Nowadays we find ourselves carrying debit and cards while going out, not just because they are easy to carry, but also they help us track our spending. These make our pocket thick and heavy. But with the introduction of mobile or digital wallets, you can very easily get rid of this unnecessary burden.
As a result, the whole system gets swapped and fitted into a smartphone. Something that you always carry. E-wallet is a very concept in our country and with the help of this post, I am sharing the list of popular e-wallets in India with you guys.
Before we dig further, let’s touch the basics of a digital wallet.
What is e-wallet? & How it works?
An e-wallet or digital wallet is an electronic device that lets you make e-commerce transactions like purchasing items online using your computer or smartphone. In your digital wallet account, you can add money to get special benefits and link your bank account or store your credit/debit card information for a faster transaction. Scroll down to find some of the most popular mobile or virtual wallet companies.
List of popular E-Wallets in India 2016
- Airtel Money
- Oxigen Wallet
- HDFC PayZapp
- Chillr by HDFC
- Pockets by ICICI bank
- SBI Buddy
Popular e-wallets in India – the year 2016
For readability purpose, I have divided the description of these apps into 3 sections.
Launched in 2014, Paytm is one of the most popular companies providing the best wallet space. At present, it is dominating the digital service platform with a maximum number of registered users. This can be used to pay for anything you buy online.
Freecharge is another very popular name in digital wallet space. Along with being a successful recharge platform, it efficiently provides all the facilities offered by any other wallet service provider of its kind. Personally, I find this very useful and handy. Their cash back offers are really awesome.
The MobiKwik Wallet makes your online transaction easier. Through it, you can shop, pay the bill, recharge and do other online transactions.
PayUmoney Wallet ensures customers 1% extra discount or reward for paying through them. So, every time you can save money on your online shopping. Furthermore it also securely stores your card details for faster checkout.
5. Citrus Pay
Citrus Pay is one of the key players in mobile money wallet space. Functions like any other digital wallet with an attractive additional feature of funding from popular investors.
Next five to Go…
6. Airtel Money
Airtel Money, developed by Infosys is not just a mobile wallet instead it has some of the best features you can find nowhere else. Using this app, you may get exclusive offers for extra savings. Just shake your phone to check the exciting coupons and deals available.
7. Oxigen Wallet
Oxigen is one of the oldest company in the payment industry. It is one of the most loved & widely accepted mobile wallet apps that is designed to meet all your payment needs. All your online transactions can be done using this app.
Ola Money wallet is here with all new user experience and one tap access to all your daily needs. Ola Money wallet can be recharged via Credit Card, Debit Card, and Net Banking. One can do prepaid mobile recharges, pay your postpaid mobile bills, electricity bills, gas bills and also pay at several stores with just one click.
9. HDFC PayZapp
HDFC Bank PayZapp has been a complete payment solution for paying in just one click. With it, you can do everything, shop on your mobile, recharge and pay bills of mobile, data card and DTH, compare and buy flight tickets and book hotel rooms, etc., with great discounts. So, link your cards to this App and enjoy the most convenient way for online payments.
Chillr is the one stop solution for all your payment & mobile banking needs. Currently, the multi-bank payment services are available for HDFC Bank; Bank of Baroda; Catholic Syrian Bank; Andhra Bank; Punjab & Maharashtra Co-op Bank; Bharat Bank; Federal Bank; Greater Bank and Saraswat Bank.
Five more to Go…
11. Pockets By ICICI Bank
Pockets by ICICI bank a multi-tasking unit in your hand. Create your wallet instantly to recharge, shop anywhere online, transfer money to any account, etc. In addition to this, also get exclusive discounts to your online transactions.
Your simple, smart and secure ‘one-app‘ solution to everyday transactions on the go. JioMoney is much more than a wallet. This app from Reliance empowers you to pay everywhere in a cash-free way. With JioMoney, you can do mobile and DTH recharges, make everyday payments, send/receive money, pay insurance, and other premiums, manage your finances, get great deals, and more.
13. SBI Buddy
SBI Buddy Mobile money wallet. Add money or link to debit/ credit card to enjoy swift money transfer – ask or send, recharge or pay bills, book flight and hotel and buy movie tickets. This is available in 13 languages. Choose your own language for a seamless experience.
mRupee is a brand owned by MMP Mobi Payment Systems Limited. mRupee is a popular name in digital wallet space. The excellent service provided by them makes customers move out of traditional payment mode (cards, cash, etc.) and opt for this mobile money wallet.
ItzCash Mobile Wallet Swipe on the go is a mobile payment solution to pay your bills, transfer monies to friends and family and track monthly expenses.
Hope you like this post. I will keep updating the above list periodically.
What do you think?
If you know any other e-wallet, feel free to list it out in the comments section with a little description. I will make sure to add it to the list.
Do not hesitate to share this post with your friends.