Friday 14 December 2018

5 best payment apps for easy money transaction

A Unified Payment Interface or UPI is a payment portal that allows easy money transfers almost instantaneously. It eliminates the need of visiting banks and saves time by saving your sensitive information. The regulation of the interface by the Reserve Bank of India makes it incredibly safe. More and more payment apps are being developed and improved to make payments simpler and convenient for people across the country. Here is a list of the best performing payment apps that make money transfer super easy and quick.

1. Paytm
This is the largest platform for payments. It has a digital wallet the lets you make payments quickly without having to input too many data. With Paytm, you can pay your bills, buy everyday utilities from shops, book tickets for travel, movies etc. You can also transfer money from one Paytm wallet to another Paytm wallet easily.

2. BHIM App
The BHIM App is among the simplest payment apps that suits a large population of people in India. Developed by the National Payments Corporation of India, it is available on Play Store free of cost. The attractive blue icons on a white background make the app simple to navigate and user-friendly.

3. PhonePe
When it comes to features, PhonePe has several attractive ones. You can pay using your UPI ID, mobile number or bank account details. You can use this app to make payments, recharge phone and buy tickets.  For, every transaction, you get cash backs and rewards. It has features that allow you to make payments, check balance, reset your UPI PIN, and even add as many bank accounts as you wish. The interface is very simple and first-time users can handle the app with ease.

4. HDFC Chillr
This app by HDFC Bank allows you to transfer money instantaneously. You can make payments or transfer money to anyone in your phone book, a feature unique to this app. This makes the payment process faster as you do not need to waste your time adding a beneficiary. Through this money sending app, you can make payments, send or request money, recharge and split bills. However, the services are available to the customers of HDFC Bank only.

5. Tezz App
This is Google’s take on payment apps and is becoming popular rapidly. The app is very simple to use and incredibly user-friendly. The app is very secure, with a fast payment. The reward program offered by Tezz attracts many people to use this app. You must link your bank account to the app to make payments and transfer money. The unique cash mode sets up a wireless connection, just like Bluetooth, so you can make payments to a beneficiary in the same location.

With these payment apps, you can easily transfer money and get rewards on every transaction. These money sending apps combine efficiency, security, and speed, which is perfect for luring several people.

The apps not only save your time but also money. They eliminate the need to carry cash that you may lose or that might be stolen. If you are considering shifting to digital modes of payment, you can well consider using one of these apps to make your payments.

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