You Here!
  • Home
  • Tag The Rise of Digital Wallets in India – Top Money Transfer Apps in 2018

The Rise of Digital Wallets in India – Top Money Transfer Apps in 2018

The Rise of Digital Wallets in India – Top Money Transfer Apps in 2018

In India, the advent of digital wallets and money transfer apps has revolutionized the way people conduct financial transactions. With the government’s push for a digital economy and the rise of smartphone usage, these apps have gained immense popularity across the country. Let’s take a look at some of the best money transfer apps in India in 2018:

1. Paytm

As one of the pioneers in the digital payment space, Paytm has become synonymous with cashless transactions in India. With a user-friendly interface and a wide range of services, including mobile recharges, bill payments, and online shopping, Paytm continues to be a top choice for money transfers.

2. Google Pay

Formerly known as Google Tez, Google Pay has quickly gained popularity due to its simplicity and integration with other Google services. With features like UPI payments, bill splitting, and rewards for transactions, Google Pay has become a favorite among users looking for a seamless money transfer experience.

3. PhonePe

Backed by Flipkart, PhonePe has emerged as a strong competitor in the digital payment space. With its easy-to-use interface, instant money transfers, and cashback offers, PhonePe has gained a loyal user base in a short span of time.

4. BHIM App

Developed by the National Payments Corporation of India (NPCI), BHIM (Bharat Interface for Money) is a government-backed app that aims to simplify digital payments. With features like Aadhaar-based payments and support for multiple banks, BHIM has become a trusted platform for secure money transfers.

5. PayU Money

PayU Money is another popular money transfer app that focuses on providing a safe and secure payment experience. With features like transaction protection, bill payments, and easy refunds, PayU Money is a reliable choice for users looking for a hassle-free money transfer service.

These are just a few of the top money transfer apps that have made waves in India in 2018. With their user-friendly interfaces, secure transactions, and innovative features, these apps have played a significant role in driving the country towards a cashless economy.

leave a comment