UPI, expanded as the Unified Payments Interface, is growing in popularity and is becoming one of the most popular digital transaction methods in India. Users can access this feature through a variety of apps, and as many banks have partnerships with UPI, clients can also use this platform through banking apps. UPI is available in a lot of the market's chat services and mobile wallets.
If you are an extensive user of online payment applications, then you must have come across the UPI system. The emphasized cashless economy further expands the reach of UPI payments. In this case, some of the best UPI apps are more relevant than ever.
What are UPIs?
UPI stands for Unified Payments Interface. UPI payments have seen considerable growth and today the mobile app stores in India are filled with new and innovative UPI apps.
UPI is an instant real-time payment system developed by NPCI, which stands for National Payments Corporation of India, to facilitate interbank transactions by transferring funds between two banks instantly on mobile or web platforms. Thanks to this UPI payment advancement, it is now possible to send money instantly to anyone across the country.
One-click check account balance, scan QR code payment, add UnionPay card account, and other functions.
The Best UPI Payment Apps In India
- PhonePe:
PhonePe, one of the widely used UPI apps in the country, is available in 11 Indian languages for the convenience of people from different regions. A UPI app performs all the tasks of a normal UPI app, with additional benefits. PhonePe comes with its own wallet that can be used to top up instant payments from the app.
It also offers different offers, rewards, and cashback to its customers. It has the easiest interface and the fastest and safest online payment experience in India.
Read also: Cost of PhonePe app development
- Google Pay:
Google Pay is also known as Tez app which is the best and biggest app in the list of best UPI apps in India. In a short amount of time, the app in India has garnered a sizable customer base. Additionally, both new and old users have come to trust the app because to the “Google” brand. The fact that this programme supports various Indian languages, including Telugu, Tamil, Marathi, Kannada, Gujarati, Bengali, and Hindi, sets it apart from others.
The most amusing feature of Google Pay is “scratch cards”. Google Pay offers “scratch cards” as prizes to users who use gift cards for new transactions. Users can scratch the card for a cash gift that will be credited to their designated bank account.
- BHIM app:
Launched by the National Payments Corporation of India to facilitate a cashless economy, the BHIM app is currently a very useful app. Twenty different languages are supported by the app, making it more user-friendly for users from various geographic locations and expanding the use of UPI in isolated areas.
The National Payments Corporation of India (NPCI) is the company behind the BHIM (Bharat Interface for Money) mobile app.
The simplicity of this program is well-known. Additionally, a very safe interface is provided. The payment interface is well-known for its excellent user experience and contains all the necessary functionalities.
- Paytm:
Paytm provides Paytm Wallet, Paytm UPI (debuting in 2017), Paytm Mall, and other services. This application is referred to as a mega store because it provides more goods and services.
Gaining retailers' trust in online purchases has been facilitated by PayTM. This is fairly obvious considering that Paytm has come to represent online purchases for small companies including neighborhood groceries, clothes boutiques, hardware stores, and more. Online transactions are enhanced by the three layers of security that cover payments. The number of UPI users on the network would rise by 15% in 2022 alone.
We can do everything in this app like online payment for buying household items, IRCTC train ticket booking, paying LIc premium, booking movie tickets, groceries, buying gold, booking bus and air tickets, paying e challans, paying loans, Metro card recharge, and so on.
Read more: Cost to Develop a Mobile Wallet App like Paytm
- Amazon Pay:
Amazon Pay is the fourth largest app used to make UPI transactions as of November 2020, and the “Amazon” brand has helped Amazon Pay achieve the fastest growth in a short period of time.
Amazon Pay has become a stressful UPI payer and is integrated with most shipping and payment gateways with awesome cashback rewards.
Read also: Amazobpay app development cost
- Axis payment:
Axis Pay is regarded as one of the top UPI apps in the nation due to how simple it is to send money to recipients without providing various account data. A VPA or virtual payment address can be added to the application to help execute online transactions instantly. Even if you don't have an account with Axis Bank, you can continue to use their UPI services by adding bank accounts from different service providers.
- Mobikwik:
The Indian payment network has also joined the UPI interface. All Mobikwik customers can use UPI to top up their wallets. They already offer various services such as funds transfers using debit/credit cards, online banking, cash withdrawals and cash deposits. Various e-commerce merchants are linked with e-wallet service providers.
- Paytm Payment Bank:
The Unified Payments Interface (UPI) mechanism is currently one of the features of Paytm Payments Bank. The capability will shortly be made available to all account holders after being tested and any faults fixed. In the upcoming weeks, the functionality is probably going to be released. Customers will be able to quickly transfer money using UPI ID to any merchant or account holder at the push of a button thanks to Paytm Payments Bank UPI. The paying bank is offering an interest rate of about 4%.
- iMobile:
Through ICICI Bank's iMobile and Pockets applications, the UPI interface can be used. You must select the UPI method under “Funds Transfer” in order to send money using this app.
- SBI payments:
This software was created specifically to comply with UPI specifications by the State Bank of India (SBI). The key benefit of this software is that it allows users to send and receive money through VPA even if they do not have an SBI account. After installing the app, joining up for the service is quite easy and the app is really simple to use.
Conclusion:
Hope you all know the best UPI app in India. UPI app saves us time and makes payment easier and more convenient. Once you know about these apps, you can pay for everything with your favorite and safe apps.
Author Bio:
Hello everyone, I'm Gangadhar Chemudu. I’m a passionate content writer and SEO Executive working in FuGenX Technologies. FuGenX is a Mobile app development company in Bangalore, the USA, and the UAE. I am curious about the latest technological developments. For topics related to mobile app development, IoT, Artificial Intelligence, machine learning, IOS, and technology, contact me on LinkedIn.
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