Here is some best mobile wallet app for Android.The digital wallet is the word often used by all the people nowadays.Online payments in India growing rapidly day by day. There are a lot of e-commerce companies has been successful in the market. Many companies have been started in the wake of Digital Revolution. Nowadays many transactions are happening in Online only.
Phrases like e-wallet, digital wallet and mobile money have entered popular lexicon in the wake of demonetization of high currency notes in India. It is being proclaimed that ‘mobile phone is your bank’. Various banks are advertising the launch of e-wallets and related mobile apps.
Many banks and e-commerce companies have provided Digital wallet facilities for their customers. This article provides some popular digital wallets using in India.
Let’s see the various type of E-wallets
Digital wallet refers to an electronic device that allows an individual to make transactions. It can include purchase items on-line with a computer or be using a smartphone to buy in the online store.
A Bitcoin wallet is a software program where Bitcoins are stored.
The Bitcoin wallet comes in many forms; desktop, mobile, web and hardware are the four main types of wallets.
Near Field Communication
A wireless technology that allows users to make payments by placing a compatible device like a smartphone or payment card within a few centimetres.
Near-field communication transmits data through electromagnetic radio fields and is the technology behind payment services like Google Wallet and Apple Pay. Both devices must contain NFC chips for an NFC transaction to take place.
Best Mobile wallet app for Android
Paytm is one of the best mobile wallets for Android.17 crore Indians use Paytm in their day to day lives. It is very safe and secures digital wallet which is providing many best offers to the customers.
Read more: Key facts about Paytm
Click here for Paytm offers
PayUMoney is the flagship company of Naspers group which is a budget of $25 billion internets. It provides the payment gateway solutions for all online businesses. You can recharge your mobile, electricity, Gas and water bills etc.
Read more: Health and Fitness Apps for Android
Click here for Mobikwik offers
Citrus Pay is the well-known best mobile wallet app for Android application which is next to PayUMoney.Facebook is also using citrus payment gateway for all its paid advertisements.It has 8000+ merchant partners and 21 million registered users.
Click her for Citrus Offers
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State Bank Buddy
State Bank Buddy is the favourite digital mobile wallet for Android which is widely used by the State bank customers. It allows the customers to do all types of online transactions for paying all bills and transfer money to other accounts.It supports 13 Indian languages.
Click here for State Bank Buddy offers
Citi Masterpass is the partnership with Master card and it is very safe and convenient to use. It is a free digital wallet service that makes online shopping safe and easy by storing all your payment and shipping information. With Citi MasterPass, you simply shop, click and check out faster online
ICICI Pockets is the specialised digital wallet of ICICI Bank.It is the VISA-powered e-wallet that customer of any bank can recharge mobile, send money and pay bills etc.
Click here about ICICI Pockets Offers
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HDFC Chillr is the best mobile wallet app for Android which is mainly used to send money to people.It is used to recharge the mobile bills, electricity bills, DTH and Data Cards etc.All transactions are authorised through M-PIN that is issued by HDFC Bank and secured by 2048-client certificates.
Paypal is one of the oldest and most reliable payment systems in the world. With Paypal payment system you can transfer money from anywhere in the world.
To start using PayPal register at Paypal using your email id and then connect your bank account with it.The multinational companies using Paypal for international transactions due to its security and easy to use. Note that Paypal is good for international transactions.
This payment is designed and developed by Flipkart. It works on UPI system which is used to transfer money between different accounts.This mobile payment system will create a virtual payment address which is helpful to transfer or receive money from any accounts.
Axis Bank is the third biggest private bank in India.It has introduced the new age best mobile wallet app for Android called Lime Wallet .It also provides you with an option to get an Axis Digital Savings Account with a nil balance.
Click here for Axis Bank wallet offers
BHIM(Bharat Interface for Money)
Bharat interface for Money is the new UPI payment app. The digital payment app which brings a singular app for all UPI-based payments. It allows the app users to send money to various accounts.