As technology evolves, economy develops and the world proceeds into the future, citizens have to become technologically savvy to keep up with the changing times. That’s how it has been in the past. That’s how it’ll continue to be in the future. Of course, we Indians aren’t exactly lovers of change, and adapting to the digital world has taken us time. But with the recent move of demonetisation, all of us have had to buck up and learn how to operate in world where transactions happen online, and where being mobile-savvy isn’t just a luxury, but a necessity.
To that end, here are the top 4 mobile wallets in India, to help you through the throes of demonetization and help you operate without facing many problems:
PayTM
Duh, who doesn’t know of PayTM? After demonetisation, almost everyone has created a PayTM account to handle their daily transactions. If you haven’t been living under a rock, you’ll have heard of it too. But if you haven’t, then don’t worry, we’re here to guide you.
PayTM have been the big winner after demonetization. It gives you a digital wallet, wherein you can store your money by connecting it to your bank accounts, and pay vendors (who also have the PayTM app) through the wallet. Quick, efficient, and most importantly – entirely cashless. It is a semi-closed wallet, wherein you first need to add money from your bank to make transactions.
Freecharge
Coming in a close second to PayTM, is Snapdeal’s Freecharge app. The best thing about Freecharge is that it provides a lot of cashback and similar offers on your transactions. Thus, not only you get to do cashless transactions, the cashback offered means that your next transaction will be a little lighter on your pocket – or app, now that we don’t have cash. Again, you need to load this wallet online through your bank account to make transactions. Oh, and you can also send and receive money from people through this app.
PayUMoney
PayUMoney works on the same principal as the above two wallets. However, it is easy to get lost in the clutter if your app does not distinguish itself from the others. Thus, PayUMoney users have the added benefit of receiving cashbacks or discounts on every transaction you make, you get one touch checkout, and if you cancel a certain order, you also get instant refund, unlike other wallets, wherein there is a wait period of at least 5-7 days.
Mobikwik Wallet
Mobikwik wallet has recently tied up with many other apps and outlets such as Zomato and the like. They say they connect 25 million users to over 50,000 retailers. Here, you can add money from your bank account using credit cards, debit cards, net banking. They are even willing to collect the cash from your doorstep!
What’s better is that they have even tied up with small retailers, grocery stores and the like, to provide the customer with greater facilities and ease of payment
