Well Secured Money Transfer Apps And Wallet In India.
Prabhakar kumar | 26 Oct. 2023
In the period of digital India , there is great changes in money transfer , payments and banking system.Now these days money transfer is being done through money transfer apps and E wallet in India . Today with IT revolution , our life has changed . There is no need to wait for money transfer from one place to other place. There was time when money transfer took one week to two weeks time . But today the whole system has changed. Now sending money to any place or to any body in India [ and abroad] can be done in a matter of minutes from your office or house using these apps.
Here I am going to discuss and explain the different apps of India. In this article we will share information on some best money transfer apps in India.There are hundreds of best e - wallets in India , these are following the most used digital wallets in India.---
[1] Paytm :- Paytm is most probably largest digital payments gateway and arguably one of the best money transfer apps in India. It offers a big list of payments services for both customers and merchants to make seamless payments using the app. Paytm is also one of the popular online shopping sites. The paytm app also helps users to transfer money from their digital wallet to bank account [ and vice versa] and make online payments for a host of services like paying utility bills , buying mobile / DTH recharge and shopping online.
[2] Mobikwik :- It has more than 2,50,000 online and offline users in India. Mobikwik is a another free digital wallet app for money transfer in India .
It is highly secured app for money transfer . It is operational on Android , Windows and iOS. In addition to money transfer , this app can also be used to make your EMI payments , buy a mobile recharge , book rail/ bus ticket and pay your gas / electricity / DTH bills online.
Besides this , it provides best cash back and discounts which indirectly save our money.
[3] Phone Pe :- It is also very efficient and popular money transfer app which works from UPI payments to mobile /DTH recharges , money transfers to making online bill payments , you can do it all this and more using the PhonePe app.
Through PhonePe , a registered user can send and receive money from each other and vice versa.. You can make transaction upto INR one lakh per transaction anytime , anywhere using this cash transfer app.
Here you have facility to check your account balance , save beneficiaries and manage multiple bank accounts , in addition to getting refunds and cash backs to your bank account in an instant.
[4] FreeCharge:- Another online money transfer app which is made available in India is freecharge. Free charge users get to make their utility bill payments , buy metro/ mobile recharges , do Google Play recharges , invest in mutual funds and also make charitable donations online .
They can also send and receive money in an instant , create BHIM UPI ID and link their bank account to engage in the convenience of instant funds transfer.
As an added bonus , this app also allows you to buy amazing discount coupons from all your favourite brands starting at just Rs.1.
[5]Airtel Money :- Airtel money is the first payment bank in India to integrate the UPI on its digital platform. This facilitate instant fund transfers between two bank accounts on its mobile platform.
All you will need is a Virtual Payment Address[VPA] and MPIN to complete the transactions. Here is no need to share the beneficiary's account details.
You can also create a VPA and link your bank accounts to it using the My Airtel App and further personalize this with your name and /or number.
[6] Jio Money :- Jio Money is a smart money app like other similar type app. It is an easy money transfer app that will help you to be able to make payments from anywhere and at any time.
With this app you can also transfer the funds in your jio Money wallet to other Jio Money users and bank accounts too.
Plus , you get to enjoy some great offers , deals and coupons from leading brands , pay your bills and recharge mobile/DTH and indulge in shopping from your neighbourhood stores.
[7] Ola Money :- Ola Money is the India's easiest , safest and fastest money transfer app. Ola Money claims to give new type of experience to their users. This includes the ability to send money to your loved ones anytime, anywhere with just a tap on the app. You can even transfer your Ola Money from your mobile wallet to your bank account.
With Ola money app you can recharge prepaid mobile , post paid mobile / power / gas bills and of course the fare for the Ola cab you just hired.
[8]PayPal India :- The PayPal India is the Indian subsidiary of one of the worlds's most popular and widely used digital payments platform. PayPal India allows their registered users to receive and make payments anywhere in India and abroad.
To take the service of PayPal , first you have to register on the site and link your PayPal account to your designated bank account. Then you can transfer from your PayPal India account to your bank account in a second of time. All money transaction through PayPal is safe and secured without exposing your personal financial information.
[9] SBI Buddy :- It is the first Indian mobile digital wallet that is working in 13 languages. It is loaded with several unique features like - send money to registered and new users , ask money and Send reminders to settle dues . You also get to transfer additional cash into an account of their choice , absolutely free of cost.
