Best 10 Apps for Making Local Indian online Payments in 2024
From an analysis, it is clear that an average person is spending about four hours on their cell phones. In that, they are spending 95% time on the apps installed on the phone. During this pandemic situation, people are struggling to exchange things in cash, and some digital payment methods come into place. There are Famous Online payment apps available in the market. Each app has distinct features and award options to attract customers. Some of the Best Local Indian Online Payment Apps.
Best Local Indian Online Payment Apps in 2024
1. Google Pay
Google launched in 2018 by replacing its existing apps like Google Wallet and Android play in the market. This app is used for the payment of goods and services. Anyone with a Google account can use this app. Transferring the card to the card for the account linking process takes time of 24 hours to even five days. If we use the mobile number of the account linking process, it is done instantly. Also, there are no transaction fees and it offers rewards for every payment in terms of money and coupon codes. It is placed #1 even though there are many apps to send money in the financial sector.
2. PayPal
PayPal is compatible with both android and ios mobile users. There is no limit that has been set to the verified account. But, there is a limit of sending only $10,000 per transaction per day. It has introduced the pay later installment scheme and it is called Pay in 4. We can access this mode through millions of stores around the globe and make 4 installments without any kind of interest. Cryptocurrency is also available on PayPal and it starts from $1. It is the best Indian Local money sending app in the market.
3. Apple Cash
Apple Cash is designed for ios mobile users and you can send and receive money through this messaging app. Users can fund a payment by using a credit or debit card. To initiate the transaction, we need to open the app and select the concerned person or contact on our mobile phone. Then, we need to tap the payment option at the bottom of the app and choose the amount to be sent. This app has restricted the users to use up to three transactions per day. It is free to use except for the instant transfer option. The instant transfer option would charge 1% as a commission fee.
4. Send Cash App
Send Cash App is also known as a square which is considered the No. 1 app in the App Store for the financial industries. After the successful login, the app will assign a $ hashtag and it is the profile name for the user. Users can check other persons by using their mobile numbers or email addresses. We need to add a bank account or credit card to send or receive money through this app. There is no fee charged for the transaction. However, it would cost a 3% transaction fee if we pay through a credit card. It would take one to three days to process the transaction. There is also an instant transfer option and it would charge 1.5% as a commission fee. Even though there are many money transfer apps for android, Cash App has made a remarkable note.
5. Venmo
The Venmo app is also owned by PayPal. It ranks #3 in the finance app and it operates only in the United States. It is free of charge when we transfer or receive the amount through a bank account and debit card. It would charge 3% for the credit card fund transfer. With regards to the transaction time, the bank accounts would be one to three days. The instant transfer would charge a 1% transaction fee and it would complete in 30 minutes.
6. Zelle
Zelle app is owned by 10 US financial institutions and it is included as the merchant for Bank of America, JP Morgan, and Capital One banks. In this way, we can transfer the funds between these accounts instantly and for free. It does not require any information to set up the account and we need to just enter the email address or phone number to process the request. The transaction would take place instantly and all information related to the account and connections are kept private.
7. Xoom
Xoom app is also developed by PayPal and it is used to send money instantly to many countries. It is compatible with both ios and android mobile phones. The limitation of the transaction is $25,000 per transaction. However, the initial limit for users will be $2999 in 24 hours, $6000 in a month, and $9999 for six months. Also, users can increase the limit on requests through customer service.
8. Circle Pay
Circle Pay allows users to send or receive money from other countries and also in foreign currencies. The payments limit has been set as $400 per seven days and it can be increased to $3000 for the seven days as per the request from the user end. It does not charge any additional fees but the banks would charge based on the amount that transfers through it. The payment gateways are automated in such a way to get instant payment all over the world. They have an API to send mash payouts to other accounts and this can be done through USDC and bank wires. It is better than the option to send money via western union.
9. Samsung Pay
Samsung has launched the Samsung app and this is compatible with Samsung mobile users. There are no payment limits set to this app and any account as well. It does not charge for the transaction. It offers payback, cashback, and rewards for the purchase for the day.
10. Facebook Pay
Facebook Pay is compatible with both iOS and Android mobile users. It is available in the selected countries. Users can pay the shop on the marketplace like other mobile payments apps available in the market. At the same time, users can donate money to the fundraisers and access the entertainment zones. It works through the same mobile app used for messenger. We need to add the payment gateway to send or receive the payments through this app.
