digital wallets in India

20+ Top Digital Wallets In India And UPI Apps

UPDATED ON: August 2, 2019

What is digital wallet?

Digital wallet is an electronic form of physical wallet where you keep your money to make most of the transactions that you do with cash. Digital wallets in India are becoming a preferred way of making online payments as you don’t have to enter debit or credit card details.

Actually, people are not comfortable and even feel scared to enter these details on phone apps. With additional security layers and ease of use, digital wallets make an ideal choice for anyone.

Digital wallets in India are different from UPI. We won’t get into details of this. Read this article to know how digital wallets are different from UPI.

UPI and digital wallets are also going to benefit e-tailers that provide COD (Cash on Delivery) service to its customers.

Here’s the list of digital wallets  in India and UPI apps

Last updated: 22/01/2019

DISCLAIMER: The information about digital wallets in India, provided below is based upon what is mentioned on the listed websites and is correct at the time of this blog post which may change in the future.

1. PaytM

Paytm was founded in 2010 by Vijay Shekhar. It has a subscriber base of over 160+ million users. At present, Paytm is the largest and most preferred among the digital wallets in India that gained maximum popularity when demonetization move was announced by the government.

It offers wide range of services like mobile & DTH recharge, electricity and phone bill payments, booking of train, bus, flight and movie tickets etc.

You can also pay money to other users using bar code or phone number. Paytm recently launched the service without internet that has made its services available to people who don’t have a smartphone or internet connection.


BHIM (Bharat Interface for Money) is an easy and secure UPI app launched by NPCI (National Payments Corporation of India) backed by RBI. Bank account holders need to link the mobile number to their accounts as BHIM app works only with this registered mobile number.

You can send and receive money using VPA( Virtual Payment Address) without disclosing bank account details.

With BHIM Adhaar Pay, merchants can receive payments from customers over the counter by authenticating the biometric details (using fingerprint scanner) of a user with Aadhaar database. Merchants can download the related app of their bank on Google Play store to get registered.

3. Mobikwik

Founded in 2009 by young entrepreneurs Bipinpreet Singh and Upasana Takku, Mobikwik has 30+ million users and more than 1 lakh plus retailers.

Recharge mobiles, DTH, pay landline, gas, electricity bills, easily make purchases using Mobikwik app.

4. Freecharge

This was launched in 2010 by Kunal Shah and Sandeep Tandon. You can make prepaid, postpaid, DTH, metro recharge and utility bill payments using Freecharge wallet app. It also allows you to make online and offline purchase.

Its “Chat-n-Pay” service enables you to chat and pay friends, family and merchants in less than 5 minutes.

5. Google Pay

It’s a new highly secure payment app launched by Google for India. Send money to friends and instantly receive money in your bank account using UPI.

With Google Pay’s Cash Mode, you can instantly send or receive payments to anyone nearby without sharing personal details like your phone number or bank account. Some online shopping sites are enabling payment using Google Pay feature to make checkout faster.

You can also make money using Google Pay.

When you download Google Pay using some referral code and make first transaction of more than 150 rupees, you will make  51 rupees. With every transaction, you get chance to win upto Rs. 1000 and when you make transaction of Rs. 500 or more, you get a scratch card with a chance to win Rs. 100,000. You can send referral codes to as many friends as you want and keep earning. You can use this link to download Google Pay to earn your first 51 rupees..

6. Oxigen

Oxigen was founded in 2014 by Pramod Saxena to offer micropayment of  services and remittances in real time. With 20 million customers, 15000 plus registered merchants and 500,000 plus retail outlets using oxigen, it has built a strong business in India.

It offers services like mobile/DTH /Data card recharges, bill payments, instant money transfers, online shopping and more.

7. ICICI Pockets

Pockets is a visa powered UPI enabled e-wallet of ICICI bank. It’s not necessary to have ICICI bank account to use this app.  Customers of other banks can also use this wallet to pay bills, shop anywhere, recharge mobiles and much more. If you are an ICICI bank customer, you can login with your internet banking user id and password.

Users can also get physical card to shop anywhere offline or online. Its ‘mVisa’ and ‘touch & pay’ features make it  unique and preferred wallet.

See how ‘touch and pay’ feature works:

If you are ICICI bank customer, you can use its official mobile banking app iMobile as well.

8. PhonePe

Powered by Yes Bank, PhonePe is a UPI based app launched by Flipkart, a leading marketplace. You can make bank to bank payments by using mobile numbers or VPA( Virtual Payment Address).

Also, recharge any prepaid Mobile/Datacard/DTH, pay postpaid landline, datacard and mobile bills, electricity, gas bills and more. You can also do shopping on Flipkart using PhonePe.

9. Jio Money

Jio payment app is the latest wallet launched by Reliance. It can be used by customers of any telecom service provider. You can download JioMoney from Google Play Store or Apple App Store.