This is in addition to normal benefits which includes , recharging and paying your bills instantly , booking movie/flight tickets and shopping for your favourite products online.
[10] PayZapp :- This app has been launched by our largest private bank , HDFC. With PayZapp , you can send money to anyone or credit the amount directly to your bank account. You can also link your debit or credit cards of any bank to this app to make instant and secured payments for your data plan/ DTH, buy movie tickets , pay for your groceries and book flight tickets and hotel rooms.
On this app you also get facility of online shopping and enjoy massive discounts at Smart Buy - HDFC bank's e-commerce platform which offers an extensive range of digital and physical products.
As an added bonus , this app also allows you to buy amazing discount coupons from all your favourite brands starting at just Rs.1.
[5]Airtel Money :- Airtel money is the first payment bank in India to integrate the UPI on its digital platform. This facilitate instant fund transfers between two bank accounts on its mobile platform.
All you will need is a Virtual Payment Address[VPA] and MPIN to complete the transactions. Here is no need to share the beneficiary's account details.
You can also create a VPA and link your bank accounts to it using the My Airtel App and further personalize this with your name and /or number.
[6] Jio Money :- Jio Money is a smart money app like other similar type app. It is an easy money transfer app that will help you to be able to make payments from anywhere and at any time.
With this app you can also transfer the funds in your jio Money wallet to other Jio Money users and bank accounts too.
Plus , you get to enjoy some great offers , deals and coupons from leading brands , pay your bills and recharge mobile/DTH and indulge in shopping from your neighbourhood stores.
[7] Ola Money :- Ola Money is the India's easiest , safest and fastest money transfer app. Ola Money claims to give new type of experience to their users. This includes the ability to send money to your loved ones anytime, anywhere with just a tap on the app. You can even transfer your Ola Money from your mobile wallet to your bank account.
With Ola money app you can recharge prepaid mobile , post paid mobile / power / gas bills and of course the fare for the Ola cab you just hired.
[8]PayPal India :- The PayPal India is the Indian subsidiary of one of the worlds's most popular and widely used digital payments platform. PayPal India allows their registered users to receive and make payments anywhere in India and abroad.
To take the service of PayPal , first you have to register on the site and link your PayPal account to your designated bank account. Then you can transfer from your PayPal India account to your bank account in a second of time. All money transaction through PayPal is safe and secured without exposing your personal financial information.
[9] SBI Buddy :- It is the first Indian mobile digital wallet that is working in 13 languages. It is loaded with several unique features like - send money to registered and new users , ask money and Send reminders to settle dues . You also get to transfer additional cash into an account of their choice , absolutely free of cost.
This is in addition to normal benefits which includes , recharging and paying your bills instantly , booking movie/flight tickets and shopping for your favourite products online.
[10] PayZapp :- This app has been launched by our largest private bank , HDFC. With PayZapp , you can send money to anyone or credit the amount directly to your bank account. You can also link your debit or credit cards of any bank to this app to make instant and secured payments for your data plan/ DTH, buy movie tickets , pay for your groceries and book flight tickets and hotel rooms.
On this app you also get facility of online shopping and enjoy massive discounts at Smart Buy - HDFC bank's e-commerce platform which offers an extensive range of digital and physical products.
[11] BHIM [ Bharat Interface for Money ] :- BHIM is a govt. backed UPI app that focuses on easy and secured money transfer.
[ 12] SBI YONO :- SBI YONO app provides to their account holders , a secured platform for transferring money and managing your accounts .
Lastly there are several apps are available for money transfer and we should always remain conscious in transferring of our hard earn money to anyone to anywhere. We should also know the working process of these money transferring app and its security aspects. Without understanding its process , we should avoid online transfer of money. Though these app are quite safe and secured because it goes through several security check up steps which work without disclosing personal data. So these apps are quite safe for money transfer to anybody.---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------The End.----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Lastly there are several apps are available for money transfer and we should always remain conscious in transferring of our hard earn money to anyone to anywhere. We should also know the working process of these money transferring app and its security aspects. Without understanding its process , we should avoid online transfer of money. Though these app are quite safe and secured because it goes through several security check up steps which work without disclosing personal data. So these apps are quite safe for money transfer to anybody.---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------The End.----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------