Online shopping business is reaching new heights every day because of multiple benefits attached with this platform. You can save a lot of your precious time, efforts and your hard-earned money using this medium for your shopping. To ease your online buying experience further and to provide you additional monetary benefits, ewallets or mobile wallets are there at your service.
An e-wallet or a mobile wallet is a virtual wallet where you can store your cash to pay your bills. In India, this payment option is very rapidly gaining popularity and replacing other traditional payment methods and credit cards. In some previous years, many new startups came in the market to offer online payment services. These mobile wallets offer flat discounts and exciting cashback for your e shopping on various online merchants. Some of these e-wallets have become hugely popular among shoppers, discussed below in detail.
A fast growing e-money service provider, Mobikwik let you add money through different options such as credit card, debit card and internet banking. It is used as a payment options on more than 50000 online and offline retailers. It has collaborated with merchants like Café Coffee Day, Bookmyshow, PVR, eBay, Snapdeal, Jabong, Shopclues, Pepperfry, Pizza Hut, Makemytrip and many others. Safe and secure payment system and plenty of daily discounts and offers make Mobikwik a good payment option.
Founded in 2004, Oxigenwallet is a renowned brand among payment solution providers in India. It helps in around 35 lakhs transactions each month across 130000+ merchants. Every transaction is safe and secure on its platform as it uses an OTP (one time password) to complete a transaction always. You can use Oxigenwallet for instant money transfer, recharges, and utility bills. You can also get additional discounts and cashbacks and can earn reward points while using Oxigenwallet for your purchases.
Started with mobile recharges in 2010, PayTM is now one of the leading e commerce marketplaces in the industry. Over 100 million users have registered on it in a very short period. PayTM wallet is used to get services in different categories such as entertainment, fashion, travel, food, electronics, recharges and bill payments by users. It assures you to offer best coupons, discounts, money backs and reward points on making payments through it. It is accepted on various e-merchants making more than 60 million transactions monthly.
PayUMoney is one of the growing payment solution provider and e wallet in India. You can store cash in this wallet for using it to pay your bills, online shopping, booking tickets later. Its wallet is accepted on more than 4000 retailers such as Zomato, Bookmyshow, Travelyaari, Snapdeal, Tradus, Goibibo, Yepme, Lenskart and Jabong. Some features of its services are:
- Safe and secure transaction
- Extra rewards on each payment
- Instant refunds
- One touch payment system
So these are some top e wallets help you recharge your mobile, pay your bills with providing you additional discount offers and coupons by making your transactions cashless.