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Currency Ban: Best among Freecharge, PayTm, Citrus wallet for solving your everyday need.
With almost everyone facing cash crunch after demonetization, the usefulness and popularity of digital wallets is suddenly witnessing an upward trend.
This is a user generated content for MyStory, a YourStory initiative to enable its community to contribute and have their voices heard. The views and writings here reflect that of the author and not of YourStory.
People are realizing the importance of cash wallets and are happily opting for making payments through the platform for their daily shopping. Popular wallet apps have seen a surge in their downloads after demonetization and traffic to their platform has increased manifold. This certainly is proving a time of rejoice for every small for big digital wallet app and they stand a perfect chance to accelerate their growth and become the best in the business.
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There are plenty of wallets that exist on the web and each one of them serves the same purpose of facilitating monetary transactions. However there are few of them like Paytm, FreeCharge and CitrusPay that are most popular and at the same time reliable and handy. You should always opt for one them for online shopping as well as making offline payments. Deciding about which app is the best and should be used by you can prove little tricky. Here’s a quick review about all three of them to make your choice simpler and easier –
Paytm –
Paytm is the most popular and reliable digital wallet and has maximum number of users on its platform than any other digital wallet. The e-wallet is a perfect wallet for online transactions and helps you facilitate mobile recharges, utility bill payments like DTH plans, electricity as well as bus and taxi bookings. Paytm has formed associations with bookmyshow, Uber, Makeymytrip as well as many others and helps you book services of such online services at its own platform through its digital wallet.
The digital wallet offers you the facility for making payments for shopping on number of online platforms. With Paytm you can shop, dine, travel, watch movies and pay for gift cards on maximum number of platforms. Paytm is licensed by the RBI to set up a payments bank and the wallet is recognized as a legal platform to facilitate online as well offline transactions.
Paytm which is also a popular e-commerce market place now provides the facility of booking rail tickets through IRCTC. The Paytm wallet can be used to pay for your shopping at grocery stores, small retail shops, malls as well as fuel stations and anywhere where the merchant is comfortable to accept payments through it. The slogan “Paytmkaro” got popular much before demonetization and Paytm deals in respect to wallets and online transactions have always helped customers have the best shopping and transaction settlement experiences.
FreeCharge –
Probably the second most popular digital wallet app after Paytm, FreeCharge is surely helping people handle demonetization with ease. The wallet app is certainly a perfect platform to make payments for online as well as offline transactions and is recognized by maximum number of merchants. The FreeCharge Wallet app lets you perform all types of mobile recharges and you can also pay for utility bills through the digital wallet app. With the help of wallet, one can recharge their metro card and can also book taxis; bus rides as well as make transactions on number of shopping platforms.
The digital wallet has more than 6 million active users on its platform and it enjoys the trust of Snapdeal as well. So another added benefit of FreeCharge digital wallet is that it lets you make payments on Snapdeal as well on platforms that are associated with Snapdeal. FreeCharge is quite user friendly and provides you the facility of sending and receiving money on the go to any user on the FreeCharge Platform. With a speedy user interface and the trust of Snapdeal, the FreeCharge is probably one the most reliable and better option than most of digital wallets.
CitrusPay –
The CitrusPay wallet is getting popular by the day and it claims itself as a social money manager. The app is quite simple and easy to operate and you get the facility of transferring and receiving the money with the touch of a click. CitrusPay lets you pay for offline transactions quite easily and you can split the bills with your money as well as gift money to your loved ones to any place of the country. The digital wallet is quite happening and is tailor-made for people of young age, and it can be used for taxi bookings as well as making payments for best services like movie booking as well as food and travel.
With the help of CitrusPay wallet, you can request your friends to send you money on the platform and can also gift money to your near and dear ones. Being an RBI approved payment settlement instrument, CitrusPay is surely a reliable option and helps you pay for online as well as offline shopping with ease and reliability. The digital wallet app lets you transfer atleast 5000rs in one go and you can also add in the wallet a sum up-to Rs. 10,000 on monthly basis.
Conclusion-
Whether it is Paytm, CitrusPay or FreeCharge, all three of them are quite handy and reliable and can help you make payment for your shopping with ease and reliability. Paytm is known for Paytm offers , whereas FreeCharge is popular for its recharge cashbacks and CitrusPay gives you the facility of share your bills and request for payments. Every wallet in itself is quite perfect and reliable and it is only a matter of popularity and acceptance which makes one favorable in respect to other.