The times have changed, and it is high time we adapt to it. Do you know that according to a survey, the value of mobile wallet transactions in India has swelled almost 40 times from Rs 24 billion in 2013 to Rs 955 billion in 2017, and is expected to reach a mark of Rs 1 trillion in early 2018.
In this day and age one does not have to go around with the slight anxiety of having a heavy wad of cash in their pockets. They do not need to stand in a long bank or ATM queues to withdraw cash.
The government has have been planning to replace our fabric notes with plastic notes, that would be washable inspired by the Australian Government. The main reason for doing so was to stop the spreading of diseases through dirty notes.
In just a few clicks patron can now make monetary transactions anywhere across the country with these digital wallets of India. Not only that these apps gives exclusive cashback offers, discounts that are impossible to get otherwise. Saving time and saving big, using e-wallets create a win-win situation for everyone.
In this blog, we share with you the best money transfer apps of India, that will help you save big and also help you with day to day monetary transactions like paying the electricity bill, mobile recharge, DTH recharge, ticket booking, and many more.
1. Mobikwik
The app that avails more than 2,50, 000 online and offline avenues, Mobikwik is the most used free money transfer app for money transferring in India. It is secure and transparent, the smart UI makes it very easy to use. In addition to money transfer, this app can also be used to make your EMI payments, recharges and payment of bills. It is available for all operating systems.
2. Cubber
Cubber is one of its kind socio-economic app made in India, with cubber you can create a community as well as earn from it. It has an exclusive referral system, where you can get cashback on the transactions of your referrals and even their referrals.
With Cubber you can do an instant money transfer, recharge bills, book tickets to bus and amusement parks, get recharges of DTH done and other services. Play Cubber Mahakumbh and also get 50 Rs in your wallet easily. I
3. FreeCharge
Yet another Indian online mobile recharge and fund transfer app is Freecharge. As an added bonus, this app also allows its users to buy amazing discount coupons from all your favorite brands starting at just ₹1.
4. Airtel Money
Being the first payments bank in India to get UPI integration on its digital platform, Airtel Money is one of the best can facilitate instant money transfers between two bank accounts. All you need to get this app up and running is a Virtual Payment Address (VPA) and MPIN to finish the transactions. There is no need for sharing the beneficiary’s account details.
5. Phone Pe
Phone pay gives you services from UPI payments to mobile/DTH recharges. You can easily carry out money transfers and pay bill payments. This app gives us the most attractive cashbacks. This Indian mobile recharge app and money transfer app allows registered users up to INR 1 lakh per transaction anytime, anywhere.
To be in the competitive market of India, these digital wallet providing companies are moving past just fund transfers and providing value added services to remain competitive to be the best E-wallet apps of India.
Cubber 