20 Best Digital Wallets in India

What is a Digital Wallet?

A Digital Wallet refers to a device or service that lets you carry out monetary transactions electronically. Cashless payments for monetary transactions can be done through a Digital Wallet. A Digital Wallet can also be linked to an individuals bank account.

India has seen a phenomenal increase in the number of digital wallet users. The nation is slowly moving towards being a cashless economy.


Here Are The Top 20 Digital Wallets in India by sumHR

With the Airtel Money app, users can easily recharge prepaid accounts or pay postpaid bills. You can also shop online if your digital wallet has cash loaded in it. It’s also extremely safe as every transaction or payment you make requires a secret 4-digit mPin.

Citi MasterPass, a free digital wallet, helps make checking out while online shopping a speedier process. Once you’ve stored all your payment and shipping details in your Citi Wallet, simply click on the MasterPass button and it will take care of the rest.

Citrus Pay, one of the top e-wallets in India, it offers a Citrus wallet for customers as well as payment solutions to businesses. With a strong base of 800 million customers, it has definitely earned its spot as one of the best mobile wallets in India.

4) Ezetap:

Ezetap, a Bangalore based digital payment solution founded in 2011, offers business owners solutions to accept card payments via electronic devices. It also send customers e-receipts through an SMS or email.

Freecharge, one of the most famous names right now when it comes to digital payment in India, has been known to target the youth in all their promotions. With equivalent amount of coupons given for every recharge you make, it’s a great option to save while paying your bills online.

6) HDFC PayZapp:

HDFC PayZapp, making digital payment in India simplified with one click payments, is one of the top online wallets in India. Users can easily compare flight and hotel tickets and even buy music or pay bills with the app. Simple connect your debit/credit card once and forget to worry about making payments.

While you might find a Pocket card redundant, considering you’re opting for an e-wallet app to avoid using a card, they do have a pretty neat wallet app. It’s VISA powered and can be used on any Indian website, or to transfer money to email ids, WhatsApp contacts, and also just tap and pay your friends easily.

JioMoney, launched recently in 2016 by Jio, is a digital payment app. With JioMoney, one can receive great discounts and offers. Users can also bookmark their frequently visited retailers so shopping can be made quicker than usual.

9) Juspay:

JusPay Safe is a payment browser with over 650+ transactions in a day. They offer a browser with which users can make payments quickly via cards with 2 clicks.

10) LIME:

LIME, launched by AXIS in 2015, was the first mobile app in India to integrate wallets, shopping, payments, and banking. Apart from the usual features like making payments, they also let you analyze what you spend. With a cool feature that rounds up all your change and invest in a deposit and a shared wallet tool, they’ve definitely earned their spot in the top list of mobile wallets in India.

11) Mobikwik:

Mobikwik is a Gurgaon based e-wallet payment system in India that helps its users store their money. Founded in 2009 by Bipin Singh and Upasana Taku, this digital wallet enables users to recharge, pay bills, and make third-party purchases with one tap.

MomoeXpress, a Bangalore based digital wallet in India, claims to have the fastest checkout system. Though they’re only available in Bangalore, they have a wide range of solutions they offer to residents on the city. From paying for your rickshaw ride to salons & spas, there are over 3000 outlets available at your disposal.

MoneyOnMobile, authorized by the Reserve Bank of India, enables users to buy goods, products, and services from registered merchants. It’s a multilingual app that reaches remote areas of the country to millions of users making online payments available to a wide population.

14) Mswipe:

Mswipe, the first mobile point-of-sales solution in India was founded in 2012. They don’t exactly offer an app, but they do provide a machine that can be attached to your mobile device to accept card payments. This may not be a digital wallet app but it does support going cashless.

15) Ola Money:

Ola Money, launched in 2015, is a digital wallet in India offered by Ola. While it’s majorly being used to make payments for Ola cab rides, making cashless traveling a dream come true, it can also be used to buy groceries or flight tickets and much more.

16) Oxigen:

Oxigen, a FinTech company founded in July 2004, is one of the major providers of digital payment in India. Along with making online purchases and paying bills, you can also send gift cards to your dear ones.

17) PayMate:

PayMate, founded in 2006 by Ajay Adiseshann, launched PayPOS in 2012, an app for small business owners to receive payments conveniently via debit cards and credit cards and also process electronic transactions.

18) Paytm:

Paytm, launched in 2010, is currently the largest mobile wallet app in India. With payments via Paytm being accepted almost everywhere, it’s hard not to simply switch to it completely. From paying mobile bills to buying movie tickets, there’s almost nothing you can’t do with Paytm.

19) PayUmoney:

PayUmoney, a part of PayU India, is a free payment gateway solution for merchants to collect payments from customers via debit/credit cards or net banking, and more. They also offer SMS and email invoicing for merchants that do not have a website.

State Bank Buddy, a product of State Bank of India, is an online wallet in India that’s available in 13 languages. Users (non SBI account holders too) can send money via Facebook, or to other bank accounts, book hotels or movie tickets and much more!

If you’re looking to get on board the cashless India movement, these are some of the best digital wallets in India you must opt for.

If you’re a digital wallet startup in India looking to streamline your HR & Payroll process, give us a call at +91 922 221 3195 or visit signup.sumhr.com now.


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Ankkita Chauhan

They say 'Never judge a book by its cover' and the same goes for Ankkita, tiny human with a huge imagination. Chocolate runs in her veins, can't cook to save her life but can eat like a champion. Writing is her escape from the world or it's like living in Narnia as she calls it. Music, books, and chocolate are three words that can sum up her life.

  • Rajanikant Tiwari
    Posted at 6:37 am, June 4, 2017

    Sir I want to know about a e-wallet that does not charges on money transfer to other bank

    • Posted at 4:32 am, August 19, 2017

      Mobiwick no charges to transfer bank

  • Posted at 9:12 am, June 14, 2017

    nice and informative article i came to know a lot by it thanks a lot for sharing it

    • Posted at 10:16 am, July 17, 2017

      HDFC PAYZAPP (Rs.50,000 PM
      CITRUS WALLET (Rs.3,000 PM)
      YES BANK Wallet (Rs.20,000 PM)

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