PayTM vs Mobikwik vs Freecharge – Which is the Best & Why?
India is now turning into cashless days. At present, many people rely on mobile portfolios to make daily purchases and other financial transactions.
Mobile wallets in India easily make their way into the life of a common man due to its hassle-free use and its replacement by credit and debit cards. It allows you to make purchases without intrusion into business.
However, using digital portfolios in India will make your life much easier. Simply open the request and enter the amount. Confirm the amount and you are done. Look at how easy it is and saves time. You do not need to remember the details and grasp them.
PayTm vs Mobikwik vs FreeCharge which One is Better?
This is the name that even a child knows. This mobile portfolio in India has gained popularity during demonetisation.
This is the most widely used portfolio with the user base of over 200 million. It recorded the record of 1 billion transactions in 2016. Not only that, Paytm has 2 million merchants registered on its platform.
Paytm offers you the virtual market where you can buy without leaving your home and pay immediately after buying the product or service. In addition, this is a preferred payment method in most applications such as bookmyshow, Uber, Foodpanda, etc.
This application provides one of the best user interfaces but lacks many other important features.
The main delayed feature in this application is the inability to plan transactions and transfer money to the back account.
The main benefit of using the MobiKwik application is transaction fee 0 for the bank transaction. You can use the mobikwik to recharge your mobile phone and even to pay bills. You can even use it to pay through various platforms, such as BookMyShow, Dominos, eBay and many others.
This mobile wallet allows you to recharge your mobile phone, electricity bills, DTH, datacard and meter recharge. You can recharge the wallet using a debit or credit card.
If you want to net banking can also be used for recharging. You are provided with the facility to manage your freecharge account using the application or through the website
After being acquired by SnapDeal in April 2015, freecharge launched the digital wallet to make it easier for its users and make their life easy. The portfolio was launched in September 2015 to provide the transaction through FreeCharge and SnapDeal.