Top 5 Indian Money Transfer App

Paying through a mobile app is now very common in Indian society. Its make our day to day life easy. Even from small retailers to big merchants avail various online transaction methods for their customers. Now you don’t need to carry cash every time or no need to stand in long ATM queues to withdraw money. Here are some common Money transfer apps mentioned to ease your day to day transaction.

1. PayTM

PayTM is one of the best and popular digital payment apps in India which started in 2010. It provides a lot of money transfer facilities like users can add your Credit/Debit cards and link your bank account. It's also worked on a semi-closed model like the user can load money in the wallet and pay by using a QR code to send and receive payments. Also, the PayTM mobile wallet allows you to book movie tickets, online mobile recharge, pay electricity bills, and many more from your mobile. You can also open a savings account with Paytm Payments Bank with zero minimum balance and many more features. It provides a lot of rewards, discounts, and cashback offers to connect more people with PayTm.

It is easily available for Android, iOS, and Windows Mobile Phone users can download from their respective stores.

2. Google Pay -

It is a much-secured payment method which was launched in September 2017.

It works across all bank accounts that support UPI so once you download and install an app, you should connect your bank account once and once it is connected then you can receive money from customers.

With Google Pay, you can send money to friends, pay bills, and buy online, recharge your phone all via UPI, and directly from your bank account.

Customers can pay you by using a QR code, UPI pin, mobile number, bank account number, IFSC code.

No need to do additional KYC which is most commonly required in other apps.

You can add multiple banks to it and switch according to your will or cash in any bank

You can secure the App by finger prints or Google pin.

It has a very nice interface and smooth and good looking which is easy to use.

You can also win scratch cards and other rewards, and get cashback which is directly transferred into your bank account.

3. Phone Pe

It launched in 2016, it was the first UPI mobile payment app in India and its parent company is Flipkart.

You can link other mobile wallets like Airtel Money, Freecharge, and Jio Money with Phone Pe.

It allows UPI payments to recharges, money transfers to online bill payments, you can do it all on PhonePe.

You can make bank to bank transfers using a Virtual Payment Address. As it is a UPI app, there is no need to add details of the beneficiary account to transfer money.

It allows you to top up your mobile wallet by linking to your bank account with maximum transaction up to 1 lakh.

It has a very good user interface and is one of the safest and fastest online payment apps in India.

It offers cashback, rewards, discounts, and coupons which you will use in online shopping.

You can connect multiple bank accounts with the Phone Pe app.

4. BHIM

BHIM (Bharat Interface for Money) is a mobile payment app that is backed by the government of India. It’s based on the UPI. Once you download and install this app on your phone, you can register for a UPI ID for your bank account.

You can use this UPI pin to receive payments from customers, which is credited directly to your bank account.

You can use multiple bank accounts in the app and decide which account to receive payments.

Customers can pay you by using a QR code, UPI pin, mobile number, Aadhaar number, or bank account number.

It does not require any registrations with your bank.

BHIM supports thirteen languages.

5. PAYtonic

It is the most secure app, here you can instantly pay by knowing their phone number without the receiver bank account details. So it makes your transaction easy and simple. It’s a trustworthy made in India app.

There is no need of a smartphone to receive money; the receiver can accept money on a feature phone too. It allows transactions to the friends even your neighbourhood store seamlessly.

It gives a lot of facilities like Account to account & Card to account service.

It accepts payment from all types of Debit cards, Credit card, Net Banking, Wallets & UPI, etc.

The app is also secured using a 4-digit PIN which is defined by the user.

Unregistered users can also claim payments.

It's not a wallet. That's why your money is always safe in your bank.

PayTonic is fastest way to send money using credit / debit card, mobile wallets & net banking via mobile number. It’s a free money transfer app for android & iphone.