Top 10 Paytm Alternatives You Can Use (2017)

Paytm is ane of the largest and the fastest growing internet based services in Republic of india. After the demonetisation, its vigorous push towards its adoption by small-scale and medium size businesses has turned it into the side by side best affair. Now, chances are that most of the shops you visit keep Paytm as a payment choice. Non only that, Paytm now offers a myriad of services on its platform including payments, money transfer, shopping, recharge facilities, bill payments, and motion-picture show, jitney and air tickets amid others. Heck, it fifty-fifty sells digital gold on its platform. Basically, Paytm has become a behemoth which does nearly anything and everything. Still, in its aspirations of growing fast and offering everything, it no longer is the all-time in class at most of the things that information technology does. For every service that information technology offers, there's something out there which does it better, and today we are going to focus on them. And then, hither are the elevation 10 Paytm alternatives that you tin can use today:

Paytm Alternatives

Before we start, I merely want to make one thing clear. As of writing this commodity, at that place is no other service which even comes close to Paytm, if you lot merely take into account the sheer categories of services that it offers. If y'all are looking for a 1 finish solution for everything, yous are improve off with Paytm, as yous don't have whatever other selection. However, as I mentioned earlier, for all the services that Paytm offers, in that location are apps which are meliorate at them. So, if yous are someone who tin can deal with multiple apps to get the best experience and the best deals, this list is especially for you.

Mobile Recharges, Beak And Merchant Payments

1. Mobikwik

If you are looking for a Paytm alternative for recharges and bill payments, Mobikwik is mayhap the closest thing that you will detect. Mobikwik can do a lot of stuff that Paytm does. For example, you can continue coin in its wallet and employ information technology for pecker payments, recharges, and merchant payments. In fact, since its foray into the merchant payments segment, its reach has been increasing steadily. Now, the number of shops who have Mobikwik equally a payment method is rivalling that of Paytm. When it comes to mobile recharges and bill payments, Mobikwik is beating Paytm with its fluid and clean interface and instantaneous transactions.

Apart from the above-mentioned services, Mobikwik now also supports autobus-ticket booking. However, Paytm nevertheless leads this segment as information technology also provides the users with the power to volume air-tickets along with bus tickets. One thing which I like about Mobikwik is that autonomously from partnering with concrete shops, slowly it has been integrating itself with many online service providers besides. For example, services like Swiggy, IRCTC, 1mg, Ebay, and Dominos among others now take Mobikwik's wallet. I accept been a Mobikwik user since the last couple of years and am really loving its new accomplish. The service has never failed me, and I prefer using it over Paytm, wherever I tin.

Platforms:Website (Android, iOS)

ii. FreeCharge

FreeCharge is the service which made online mobile recharges and bill payment pop. It did that past providing a simple and smooth process along with various coupons which could be used at its partner stores to get discounts. When I used FreeCharge for the kickoff time, I instantly fell in love with the service, that is, until it was acquired past Snapdeal for a whopping 400 million United states dollars. Since and then the service has seen a downfall as it strayed away from its initial vision. Initially, FreeCharge was a service where you could go the best deals while paying your bills or conveying out mobile recharges, not anymore. However, one thing that nonetheless remains in FreeCharge's favour is its ease of use.

I have done uncountable transactions on FreeCharge (for mobile recharges and neb payments) and not fifty-fifty a single i of them has failed. Every recharge I made was successful and instantaneous. It likewise keeps the most updated version of the different plans and pricing provided past carriers for every state. If you lot are searching for your perfect plan (prepaid or postpaid), FreeCharge is the identify to await for it. Likewise, FreeCharge has also started supporting merchant payments and although it's not equally widely accepted as Paytm or Mobikwik, the count is slowly but steadily increasing. Yet, for me, that and other additional features don't fifty-fifty thing, as I am happy using it just for mobile recharges and pecker payments.

Platforms: Website (Android, iOS)

Send And Receive Money

1. PhonePe

Although Paytm has evolved to become a payments bank to facilitate the transfer of money between its users, it still lags backside when it comes to adopting the latest mobile payment technology, which is UPI.

UPI or Unified Payment Interface is the initiative of Reserve Banking concern of Republic of india (RBI) and National Payment Corporation of India (NPCI), to bring easy and instantaneous transfer of funds between the users. The all-time thing nearly this method of money transfer is that the money is directly moving betwixt the users' (sender and receiver) banking concern accounts. At that place is no digital wallet in between. Moreover, the users don't have to input the account details of the receiver, they can transfer the money just past using their mobile number which is linked to their bank accounts.

