Most Reliable Payment Applications in India in 2021

Although a lot of applications offer the option of online payment and transactions, not all are suitable for each one of us. India saw a record 25.5 billion online transactions and payments being made in the year 2020; this is much ahead of China’s 15.5 billion. It looks like PM Narendra Modi’s Digital India mission is on its way to success. With UPI making payments seamless, mobile wallets and digital payment apps have been surpassing credit card usage and are slowly beginning to replace the traditional methods.

In this list, we discuss the most reliable payment apps in India in 2021.

1. PayTM


Paytm is India’s leading financial services company that offers full-stack payments & financial solutions to consumers, offline merchants, and online platforms. The company is on a mission to bring half a billion Indians into the mainstream economy through payments, commerce, banking, investments, and financial services. One97 Communications Limited that owns the brand is founded by Vijay Shekhar Sharma and is headquartered in Noida, Uttar Pradesh.

Its investors include Softbank, Ant Financial, AGH Holdings, SAIF Partners, Berkshire Hathaway, T Rowe Price, and Discovery Capital. Apart from making e-commerce transactions, this e-wallet app can also be used to transfer money, and avail services from merchants from the travel, entertainment, and retail industry. They also have UPI-enabled payment now.

2. Google Pay

How to use Google Pay in India: a complete guide | TechRadar

Google Pay is the simplest way to send money home to your family, recharge your mobile, or pay the neighbourhood chaiwala. Sending or receiving money with zero fees, straight from users’ bank account to almost anyone. Users can send or receive money even if their contact is not on Google Pay. Users can recharge their mobile in a tap and finish with those monthly bills on Google Pay.

They’ve got their users covered with easy access to past transactions so that they are always in control. It comes with top-notch security that Google likewise offers in its other applications, so the user doesn’t have to worry about his/ her money being unsafe. Google pay can be used wherever we see a UPI QR code or a Google pay tag.

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3. Freecharge


FreeCharge, a wholly-owned subsidiary of Axis Bank Limited, used to be India’s No.1 payments app. Customers across the country use FreeCharge to make prepaid, postpaid, DTH, metro recharge, and utility bill payments for numerous service providers. They launched their e-wallet in September 2015 and customers have been using it to pay across all major online platforms and offline stores.

The mission is to get millions of merchants both in organized and unorganized sectors to be a part of the digital payments ecosystem. Freecharge’s Chat-n-Pay service is all about social payments. It is an engaging and secure way for the users to seamlessly Chat-n-Pay to friends, family, and merchants in less than 5 seconds. It also enables merchants, small or large to accept digital transactions in less than 1 minute after registering on the FreeCharge App.

4. PhonePe

How to Recharge Mobile From PhonePe App Through UPI | NDTV Gadgets 360

Next on the list of top online payments apps in India is PhonePe. PhonePe started in 2015 and in just 4 years it has been able to cross the 100 million download mark. From UPI payments to recharges, money transfers to pay online bills, you can do it all on PhonePe. It’s got a very good user interface and is one of the safest and fastest online payments experiences in India.

You get many benefits like doing transactions directly from your bank account, for which only the mobile number is required. PhonePe users can also automate payment of bills and explore nearby services and outlets for Food, Healthcare, and other utilities. It allows the linking of multiple bank accounts to make UPI transactions.

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5. Amazon Pay

Amazon Pay Claims 5 Mn SMB Sign-Ups, Plans Expansion

Amazon Pay is a service that allows users to use the methods already associated with their Amazon account to make payments for goods, services, and donations on third-party websites, in apps, and using Alexa. Users can use any of the payment methods on file in their Amazon account.

Using Amazon Pay adds no fees to the transaction with the merchant. The purchase incurs no transaction fee, no membership fee, no currency conversion fee, no foreign transaction fee, and no other fees. It offers multiple transaction options such as Gift cards, Amazon Pay Balance, Credit Cards, etc., and gives back cashback and coupons for discounts on each transaction.

6. JioMoney

Easy Cashess Solution - JioMoney - YouTube

JioMoney is a safe and secure way to make digital payments across physical and online channels. Users can make instant bill payments, do mobile/DTH recharges, pay at thousands of online & physical stores, and much more. Users can also link their cards and bank accounts with JioMoney.

JioMoney allows the registered user to perform secure cash-free transactions anytime from anywhere, securely store all the credit/ debit cards and bank accounts for convenient and faster transactions, and transfer funds to other JioMoney users and directly to others’ bank accounts.

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