The Rise of Digital Payments: PayPal Alternatives in India 2017
As the world transitions into a more digitally-driven era, the realm of online payments has become increasingly vital. In India, the need for secure and convenient payment methods has spurred the growth of various alternatives to traditional platforms like PayPal. Let’s delve into some noteworthy alternatives that gained momentum in 2017.
1. Paytm
One of the most popular digital payment platforms in India, Paytm, revolutionized the way people pay online. With its user-friendly interface and widespread acceptance, Paytm quickly became a go-to option for many Indians.
2. MobiKwik
MobiKwik emerged as another formidable PayPal alternative, offering seamless transactions and attractive cashback offers. Its versatility in catering to diverse needs made it a favored choice among users.
3. FreeCharge
FreeCharge, known for its swift recharge services and secure payment options, found its niche among consumers looking for hassle-free transactions. Its innovative features set it apart from the competition.
4. BHIM App
In 2017, the launch of the BHIM (Bharat Interface for Money) app by the Indian government brought a secure and efficient payment solution to the masses. With its focus on promoting digital transactions, BHIM gained significant traction.
5. Amazon Pay
Amazon Pay made significant strides in the Indian market, leveraging the trust and reliability associated with the e-commerce giant. Its seamless integration with Amazon’s platform made it a convenient choice for online shoppers.
6. Google Tez (Now Google Pay)
Google Tez, later rebranded as Google Pay, entered the Indian market with a splash, offering users a simple and secure way to send and receive money. Its innovative features and tie-ups with local businesses enhanced its appeal.
7. PhonePe
PhonePe, backed by Flipkart, gained prominence in 2017 due to its focus on interoperability and ease of use. The app’s user-friendly interface and quick transactions made it a favorite among consumers.
With the growing demand for efficient and secure payment methods, these PayPal alternatives reshaped the Indian digital payments landscape in 2017, providing users with a plethora of choices tailored to their needs.
Exploring PayPal Alternatives in India 2017
The Rise of Digital Payments: PayPal Alternatives in India 2017
As the world transitions into a more digitally-driven era, the realm of online payments has become increasingly vital. In India, the need for secure and convenient payment methods has spurred the growth of various alternatives to traditional platforms like PayPal. Let’s delve into some noteworthy alternatives that gained momentum in 2017.
1. Paytm
One of the most popular digital payment platforms in India, Paytm, revolutionized the way people pay online. With its user-friendly interface and widespread acceptance, Paytm quickly became a go-to option for many Indians.
2. MobiKwik
MobiKwik emerged as another formidable PayPal alternative, offering seamless transactions and attractive cashback offers. Its versatility in catering to diverse needs made it a favored choice among users.
3. FreeCharge
FreeCharge, known for its swift recharge services and secure payment options, found its niche among consumers looking for hassle-free transactions. Its innovative features set it apart from the competition.
4. BHIM App
In 2017, the launch of the BHIM (Bharat Interface for Money) app by the Indian government brought a secure and efficient payment solution to the masses. With its focus on promoting digital transactions, BHIM gained significant traction.
5. Amazon Pay
Amazon Pay made significant strides in the Indian market, leveraging the trust and reliability associated with the e-commerce giant. Its seamless integration with Amazon’s platform made it a convenient choice for online shoppers.
6. Google Tez (Now Google Pay)
Google Tez, later rebranded as Google Pay, entered the Indian market with a splash, offering users a simple and secure way to send and receive money. Its innovative features and tie-ups with local businesses enhanced its appeal.
7. PhonePe
PhonePe, backed by Flipkart, gained prominence in 2017 due to its focus on interoperability and ease of use. The app’s user-friendly interface and quick transactions made it a favorite among consumers.
With the growing demand for efficient and secure payment methods, these PayPal alternatives reshaped the Indian digital payments landscape in 2017, providing users with a plethora of choices tailored to their needs.
Recent Post