Also, since y'all are not using an e-wallet, there is no restriction on the full corporeality of money you tin can transfer (with Paytm it's INR ane lakh/calendar month). UPI also supports ii-factor authentication which is more secure. So, in nutshell, UPI is better than using east-wallets in almost every regard. Today, if y'all want to ship or receive money, UPI is the best method to exercise so, and PhonePe is the best app that supports UPI. Although nearly all the banks take come out with their own version of UPI app, PhonePe is still the best among all of them. First of all, information technology supports multiple banking company accounts. Secondly, its interface is refined and easy to navigate. Lastly, it too supports mobile recharges and bill payment with lucrative cash back offers. These reasons make PhonePe stand out in the crowd.

While you can utilise the government'southward official BHIM app to check your banking concern balance, ship money, PhonePe brings you way more features. So, if transferring money is your main reason behind using Paytm, PhonePe will serve you 100 times better.

Platforms: Website (Android, iOS)

2. Chillr

Chillr is another UPI based service which allows y'all to send and receive money utilising the Unified Payment Interface. It only works like PhonePe. You tin can send and receive money directly from your banking company accounts without the need of using an e-wallet. Apart from that, information technology as well does all the usual things like mobile recharges and nib payments. The hotel, flight and bus ticket booking services are coming soon. Chillr has included one unique feature which allows friends to split a bill betwixt themselves. If you are someone who e'er goes out for dining in a grouping of friends, you lot will dearest this feature. Basically, the guy who paid can split the bill inside Chillr and information technology volition send pending payment notification to all the friends. Friends tin can pay him back by authorizing the transaction with their UPI Pivot. It is a small and yet a nifty feature to take.

Platforms: Website (Android, iOS)

Mobile Wallets

i. Oxygen Wallet

Oxygen Wallet is simply a normal e-wallet application which works and behaves just similar Paytm. However, along with allowing y'all to ship and receive money through its wallet services, information technology also allows you to direct make depository financial institution transfers by either using MMID or business relationship number and IFSC code of the receiving party. I cracking thing that I actually like about Oxygen wallet is that information technology allows you to create prepaid VISA Debit cards. Information technology does that by partnering with RBL bank. The prepaid VISA card that you create will behave exactly like a normal VISA debit carte du jour for all intents and purposes. Creating a prepaid VISA carte du jour comes with two main benefits. Firstly, since you are using a virtual menu, your original information is non shared with any merchant site, keeping y'all safe from whatever potential attacks. Secondly, since the card is prepaid, even if it is compromised, the only corporeality y'all will lose is that you have created the card with.

Oxygen is also a payment gateway accepted by almost all online merchants in India. This has allowed Oxygen to tie upwardly with these merchant sites and provide you lot with actress benefits. The service also lets you create souvenir cards for numerous merchants including Amazon, Westside, BookMyShow, KFC, and Cleartrip among others. And so, side by side time if you don't know what to gift your loved ones, you tin just send a gift carte and they can buy annihilation they want. If you are looking for an e-wallet application, Oxygen is the best one out there. I really dearest the ability to create virtual VISA Cards and Gift Cards. At the end of the twenty-four hours, I would prefer Oxygen wallet over Paytm all the time.

Platforms: Website (Android, iOS)

2. ItzCash

ItzCash is a elementary e-wallet application which has all the basic functions of an e-wallet. You can recharge your wallet and use it to carry out mobile recharges and pecker payments. You tin receive and send coin in your wallet. It supports various types of nib payment services including DTH, gas, water, and electricity among others. If you are looking for a bones wallet application which gets the job washed, this one is for yous. There are no frills and whistles here. It is a simple east-wallet awarding which is fast and reliable. Paytm wallet has become a very complex product and if you wanted to become back to its simpler days, ItzCash is your best bet to do that.

