India’s digital payment landscape is rapidly evolving, with card-linked digital wallets leading the charge toward a cashless economy. These wallets link debit or credit cards to an app, enabling secure transactions without repeatedly entering card details. They also offer rewards, cashback, and discounts. Here are four India-based digital wallets making payments easier:
1. Ring:
A fintech app launched by OnEMi Technology in 2022, offering loans and seamless payments, with over 11 million users, including many from Tier 2 cities.
2. Ongo India:
A digital payment platform by AGS Transact Technologies, Ongo provides an omnichannel payment experience for corporates, merchants, and consumers, supporting Bharat QR, UPI, and card payments.
3. Spot Cash:
A fintech start-up that allows users to transfer money from credit cards to bank accounts or get cash against their credit cards, even on bank holidays.
4. SuperPe:
A free app enabling UPI payments and shopping via credit cards, allowing users to pay for rent, education fees, and more, while also transferring funds from credit cards to bank accounts.
These wallets are simplifying transactions and enhancing the overall payment experience in India’s digital ecosystem.