8 Amazing PayTm Alternatives Apps To Try in 2018

Paytm has grown to be a giant in the internet based services in India. Even before demonetization started; Paytm was famous and was growing at a fast pace. However, after demonetization, Paytm and other wallets have become bigger and serving millions of people all across the country. Now everyone from auto drivers to vegetable vendors to big malls accept Paytm as a legitimate mode of payment. Other Paytm Alternatives App are also making an impression on the users.

In the context of digitization of the economy

India is slowly turning towards a digital economy, the country has millions of mobile users and around 200 million internet users and this number is going up fairly rapidly. So, it was natural for digital payment platforms to succeed in the market, and Paytm is doing exactly that. Now you can do almost all kinds of payments using Paytm and Paytm Alternatives App. You talk about recharging your mobile or recharging your DTH or paying any bill or even sending money to someone quickly; you can do all of these things with Paytm. You can even book bus, train, airplane tickets and also tickets for movies, shows or events.

Some downsides of Paytm

But there are minor hiccups that are part and parcel of Paytm. As they started doing digital business on such a large scale there are sometimes glitches that occur when you are trading via Paytm. Recharges fail, money transfers don't succeed and so on. Also, the charges for transferring money from the Paytm wallet to your bank account are pretty steep.

Alternatives to Paytm that you can try

If you have faced issues in Paytm and are wondering about picking and alternative then there is some good news for you. There are some apps which do much better than Paytm, but because they don't advertise as much as Paytm does, you might not have heard about them. So, if you want to switch to another Fast Recharge App or a wallet, here are some of the good ones that you can try:

• Jio Money Wallet: After giving other cellular network providers a run for their money, now Jio is also stepping into the market of mobile wallets. It has already given free recharge of Rs. 50 to first time rechargers and that has made the company an attractive choice to many customers. It is already making its presence felt in the niche of easy money transfer, utility bill payments and mobile recharge as well as DTH recharge.
  

• Freecharge: Freecharge is another name that was started by Kunal Shah and Sandeep Tandon. It is very responsible company and people trust it. If you are thinking of an alternative for Paytm, you should consider Freecharge. Through Freecharge you can recharge your mobile or recharge your DTH. You can also pay your postpaid mobile bills through Freecharge Wallet.
  

• PayUMoney: PayUMoney is relatively new;it helps you pay to over 65,000 websites that are using PayUMoney. Also, it allows you to pay via your credit card, debit card; net banking etc smoothly or you can use PayUmoney Wallet to do the transaction. If once in a blue moon you face any issues with this platform, then the ever active support team of PayUMoney will do their utmost to solve your problem as soon as possible. Also, PayUmoney offers guaranteed rewards as points on every purchase and the rewards are awarded on the Wallet.
  

• MobiKwik: With their own payment gateway Zaakpay, this e-wallet has more than 17 million customers on online and offline platforms. This wallet serves more than 50,000 merchants. Mobikwik also has a unique feature but it's not available across India. This feature is the pickup option. If the customer doesn't want to put their debit card, credit card, etc online, they can use this option. If this option becomes available throughout India, MobiKwik will occupy a large space in the market for sure.
  

• Cubber: Cubber App is one of a kind Refer & Earn Cash type wallet - with multiple applications from Quick Recharge, Bill Pay, as well as Shop & Earn. It's a single application for mobile recharge, post-paid bill payment, Gas bill, electricity and data card bills, booking bus tickets and even online shopping. This is one of the Fast Recharge App you can use these days.
  

• Oxigen Wallet: This wallet was the first wallet service to start in India. It started in 2004. At first this wasn't a wallet service provider, this was a payment solution, but eventually the company turned its attention to the wallet market. As a retail outlet it is very established with 1,30,000 outlets throughout India and a huge amount of transactions are carried out through it every day.
  

• State Bank Buddy: Through the help of State Bank Buddy app you can send money to new as well as registered users. You can also book tickets, paying bills through this app. You can recharge mobile and DTH through it as well. 
  

• Airtel Money: This newcomer isstill quite an enigma. This is a hybrid wallet with features of a bank. You need not be an Airtel user to sign up for it; you can visit any Airtel store and open an account. Your account balance cannot exceed 1 lakh inr as of now. The feature that sets Airtel Payments Bank apart is that unlike other wallets, this one pays you an interest of 7.5% per annum.
  

There are several other app options which can serve you much better other Paytm, you might have to install and uninstall quite a few before you find the Paytm Alternatives App that is just right for you. But given the lineup of such apps currently available in India, it will be well worth the trouble. If you're looking for an app that does more than ordinary, don't forget to check our Cubber App, refer and more cashback. Click here for the direct link to download.