Top 10 Mobile Wallets In India Trending For Cashless Transactions And Cashback

Top 10 mobile wallets in India

Mobile wallets are shopping sprees magical wallets. They have evolved faster than we imagined.

You leave your wallet at home. No problem. Gone are the days where one used to go damned leaving wallet at home. We are in the unusual 21st century where everything is made possible.

E-wallets became the running topic of the decade. As shopping zone is increasing wildly with the shoppers (online or offline), the mobile wallets are emerging quicker to grab people attention towards the high use of the e-wallets. There is no single offline and online store without e-wallets.

First and foremost, cashless transactions, a significant development happened, then followed by cashback and discounts. Voila!

Top 10 mobile wallets in India trending for cashless transactions and cashback.

Here are the buzzing mobile wallets we can hear and laud by millions.

1. Paytm

Paytm is India’s favorite and popular mobile wallet. Founded in 2010 by Vijay Shekhar Sharma as an essential wallet service in India but turned into full-fledged e-commerce services.

It is a user-friendly application where you can shop, pay bills and utilities, booking tickets, cabs and a lot more. Paytm is available for both Android and iOS.

Nearly 100 million users installed the application from the Play Store.

2. Google Pay

Formerly known as Tez, is a part of the Google ecosystem. It became a fast download from the app store despite being a late entrant in the mobile wallets zone. Google pay enables you to pay or transfer money while chatting. As usual, one can pay bills, buy online, and recharge sims.

The best thing about this mobile wallet is there is no need for additional KYC like Paytm. Nearly 10 crore users installed the application for their daily use.

3. Amazon Pay

Amazon’s Amazon Pay is an online payment processing service launched globally in 2007 and India in 2017. This mobile wallet application gives users more options to pay with the Amazon accounts and on external merchant websites on apps like BigBazaar.

4. PhonePe

PhonePe launched in 2015. Being just 4 years old the company has been able to reach more than 100 million installs. Flipkart acquired PhonePe in April 2016. The mobile wallet apps ensure from UPI payments to recharge, online bill payments, transactions and more.

5. Oxigen

Oxigen is one of the noted mobile wallets with a lively look interface with schemes running on top along with the options available. A user can ask or send for money, get recharges, and pay bills. It ensures users to feel secure with the Oxigen app as for every transaction it sends a six-digit OTP to the mobile number.

The company claims to have nearly 1 lakh outlets and has over 2 billion transactions with a volume rate of 720 million transactions per annum. It has a user base of over 150 million. The app is available to Android users.

6. MobiKwik

Mobikwik wallet, an online payment wallet system where a user can add money via his debit or credit card after signing up. The app helps to transact money, pay an electricity bill, DTH and lot more. It is available in iOS, Android, and Windows Phone users.


Bharat Interface for Money(BHIM) is a mobile payment app based on the UPI(Unified Payments Interface) and developed by the NPCI(National Payments Corporation of India) on April 14, 2017.

BHIM is a one-stop destination for quick and straightforward payments through the UPI.

8. JioMoney

JioMoney wallet by Jio is a simple interface with the elements that are useful to users made available at once to users. It allows a user to recharge, send/request money, pay at a shop all the option on the main page. The mobile wallet app is available in Google Play Store and Apple Store.

9. Chillr

Chillr mobile wallet app is known for its speedy, convenience of transactions. Users apart from the other payment methods can enjoy in-app services to book hotels, flights and much more.

It is a new digital initiative by HDFC Bank.

10. Freecharge

Freecharge is one of the reputed and famously used mobile wallets in India. It has dramatically increased online traffic since its inception. The company is the most active competitor of Paytm.

Users benefit mostly for the recharge offers and good cashback. Through this users can pay electricity bills, recharge mobiles, Metrocards and lot more. Snapdeal acquired the company. It provides cashback, discounts, coupon codes and more.


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