Online payment is a very convenient way to pay for goods and services. Since online shopping is on the rise, more and more online payment platforms appear on the market. As a result, online payment methods nowadays are various and offer different features that make the online payment easier than before. Withdrawing money and sending money is also possible with these online platforms. Today, paying online is easy and people use it for different purposes, whether for shopping online or sending money to their friends.
Smartphone apps make everything more accessible. Downloading them on your phone is all that you need to do to get access to a variety of programs that before you could only use on the PC. These are great news for daily commuters who do everything while on-the-go and have no time to do it otherwise. Your smartphone can be your e-wallet for all transactions you do every day just by downloading the right payment app that contains all features the user needs for daily transactions.
The possibility to do purchases even beyond the borders, as well as the possibility to transfer money to friends or family are the two most important factors when determining the adequacy of the payment app to be useful for the client. Here are some e-wallet apps that will help you do all of this for little or no commission, as well as help you manage your funds anywhere anytime. Here they are.
Paytm
The company is one of the leading digital e-wallets. Paytm started in India in 2010 and it’s a shortening of “payment through mobile”. So far, it has created more than 150 mobile wallets. The app is available to download from the App Store or Play Store on your smartphone device. Users can pay their bills using the e-wallet, transfer funds, and much more using Paytm. Paytm has the 5% policy of returning money to the customer when buying specific brands. Instead of receiving money, the client is getting a gift card that he/she can use on some online sites, such as Amazon and BestBuy.
The app easily gives you a preview of all unpaid bills. Transfers to PayPal accounts are free of charge, while transferring money to users without PayPal account is at minimal charges. The platform shows all bills in one screen. Paytm also lets you know about unpaid bills 10 before the deadline to avoid additional fees. Paying bills doesn’t take more than a few minutes. You only connect your credit card to the app and hit send. The usability of Paytm exceeds the basic transactions, and users can also use Paytm for Paytm betting sites for Indian punters. The great news is that Paytm doesn’t charge its customer-base any fees for performing transactions using the app.
PayPal One Touch
Not a surprise that PayPal One Touch is in the list of best payment apps. It offers the largest number of services, as well as the best functionality. It has been long in the payment world and has quite an experience in providing online transfer services to clients. It’s connected with selling platforms such as eBay. It is the most commonly accepted payment method worldwide.
To get access to mobile payments, the customer only needs to upload pictures of their bank account and card numbers. PayPal works with almost every bank in the world. Transferring money to friends and family to PayPal accounts is free of charge. PayPal offers its client base 24/7 transaction monitoring. It has the second-highest transfer limit that equals $5000. Security and privacy on this payment app are very high. Definitely, the payment app to recommend to a friend.
Apple Pay
The purpose of this app is to completely replace your physical wallet. Of course, it’s the ultimate goal of any e-wallet app, but this app definitely serves customers well by offering all transaction services in one place. Clients can store up to 12 cards, both debit and credit, and link them to their Apple Pay account. This makes your physical wallet look completely useless, eliminating any possibility of lost wallets and lost credit cards. To use Apple Pay’s services there are no fees, except if you use your credit card for it. The transaction limit is $3,000 per transaction. It’s not as supported as PayPal in a high number of countries, but still, the app is still working in more than 200 countries.
