14 Best Mobile Wallets in India [MUST USE]

Despite the new concept of paying, mobile wallets have become popular in a very short time. Mobile wallets are making their way into the cashless age. People also use wallets for different purposes from mobile recharge mobiles or for taxi payments and purchases. 

Best Mobile Wallets in India


These wallets have discount offers and cashback points that hardly fail to attract customers. To use Mobile Wallet, one needs to download the same for App Store or Google Play. Transfer money to a wallet and use it to make payments. Wallets can be used for mobile, DTH recharge, bill payment and purchase. Here are 14 best and popular mobile wallet apps in India.

Best Mobile Wallets in India

1. BHIM 

This digital wallet is backed by the Reserve Bank of India (RBI) and launched by the National Payments Corporation of India. Based on UPI, BHIM is one of the best digital wallets in India. Prime Minister Narendra Modi launches BHIM Digital India for all Android users.

 Bhim has been instrumental in making India a cashless economy. This digital wallet in India supports all banks across the country. In addition, Bhim allows you to send and receive money using a Virtual Payment Address (VPA) in which you can transact without disclosing your bank details. As a result, it allows customers to transact using a fingerprint scanner obtained through a database. 

Also Read : 6 Best Apps Like Paytm To Transfer Money To Bank

BHIM enables QR code scan and pay options. Similarly, you can generate your own unique UPI PIN and QR code through the app. Also, you don't need to worry about security issues as your login inactivity expires after seconds to reduce inappropriate and fraudulent use of your data. In addition, BHIM also provides you with a transaction history to ensure you keep track of your transactions through the app.


2. Paytm 

The most popular and convenient app, Paytm offers mobile payment solutions to a large segment of society that allows customers to make uninterrupted mobile payments from cards, bank accounts and digital credit. It is a leading and QR based mobile payment leader. It is the gateway to all categories of transactions. 

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You can also pre-book your vehicle at Paytm with some special offers at your door. Paytm also allows you to purchase 24 carat / 999 fine gold through its ‘Digital Gold’ service. A customer can buy gold at a price as low.


3. MobiKwik 

MobiKwik is a fast-growing online payment portal with state-of-the-art digital wallet systems. MobiKwik has seen a 40% increase in online traffic since the Indian government decided to ban thousands of rupees and five hundred rupees due to denomination. 

The MobiKwik digital facility is also extremely beneficial for the purpose of paying various online merchants. Furthermore, MobiKwik has partnered with twelve electricity boards in the states of India and helped the common man to stop in front of the electricity bill counter through their digital wallet system and pay the bill more comfortably.  

Also Read : How to Save Money Online Shopping India

Also, MobiKwik's digital wallet system is highly encrypted and less likely to be hacked. MobiKwik Digital Wallet also helps to get a large amount of cashback benefits which are usually around 30% to 50%. In addition, when the festive months come, sometimes the cashback offers are even higher. All of this really surprises many.


4. Google Pay 

The Google Pay digital e-wallet app is well known as the fastest app. It's part of the Google system so the company has grown its user base really fast, even the app was late. Most people in India use this app to transact, pay bills, send money to anyone and make online payments and much more. 

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You can use this Google Pay app with your existing bank account, which means your money is protected with your bank. No need to panic while using this app as you don't need to take any additional KYC steps to secure your account - which is required for all other digital e-wallet apps.


5. Amazon Pay 

Amazon Pay has 33 million users in the country and this number is growing as we speak. They use simple and appealing UI for their e-wallet and yes you can make as many different payments as you want without any hassle or complications. 

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The e-wallet works like any other and can be used for various online merchants. This e-wallet was released in 2007 but it reached India in 2017 after 10 years. One of the reasons behind that is that in the beginning you were only able to use e-wallet for shopping on Amazon  site. Users can now use any service or medium to make good online payments.


6. PhonePe 

PhonePe is one of the top online payment apps in India. PhonePe was launched in 2015 and in just one year it managed to cross the 100 million download mark. From UPI payments to recharges, money is transferred to online bill payments, you can do all this on PhonePay. It has a great user interface and is one of the safest and fastest online payment experiences in India. 