If you buy Jio’s LYF handset, you will be able to access  JioMoney app with preloaded offers and discounts directly from merchants.

10. ABPB Wallet

Mobile wallet service offered by Adtya Birla Payments Bank was previously Idea Money.  You can recharge mobile, DTH and data connections. make cashless shopping, send money to other ABPB users, make travel, hotel bookings and more.

Idea mobile users can access wallet offline by dialling *400# and follow simple instructions.

11. Amazon Pay

Amazon Pay is a unique service offered by Amazon that enables you to pay while shopping online not only on Amazon but on third party websites as well, by using the payment information already stored with your Amazon Account. You don’t need to re-enter your payment information.

To start using Amazon Pay, just open an account on Amazon. You will be automatically get registered for Amazon Pay, the first time you use it.


‘Lifestyle and Banking Dono’.

SBI has an innovative app you can use for banking, shopping, travel, paying bills, investment, recharges and more. You can also transfer money using UPI. 

If you are SBI customer, you can avail special discounts on shopping, vacation bookings, flight and bus ticket bookings and much more.

13. HDFC PayZapp

Install app on your phone and link your debit or credit card to Payzapp to send money, shop online and offline, buy movie tickets and more. Get great discounts at SmartBuy, pay bills and recharge your mobile, DTH and data card.

You can also compare and book flight tickets and hotels using this app.

14. Citrus Wallet

CitrusPay was launched in 2011 and has 21 million registered users and 8000+ merchants. Citrus is one of the leading payment gateways in India used by online merchants..

Send and receive money using mobile number. Split your bills, share a cab and much more.

15. Citi MasterPass

Citi MasterPass is the first global wallet launched in India by Citibank and MasterCard in 2015 that enables Citibank India customers shop online worldwide.

It stores your payment and shipping information in one place so you can shop and checkout faster on sites that display “Buy with MasterPass” button.

You can add credit, debit or reloadable prepaid cards issued by MasterCard, Visa, Maestro, American Express, Diner’s Club and Discover.

16. tmw

Download tmw app on your mobile (presently available for Android). Use it for recharges, shopping, wallet and bank transfer, meal voucher and Bharat QR.

You just need to create UPI ID for sending and receiving payments. When you send money, it  is transferred instantly in the recipient’s bank account.

17. IRCTC iMudra

A digital wallet and a prepaid card to book tickets on IRCTC. You can purchase goods by generating virtual card for online shopping and physical card to shop with offline merchants. You can also use physical card for ATM withdrawals.

There is a registration Fee of Rs 50 + Service Tax (non-refundable) and flat transaction Charge Rs 10 + Service Tax per transaction. So, by using this wallet, you save payment gateway charges per ticket and make faster bookings.

18. Airtel Money

Use Airtel Money to recharge mobile and DTH of all operators, pay postpaid & landline bills. Use for spas and shopping, to send & receive money from any Airtel Money customer, send money to any bank account via NEFT and more.

19. Future Pay

A digital wallet of Big Bazaar for shopping across Future Group stores like Big Bazaar, Brand Factory, Ezone, Easyday and fbb.

It has a unique PRICE MATCH feature using which you can compare the price of a product with local and online competitors. This helps you to shop wisely at the lowest price. If the price at Big Bazaar is found to be higher, the difference amount is refunded to your wallet.

20. M-Pesa

Recharge mobile, DTH and pay for many utility services with M-Pesa. It offers a unique service that helps users collect cash from nearby outlet when someone transfers money in their wallet. This service is available across more than 1,20,000 outlets. Also, you get 5% cashback on your transactions.

21. Ola Money

Download Ola Money app and make purchases with your money stored on Ola app for a seamless shopping experience. You can also avail offers from select partner  sites like MyBusTickets using this app and  pay postpaid mobile bills, mobile recharges, electricity bills, gas bills.

22. MomoeXpress

A Bengaluru based startup that was acquired by Shopclues, enables you to make payments  at over 3000 outlets/ restaurants in Bengaluru and Pune without waiting for the bill. They have recently added Mobikwik, ICICI and Payzapp payment options as well. You can also use MomoXpress wallet where you need to make payments on phone.

23. Ezetap

Install Ezetap app on Android phone. After signing in, you will be prompted to install associated service app. Download that as well. This will enable you to pair Ezetap device with your phone. After this follow instructions to make transactions.

24. MoneyonMobile

Use your this app to recharge mobile phone, DTH, pay electricity, telephone bills, for online shopping, domestic transfers and more. MoneyonMobile is a smartphone and mobile SMS application.

25. Itz cash

This is India’s leading phygital payments platform that issues prepaid cards for offline and online transactions. Now use Itz e-wallet  to recharge mobile, DTH, pay electricity, gas, landline bills, transfer money and more. You can also recharge mobiles of friends in your contact list without entering the phone number.


 Digital wallets in India

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