Best Digital Wallets in India – Part 3

The government’s demonetization drive last year put the digital wallets on the map in a big way. People were not left with any other option but to use them. As a result, it has only flourished from them on and there is no looking back. Majority of people now prefer using these e-wallets rather than carrying money. Let’s take a look at some of the best of them.

PayUMoney

PayUMoney is a part of PayU and allows its users to make the online transaction via debit cards, credit cards, net banking, etc. It’s other prominent departures are –  PayUMoney Buyer Protection which assures that the purchased product reaches your door and SMS and email invoicing for merchants that do not have a website.

Vodafone M-Pesa

A wholly reserved subsidiary Vodafone M-Pesa Limited [VMPL] joint with ICICI bank, this e-wallet is approved by the RBI. It is a fast, convenient, and secure medium for making the mobile transactions.

Freecharge

Freecharge is headquartered in Mumbai and was founded by Kunal Shah and Sandeep Tandon in 2010. It comprises of over 20 million registered users. It is the most popular e-wallet amongst the youth and a great option to save while paying your bills online. What sets it apart from other digital wallets is its feature from where you can donate money to the registered NGO’s.

Hence we see how these wallets are increasingly becoming popular and trustworthy amongst the people as they feel comfortable and secure while using these them and satisfied with the services. Keep watching this space to learn about more such virtual wallets popular in the country.