Platforms: Website (Android, iOS)

Online Shopping

1. Amazon

Paytm incorporated an due east-commerce platform in the form of Paytm Mall. Since its starting time, the service has evolved quite a lot and now has a vast production selection. However, it's even so way behind when compared to the leading e-commerce services similar Amazon. Amazon has a lot of advantages over Paytm. Firstly, Amazon's production choice is way more than that of Paytm. Secondly, the services provided by Amazon (whether it exist commitment or grievance handling) are a mile ahead of Paytm. All these features are enhanced if you lot are a prime fellow member. At just INR 500/year, you become free one twenty-four hour period and two-day commitment along with access to their Prime video services which has a big collection of movies and Television receiver serial for y'all to enjoy.

Recently Amazon has also launched its ain eastward-wallet service chosen the Amazon Pay Balance. Although right now it'southward in its nascent stage, there'south no uncertainty it volition evolve into a great production. Amazon Pay is one of the best payment gateways used across the globe. Integrating it with its wallet service in India will be not a great hurdle for Amazon. Even if Amazon has not launched its e-wallet service, information technology's e-commerce service lonely beats the Paytm Mall easily down. One time y'all factor in the Prime number Video service of Amazon, it becomes a deal that yous cannot refuse. If yous are looking to shop online, Amazon is one of the best Paytm alternatives out at that place.

Platforms: Website (Android, iOS)

two. Flipkart

Flipkart is India'southward start e-commerce platform and it'due south however live and kicking. While virtually of the homegrown e-commerce platform has been fighting merely to survive, Flipkart has emerged equally a winner. Flipkart's production selection and service quality are rivaled only by Amazon. Anything you want to buy, you will become it here. Like Amazon's Prime number service, Flipkart has also launched its own F-Assured service which promises quality products with faster delivery. Flipkart is currently the market leader in India, with a 57% market place share when it comes to online purchases.

Flipkart also owns Myntra and Jabong, the two biggest fashion east-commerce market in Republic of india. When it comes to mode, Flipkart has the market say-so hands down. As a rule of thumb, I adopt buying electronics on Amazon and clothing and accessories on Myntra, considering they are the best places to do that. Paytm has a lot to do if information technology wants to compete with these behemoths of e-commerce in Republic of india.

Platforms: Website (Android, iOS)

Travel

1. MakeMyTrip

Equally you know, recently Paytm has also included services which allow y'all to book flights and passenger vehicle tickets on its platforms. However, when information technology comes to travel planning and ticket booking, MakeMyTrip is the king. You tin book flights, hotels, and double-decker tickets among other things. They have tied up with various hotel providers across Republic of india to give the best experience to its users. Non only that, now y'all can even plan a vacation and buy packages which volition take intendance of all your flights and hotel ticketing needs in one go.

Their latest offer is intercity cabs services. At present, you can book cabs for all your intercity travel needs at really cheap prices. This is a good news for anyone looking for a weekend getaway. Basically, whether you are planning a visit, a holiday, or a weekend getaway, MakeMyTrip can help you do all that. Their pricing is one of the all-time in the market place and their partners are also really good. This is ane of the all-time Paytm alternatives for all your travel needs.

Platforms: Website (Android, iOS)

2. Goibibo

Goibibo was the biggest competitor to MakeMyTrip that is until it was acquired by the later. Still, all the features which made Goibibo stand up out are nonetheless hither as it is still running every bit a split up entity. The biggest reason behind using Goibibo over MakeMyTrip is its cash-back feature. Merely similar Paytm, you earn cash-dorsum on every flight and hotel booking. This cash-back lives in your business relationship every bit GoCash and can exist used for any hereafter bookings. The cash-back offers vary from fourth dimension to time and sometimes you can get unbelievable deals here. Goibibo offers i of the everyman pricing for flights and motorcoach tickets in the marketplace. You should ever cheque this one out before you lot brand a booking.

Platforms: Website (Android, iOS)

SEE Too: How to Setup UPI Payments in Uber (Guide)

The Best Paytm Alternatives Out There

As I mentioned at the offset of this article, if you are looking for a jack of all trades app, Paytm is your only option. All the same, well-nigh of the time, a jack of all trade is not the best at any one of its trades, which is the case with Paytm too. If you don't want to settle for annihilation beneath the all-time in class, y'all volition have to use multiple services which are the all-time in their ain niche. We have covered all the best Paytm alternatives for the unlike services offered by it. What will y'all prefer? Do you like a service similar Paytm which offers everything, or, do yous prefer services which practice just one thing, but are best in their corresponding fields? Let us know your thoughts in the annotate section below.

Source: https://beebom.com/paytm-alternatives/

Posted by: zepedaandeight.blogspot.com

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