Most digital wallets are mainly used for online payments or sending money to other wallet users. Many of them also come with a monthly transaction limit of around ₹10,000 if the account is not fully verified. Another challenge is that some local shops still do not accept certain wallet payments, either due to a lack of awareness or limited support.
To overcome these limitations, several mobile wallet providers in India now offer additional features. These include physical Visa or prepaid debit cards that can be used on most online platforms and in offline stores, just like a regular card. This makes it easier to use your wallet balance for everyday purchases, whether you’re shopping online or paying in-store.
In addition, some wallet services allow users to complete full verification and upgrade their accounts. Once upgraded, the wallet can function almost like a bank account, offering higher transaction limits and more flexibility for payments, transfers, and withdrawals.
Below is a list of some of the top mobile wallets in India that offer these extended features, including support for physical cards and higher usage limits.
Best Digital Wallets in India
1. HDFC PayZapp
It also functions as a digital wallet, allowing you to store money and avoid carrying cash or cards. PayZapp can create a virtual credit card linked to your account for added security in online transactions, ensuring your actual card details remain safe.
Whether you’re an HDFC Bank customer or not, PayZapp offers convenience, security, and potential rewards on your transactions, making it a helpful tool for keeping your finances organised and accessible.
2. Zeta for Employees (Closed)
They will issue a Zeta Super Card, a MasterCard-powered physical card that can be used at any merchant that accepts card payments, whether online or in-store. Companies use this Wallet to issue a gift card to their employees.
It’s closed for Consumers now, but we work with banks for credit card payment processing.
3. Pockets-UPI, Wallet, QR Payments
Extra Features
- NFC Touch & pay
- Bank with ease – Can be converted into a bank account.
- UPI
4. Slonkit
Slonkit is the perfect money management tool and a famous mobile wallet company for the young generation in India. It helps parents teach their children more competent money management. It combines a mobile app and a personalised reloadable prepaid card powered by VISA and DCB Bank.
The physical card can be used online and offline, like a debit card, wherever VISA is accepted. And it is FREE! Slonkit is not linked to a bank account; it is safe and secure. If you lose/misplace the card, you can suspend it via the Slonkit app.
5. Paytm
PayTM is one of the biggest mobile wallets in India. They are offering their customers a digital wallet in India to store money. Recently, they were allowed to make a Zero Balance Paytm bank account.
The new bank account allows you to open a fixed deposit and savings and has a debit card facility. PayTM can also accept payments at merchants, make bill payments, transfer money, buy tickets, and shop.
6.PhonePe – UPI Payments, Recharges & Money Transfer
PhonePe is similar to the Paytm app, which offers Wallet and BHIM UPI. You can also pay your credit card and other bills or use your wallet to recharge your mobile phone. This app also supports instant payments at your favourite stores, both offline and online.
Tough. Deleting an account on the PhonePe app is not easy. You can check out our guide to permanently delete your PhonePe account.
The above list of e-wallets in India is secure and can be used in most places without any trouble. In the Comment Section, let us know if you know about similar payment wallets in India.
7. Amazon Pay
Amazon Pay Wallet functions like a digital piggy bank within your Amazon account. You can add money to it from your bank account, debit card, or even cash at certain locations (depending on your account type).
This balance can be used for easy payments on Amazon.com or at stores that accept Amazon Pay. It simplifies the checkout process by eliminating the need to enter your card details each time and adds an extra layer of security since your linked card information isn’t used directly.
