Turns out the demonetization move by the Indian government was not just an attempt to get rid of black money but also an upgrade to digitalize our transactions. While this cash crunch has affected the whole country, it has begun to veer us into a cashless economy like most developed countries.

In such times, mobile wallets which were just another payment option have become an integral part of this digital revolution. Data from the RBI said that within the first two weeks of the currency ban, there are a million new e-wallet users. This transaction rate via them has been expected to leapfrog significantly in the months to come.

Having a mobile wallet eases every kind of payment, right from groceries, travel and bill payment. All you have to do is register yourself and add money to it. Just like a debit card you can then use this wallet to make payments.

Most of them have several discounts and cashback offers that further benefit the user. And all one needs is a smartphone and some internet to get hooked to them.

If you’re not already part of this bandwagon, here are 6 mobile wallets you can use to go cashless in this cash-crunched time.

1
PayTM

paytm
This is one of the most popular mobile wallets being used in India today. You can store money in it and make quick payment online and offline. You can use this to pay your everyday bills, book movie tickets and link it to pay for your Uber rides, among many other things. As they expand their venture, they have now made it possible to make payments in the offline world too. So don’t fret if you don’t have Rs. 20 to spare for a cigarette or a rickshaw journey, there’s PayTM for every small transaction too.

Download: For Android, for iOS

2
MobiKwik

mobikwik
Many online websites have listed MobiKwik wallets where you can use the stored money to make payments. Apart from that you can use this wallet to pay bills, order food and buy movie tickets too. They are also entering the offline market these days, where more and more stores and shops will have the option to let you make payments via this wallet.

Download: For Android, for iOS

3
PayUMoney

payumoney
Like its other counterpart, this wallet is also used to store cash and pay for various services and transactions. It also has other benefits like one-touch checkout and offers on every transaction made using it.

Download: For Android, for iOS

4
FreeCharge

freecharge
This wallet lets you recharge your prepaid or postpaid mobile, pay electricity bills, DTH bills and other similar everyday bills. They have also added a metro card recharge which makes topping up your metro card much simpler.

Download: For Android, for iOS

5
Chillr

chillr
This wallet allows you to send money to anyone in your phone book in seconds without involving their account numbers, IFSC code and all that jazz that makes transfers such a complex process. Since this is an app by HDFC bank, only HDFC bank and Bank of Baroda customers can use their service of sending money while other bank customers can receive money using this app. However, before using it, you need to enable net or mobile banking.

Like HDFC Banks’s Chillr, many banks have their own wallets such as ICICI Pockets, Axis Banks’s Lime, State Bank Buddy and more.

Chillr – Download: For Android, for iOS

Pockets – Download: For Android, for iOS

Lime – Download: For Android

State Bank Buddy – Download: For Android, for iOS

Images via Google Play Store

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