Paytm is a giant company in the Indian market. Money laundering has multiplied its use. The serious motivation gained by the use of Paytm in small and medium enterprises cannot be underestimated. Paytm has an identity in every place, from a dealer to an international grocery store.
However, its use is not limited to payments and further expanded its network to include many services such as mobile recharge, metro card recharge, transport ticket booking, movie tickets. You can get a debit card and buy digital gold.
But, we should note here that Paytm is always trying to be the jack of all trades. There is always a better alternative that you can easily switch to the services provided by Paytm.
The best 10 apps similar to Paytm
Let’s look at applications like Paytm in India.
If you are looking for a better alternative to Paytm for your recharge and bill payment needs, Mobikwik can solve your problem. Mobikwik is capable of performing many of the functions you use with Paytm. You can save money in your Mobikwik wallet and use this money for recharge payments and your bills.
If you are looking for Paytm alternatives for recharge, free payment is here. An application that led to online recharges for mobile recharges and bill payments. The clean interface and the various discounts offered by Freecharge were huge successes in no time.
PhonePe was one of the first applications to use the UPI or Unified Payments Interface and can be considered the best Paytm alternative for sending and receiving money. UPI technology was initiated by the Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI). What makes this technology attractive is that it allows you to make transactions at lightning speed. The money will be transferred directly from the sender’s account to the recipient without any interruption. This is helpful in many ways.
Google Tez or Pay
Google has entered every aspect of our lives. Tez is another example of this. Although it uses UPI, there is not much difference between the functions offered by Tez and Paytm, but one feature stands out.
This allows you to have a simultaneous conversation during transactions. Trust me, this increases the security of your transactions many times over.
On the face of it, there is nothing that sets Oxygen apart from other e-wallet applications. This is the best e-wallet alternative for Paytm. However, when you look closely, you will understand that this is more than just a copy of Paytm.
This may not limit to the transaction features of other e-wallets. It also allows you to transfer money to the recipient’s bank account either through MMID or by entering the IFSC and bank account number. Its partnership with RBL Bank will enable you to create a prepaid VISA debit card.
The USP of this app has its clean interface and the simple approach to Paytm is the bill payment alternative. It has all the basic features of the major e-wallets in the market. Also, It allows you to recharge and send and receive money in your wallet.
It supports various types of bill payments such as DTH, gas, water, electricity. How simple it is and no luxuries or whistles. If this is the basic application you are looking for, go with this option. This is a much-needed sigh of relief from the complex world of Paytm.
Creating an account in this application is one of the easiest things to do. It supports 13 languages, so no citizen will have trouble using this app. After installing this processor, you can send money to anyone on your contact list. Its operations further expand, including booking air tickets, paying outstanding bills, booking hotels, and booking seats in theaters.
Introduced by ICICI Bank, this feature-packed processor is even more helpful to TATA Sky customers. You can get cashback by recharging through these apps. It is very easy to use and you just need to scan the QR code.
The Paytm Mall affiliated with Paytm has undergone many evolutions. Discounts may offer as sales of different types of products increase. However, it lags far behind other e-commerce companies in this arena. One of them is Amazon which is the best alternative to Paytm for buying goods online.
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