14 Top Mobile Wallets In India To Save You The Burden Of Carrying Cash In 2017

14 Top Mobile Wallets In India To Save You The Burden Of Carrying Cash In 2017

Few years back nobody knew about the mobile wallets in India. Of late, despite of being a new concept, mobile wallets have witnessed immense popularity. At the moment, people are facing currency crunch in India and this is where the mobile wallets are reducing the burden of the people. These wallets attract the users by offering discounts and cashback points at regular intervals.



In order to use these mobile wallets, all you need is to download the app from the Play Store. The second step includes transferring money to the wallet and eventually using that money to make the payments. These mobile wallets can be used for varied purposes such as making bill payments, shopping, DTH recharge, and for your day to day expenditures.

So, this is where we will be discussing some of the most popular mobile wallets in India.

14 Most Popular Mobile Wallets In India

Paytm Wallet - Add Money to Paytm Wallet


Launched in 2010, Paytm is the king of mobile wallets. As per www.dqindia.com, Paytm alone has a user base of more than 20 million. You must have experienced that most of the grocery stores and shops accept payments through Paytm, which goes to show its popularity. It is the mastermind of Mr. Vijay Shekhar Sharma and it is the first company to be funded by Alibaba.

Using Paytm is quite simple where all you need is to load money and make the payments whenever you are out for shopping. The merchants and shopkeepers are having operational tie-ups with the company. In addition to making e-commerce transactions, you can use Paytm for making bill payments, transferring money, and you can also avail services from merchants hailing from retail, travel, and entertainment industry.

Online Bill Payments & Recharge offers, Money Transfer, Mobile Payments I Oxigen Wallet

mobile-wallets-indiaOxigen Wallet

Powered by Oxigen Services (India) Pvt Ltd, it is one of the nation’s largest payment solutions providers. You can be rest assured that your money transfer transaction is secured as Oxigen uses 6 digit one time password (OTP) which you will get on your registered mobile number. Moreover, the mobile wallet also has RBI approval and it has been integrated with NPCI that allows instant money transfer from the wallet to more than 50 banks and vice versa using IMPS (Immediate Payment Service).

MobiKwik Wallet

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mobile-wallets-indiaMobikwik Wallet

MobiKwik is one of the major independent mobile payment networks. This mobile wallet connects more than 30 million users with over 100,000 retailers. You also get to know about the retailers (e-com websites, telcos, brick and mortar stores, m-com apps, and billers). You can avail services of MobiKwik from their desktop site or mobile site. They also have Prepaid Payment Instrument license from RBI.



PayU India is a key company of Naspers Group. The company is a $25 billion internet and Media Corporation listed on Johannesburg and London stock exchanges. PayU offers an advanced payment gateway solutions to the online businesses using its award winning and progressive technology.

The mobile wallet serves over 4000 merchants that includes ecommerce companies such as – Bookmyshow, Tradus, Goibibo, Zomato, Snapdeal, Ferns n Petals, Jabong, Travelyaari, Jabong, Rechargeitnow, etc.

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Vodafone M-pesa_ Tranforms Mobile into Bank Account

mobile-wallets-indiaVodafone M-paise

If you are looking for a fast, convenient, and secure way of mobile transaction then this is it. This is completely owned by subsidiary Vodafone m-pesa Limited (VMPL) in association with ICICI Bank. This mobile wallet also has been authorized by RBI.



Founded in 2010, FreeCharge is one of the popular mobile wallets with 20 million registered users. With the help of this app, you can make DTH, prepaid, postpaid, utility bill, and metro recharge payments for multiple service providers. Using FreeCharge wallet, you can pay across leading online platforms and offline stores like Cinepolis, Hypercity, McDonald’s, and Shoppers Stop.

Payment Gateway Solutions & Mobile Wallet in India - Citrus Pay

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mobile-wallets-indiaCitrus Pay

Citrus Pay is one of the popular e-wallet apps. This app will help you to store cash, make payments, and transfer money on the go. As per the company, they claim to have done a transaction of 1 billion dollars. Citrus Pay is the first company to introduce 1-click checkout, consumer analytics, native mobile app payments, and wallet for cabs.


mobile-wallets-indiaState Bank Buddy

This mobile wallet was launched by State Bank of India. With the help of this app, you can easily transfer your money to some other bank accounts, movie bookings, pay bills, hotel bookings, and travelling. One of the key things about this app is that it offers its services in 13 languages and even if you are not an SBI customer, then also you can use this app. With the help of this app, you can set reminders for your dues and money transfers.


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mobile-wallets-indiaCiti Master Pass

It is a digital wallet launched by both Master Card and Citi Bank India. It is the country’s first international wallet that helps in faster and secure online shopping. The app responsibly stores all your shipping, credit, debit, prepaid, loyalty cards, and payment details at one sole location. Using this app, you get to shop, click, and checkout faster online.


mobile-wallets-indiaICICI Pockets

As per this digital wallet, you can easily finance your mobile wallet with any bank account in the country and pay for the transactions. If you have installed Pockets app in your smartphone, you can book tickets, recharge, split expenses, and transfer money. A Virtual VISA card is being used by the wallet which allows you to transact with any website or a mobile application.


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It can be defined as money transferring app that makes money transfer and payment process much easier. With this mobile wallet, you can transfer your money to your friend’s smartphone, you actually remove the hassle of adding a beneficiary. At the moment, the app is exclusively available for the HDFC customers. Being an HDFC customer, you can split bills, recharge, send money, request funds or transfer. Soon, you will be able to pay at both online and offline stores as well.



Launched by Axis Bank, this mobile wallet empowers you to manage money using your smartphone. Now, making payments; tracking your spending, comparing and shopping has become easier. With Lime, you can expect the best solutions when you think of tracking and spending your money. This mobile wallet can be used by both the account holders and the non-account holders. You can also add money using your credit, debit, and net banking details.



It is semi closed wallet and it is licensed by RBI. Over the last couple of years, people have used mRupee to pay postpaid and landline payments, gas and electricity bills, sending money to their loved ones and recharging mobile phones. You can also use this digital wallet to book your bus tickets, pay your LIC premium, and make IRCTC bookings. You also have easy access to transaction history and mini statement.


mobile-wallets-indiaJio Money

It is the latest entry in the list of mobile wallets. You get to enjoy cash free living with Jio Money. It is a simple, secure, and convenient way of carrying out your daily transactions on the go. You get to pay in a cash-free way. Jio Money helps you to make your DTH recharges, send and receive money, make everyday payments, manage your finances.

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