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7. Freecharge 

The popular digital wallet FREE FreeCharge has a plethora of options, allowing you to perform many tasks. The app is asking you to sign up for your number and create an account just like any other mobile wallet. Once you open the app you will receive the first option to send, receive or add money to the top. 

The rest of the app has options for paying bills, recharge options, investment options and other unique offers. An exciting feature about the app is the investment in the mutual fund segment and helping you invest in it with various coupons and offers. In addition to the freecharge digital wallet, you can also send and receive money using UPI-based payment options.


8. Jio Money 

JioMoney comes from Jio, India's largest mobile service brand. You will find this digital payment app installed automatically on your smartphone when you use Jio SIM card. JioMoney is very easy to use and easy to recharge. You don't even need a bank account to recharge JioMoney. Just walk to any Jio dealer and pay cash. 

They will transfer it to your account. JioMoney is now the fastest growing mobile wallet in India. And also for good reason. Jio also has a special range of smartphones that are popular in the villages, JioMoney has gained wide popularity in rural and remote areas of India. You will not be a user of Jio Mobile Services to download and use JioMoney.


9. Oxigen 

Oxygen has a live show with a banner of special plans running upstairs, then the available options you can send or ask for money, pay bills and recharge. Oxygen feels safe to users while transacting as a six-digit one-time password (OTP) is sent to the registered mobile number each time. 

According to the company’s website, its retail promotion has 1,00,000 outlets and has so far handled over 720 million transactions a year on more than 2 million transactions. It has a large customer base of over 1 million million. The Oxygen Wallet app is only available for Android users.


10. Airtel Money 

Airtel Money is the second best digital wallet in the world. Airtel Money provides the best online experience. You can get cashback and discounts on movies, bus, flight tickets and hotel bookings. Airtel payments allow you to send money to a bank, friend or relative.


11. Pockets By ICICI 

ICICI Bank is a multinational banking and financial services. Here the user will be able to create a secure and secure payment called iMobile Smart Keys. The unique digital app includes chat, messenger, games and search options. This is a limitless account, the cheapest currency account for an online seller. ICICI Bank is available everywhere, shopping can be done anywhere. This is a very comprehensive one. And the transaction limit on each account in their digital wallet is limited to 10,000.


12. SBI Buddy 

When SBI launched the Yono launched application, it became one of the best digital wallet apps in India. You can use this software to transfer money to other users and to a bank account. You can also use Yono to pay your bills, recharge,  hotel reservations, online shopping and movie bookings. It is a type of semi-closed prepaid wallet that is available in multiple languages and can be used even if you do not have an SBI account.


13. PayZapp 

One of the most popular mobile wallet apps in India offered by HDFC Bank. PayZapp is a semi-closed type e-wallet, you cannot transfer the wallet balance to a bank account. PayZapp is one of the best digital wallet providers in India known for its excellent cashback and rewards program with various merchant websites. If you are an existing customer of HDFC Bank, then you do not need to provide KYC documents to create a wallet, the PayZapp app will automatically link to the HDFC Bank ID.


14. Citi Masterpass 

Citi Masterpass is one of the e-wallet payment systems in India launched by Citibank India and MasterCard. It is the first global digital wallet in India that supports you to speed up the inspection process on e-commerce sites. Co-branded Masterpass solution is the first of its kind in the Asian and Indian markets. 

Users also get the benefits of storing all your credit, debit, loyalty cards and shipping details in one place. Citibank's credit and debit card users are able to make purchases with more than 250,000 online retailers. Once you have collected all your pay and carry details in your City Wallet, click on the Masterpass key and the rest will be taken care of.


Mobile apps are becoming increasingly sophisticated, user-friendly, reliable and low-risk, opening up entirely new ways to make the cashless economy a reality. Digital wallets and mobile e-wallet applications have created a lot of value for users and it is not surprising that more and more consumers are searching every day.

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