Top 5 Mobile Wallet Apps You Can Try On Android
BENGALURU: Who would have thought that the payments sector would be so prominent today? Once, a quiet corner of the financial world, the industry has been on a roller-coaster ride lately. With the proliferation of mobile technology and the internet, the payments arena has become easier to access, and the transactions can be done in just few clicks. As such, mobile wallets have also become quite widespread and people are using them for a very specific reason. For some, a mobile wallet is just a way to recharge their phone; for others, it's the app they use to refill the taxi money or pay for utility bills, movie tickets, train tickets and the likes.
The era of cashless payments is upon us. They are the new currency and are replacing cash payments. With so many different models and usage patterns, GIZBOT has identified five mobile wallets leading the way.
Paytm
Use Paytm for prepaid mobile recharge, DTH or datacard recharges, or pay your mobile or utility bills and even shop online. With endless payment options and seamlessly secure transactions, users are bound to have an incredible experience. Now customers can pay with Paytm on their favorite sites as well. Notably, Paytm is the only wallet that supports bookings on IRCTC, and has a license from RBI to set up a payments bank, enabling it to offer current and savings account deposits, issuing debit cards and offering Internet banking services.
