Checklist of 5 Greatest UPI Apps in India in 2021: With the return of PM Modi 2.0 in 2019, digital India has continued to make new progress. UPI funds have performed a giant function on this motion. Furthermore, the nationwide lockdown as a consequence of COVID-19 in 2020, led to an enormous improve within the variety of individuals choosing on-line monetary funds. On this time interval, the worth of UPI transactions soared by 105 % in 2020. On this article, we’ll talk about one of the best UPI Apps in India for straightforward and quick transactions. However, earlier than we begin, let’s first perceive what precisely is a UPI?
UPI means Unified Funds Interface. UPI funds have taken a considerable march forward and these days, the cellular app retailer is flooded with new and revolutionary UPI apps in India. Briefing about UPI, it’s an on the spot real-time fee system developed by NPCI which stands for Nationwide Funds Company of India which helps in inter-bank transactions by immediately transferring funds between two financial institution accounts on a cellular or internet platform. Due to this development in UPI funds, cash can now be despatched to anybody throughout the nation inside no time.
Anyhow, not all apps listed on the play retailer are equally good for making UPI funds. Many instances, the interface of a few of these UPI apps in India could also be laborious to know initially. Due to this fact, on this publish, we now have handpicked one of the best UPI apps in India which are best to make use of and undoubtedly value testing.
Greatest 5 UPI apps in India:
1. PhonePe – UPI Funds, Recharges & Cash Switch
PhonePe stands first in our record of finest UPI apps in India. It’s a revolutionary app that made the Indian inhabitants begin trusting and furthermore making on-line cellular funds. PhonePe not solely helps in making UPI funds however customers also can recharge, make on-line invoice funds, order meals, store, and so forth. all in only one app. As of November 2020, Phonepe has 868.40 million transactions in quantity with Rs 1,75,453.85 Cr in transaction worth.
PhonePe additionally offers numerous presents, rewards, and cashback to its prospects. Having one of many easiest interfaces with the most secure and quickest on-line fee expertise in India, PhonePe is certainly higher than a lot of the different UPI fee apps or web banking providers.
Google Play Retailer Ranking: 4.4/5 with a complete of 59,37,360 critiques
2. Google Pay (Tez) – A easy and safe fee app
Google Pay, previously referred to as Tez App, stands the largest and finest app in our record of finest UPI apps in India. This app has collected an enormous buyer base in India inside a small time-frame. And clearly, having a giant model identify of ‘Google’ has helped this app to construct belief among the many new and current prospects.
As of November 2020, Google pay has 960.02 million transactions in quantity with Rs 1,61,418.19 Cr in transaction worth. Utilizing Google Pay, customers can ship cash to mates, pay their payments, store on-line, recharge, or pay on the close by café, and so forth. by safe fee by Google.
One other most pleasant a part of utilizing Google Pay is the “Scratch playing cards”. Each time the customers make a brand new transaction, they’re awarded a present card within the type of a scratch card. After scratching the cardboard, customers can earn a present within the type of cash which straight will get credited into the registered checking account. Anyhow, you received’t earn a Scratch card on each transaction as there are a minimal worth and variety of transactions predefined by the app. Nonetheless, should you’re fortunate, chances are you’ll get a reward of as much as Rs 1 lakh.
Google Play Store Rating: 4.0/5 with a complete of 10,27,883 critiques
3. Paytm – BHIM UPI, Cash Switch & Cellular Recharge
Paytm is a fairly well-known cellular fee app in India. Together with Paytm Mall, it additionally presents Paytm Pockets and Paytm UPI (which was launched within the yr 2017). In easy phrases, we will name it a mega retailer because of the number of services and products offered by this app.
Paytm customers can carry out virtually every exercise associated to on-line funds on its app. And that’s why it’s definitely probably the most used fee app and is third in our record of finest UPI apps in India. As of November 2020, Paytm has 260.09 million transactions in quantity with Rs 28,986.93 Cr in transaction worth.
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From making on-line Funds to purchasing home goods, groceries, IRCTC practice ticket reserving, bus & flight reserving, film tickets, LIC premium fee, metro card recharge, shopping for gold, making mortgage funds, paying e-challans & extra, every little thing could be achieved on this app.
Google Play Retailer Ranking: 4.4/5 with a complete of 81,92,973 critiques
Additionally Learn : 7 Best Mutual Fund Apps for Direct Investment
4. Amazon Pay
As of November 2020, Amazon pay is the fourth greatest app used for making UPI transactions. Amazon pay acquired 37.15 million transactions in quantity with Rs 3,624.51 Cr in transaction worth on this month.
Having the large model of Amazon undoubtedly helped Amazon Pay to scale at such a quick tempo in India inside a small time-frame. Furthermore, having built-in with most procuring and fee gateways, together with superior cashback rewards, Amazon pay has grow to be the darling of the UPI payers currently.
5. BHIM App
BHIM app is the fifth hottest UPI apps in India. It’s launched and managed by Nationwide Funds Company of India (NPCI), BHIM (Bharat Interface for Cash) is a UPI enabled the initiative to facilitate protected, simple & on the spot digital funds by your cell phone.
As of November 2020, BHIM App has 0.31 million transactions in quantity with Rs 13.87 Cr in transaction worth.
Google Play Retailer Ranking: 4.2/5 with a complete of 8,26,155 critiques
Bonus: A number of further UPI apps in India
Freecharge is one other on-line fee cellular app in India that gives options like Cellular Recharges, invoice funds, sending or receiving cash by UPI– after creating BHIM UPI ID & linking the checking account. Furthermore, due to its easy interface, every little thing appears fairly simple for making UPI funds.
Apart from, the Freecharge app additionally offers the ability to spend money on Mutual Funds, making investments with SIPs, reserving film tickets, shopping for meals, procuring, buying journey tickets, and so forth, and that too with a further cashback and reductions.
Google Play Retailer Ranking: 4.0/5 with a complete of 1,159,488 critiques
Additionally Learn: 7 Best Stock Market Apps that Makes Stock Research 10x Easier
5. PayZapp – Recharge, Pay Payments & Store
HDFC Financial institution PayZapp is the fifth app in our record of finest UPI fee apps in India. It’s a full fee answer supplying you with the facility to pay in simply One Click on.
PayZapp is used to make on-line Recharge, Invoice Funds, BharatQR Funds, reserving journey tickets, Procuring, acquiring film tickets, purchase groceries, and extra. It helps fee by mVisa QR, MasterPass QR, and Rupay QR and is obtainable to prospects of all banks. General, PayZapp is a handy, quick, and safe UPI funds apps in India and undoubtedly value testing.
Google Play Retailer Ranking: 3.9/5 – with a complete of 383,392 critiques
Different Notable UPI Apps in India
Listed below are a couple of different notable UPI apps in India that you would be able to checkout:
MobiKwik – Recharge, Invoice Cost, Instantaneous Mortgage, UPI, Insurance coverage
Google Play Retailer Ranking: 4.2
With a complete of 1,439,427 critiques
BHIM SBI Pay: UPI, Recharges, Invoice Funds, Meals
Google Play Retailer Ranking: 4.2
With a complete of three,69,819 critiques
Kotak – 811 & Cellular Banking
Google Play Retailer Ranking: 4.4
With a complete of 4,58,209 critiques
Pockets ICICI -UPI, Pockets, Bharat QR
Google Play Retailer Ranking: 4.1
With a complete of 1,47,135 critiques
- Whatsapp Pay
That’s all for this publish. Tell us which one is your favourite UPI fee app in India within the remark part under. Have an amazing day. Cheers!