Top 5 Mobile Wallets in India For Cashless Payment

E-Wallets have becomes the major platform for transactions in India. With the massive efforts for the cashless economy by the government, people are downloading e-wallets for making transactions in a digital way.

The Mobile wallets concept is replacing traditional payment methods. Several types of mobile wallets are present in India, such as open, semi-open, semi-closed and closed. Choose the right one for you based on the type of usage and payments which you opt to make.

On Jugadu Indian Below Are The The Top 5 Mobile E-Wallets More Making Online Transaction.

Paytm

Paytm is an e-commerce website, where you can make payment by adding money through your debit/credit cards, You also can shopping on Paytm and Pay Your Utilities Bill. Paytm has quickly grabbed the market place and now it is a top Mobile E-wallet in India. This Mobile wallet leader wallet  App is being used by more than 100 million user across the India.

No. of Installs – 1,000,000+

Momoe

Momoe is a Bengaluru based mobile payments startup that focuses on changing how customers pay while eating out, travel and shop. Using the Momoe app, one can store their credit card details and make mobile payments at various restaurants, grocery stores, apparel, salons and other retail outlets.

No. of Installs – 1,00,000+

PayUMoney

PayUMoney, a Gurgaon-based company that provides online payment solutions launched its wallet service before sveral years. This E-wallet by PayUMoney make people enables to store cash and pay for various services and transactions.

No. of Installs – 1,00,000+

Mobikwik

MobiKwik is an independent mobile payment network that supposedly connects 25 million users with 50,000 retailers and more. This mobile wallet lets its users add money using debit, credit card, net banking and even doorstep cash collection service, which can in turn be used to recharge, pay utility bills and shop at marketplaces.

No. os Installs – 10,000,000+

Freecharge

Freecharge.in was conceived based on the idea that this mould should be broken. We wanted to ensure that customers received true value from their recharges, which would encourage repeat purchase behavior, thereby increasing footfalls for the couponing partners and retailers. Freecharge.in was officially launched on 15th August, 2010.

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