With cash transactions hitting a standstill due to the government’s demonetisation drive, the switch to digital payment formats, such as cards, online transfers and mobile wallets, is inevitable. With so many mobile wallets available in India, it is now all the more crucial to know the benefits and rewards associated with each. Here’s a comparison of the most popular mobile wallets in the country to help you choose the one that meets your needs:

Name Feature Offer Action
  • Online and offline payment support

  • Receive and send money instantly

  • Accepts credit/debit cards without POS machine

  • Rs.20,000 monthly limit (without KYC)

  • Rs.2 lakhs monthly limit (with KYC)

  • Transfer wallet balance to bank accounts (charges may apply)

  • Paytm store offers deals on apparels, electronics etc.

  • Cashback offers on booking of Mahindra KUV100, automotive accessories, sports equipment and movie tickets

  • Discounts on online grocery stores, such as Grofers, BigBasket and others

*Accepted at:- IRCTC, BookMyShow, BigBazaar, Mother Diary, goibibo, IndianOil petrol pump, DMRC, Mumbai Metro, Bharatgas and more.
  • Supports both online offline payments

  • OnTheGo PIN for offline payment without internet or phone network

  • Receive and send money instantly

  • Rs. 20,000 monthly limit for non-KYC account

  • Cashback offers at FoodPanda, RedBus, movie tickets and mobile recharges

  • Savings offer for purchases made on Snapdeal

*Accepted at:- Snapdeal, Cafe Coffee Day, Barista, BookMyShow, IRCTC, HP petrol pumps, Mumbai Metro and more
  • Supports both online and offline payments

  • Receive and send money instantly

  • Discounts up to Rs 1,000 on domestic flight bookings at MakeMyTrip

  • Cashback offers on Add money, ShopClues

  • Offers at Barista, Wow Momos

*Accepted at:- Zomato, Tata Capital, IRCTC, PVR, Big Basket, Kindom Of Dreams, Himalaya store, Healthkart and more
Airtel Money
  • Online payments only

  • Send money to any bank account through NEFT

  • Send and receive payments from any Airtel money customer

  • Cashback offers on Dominos, Bookmyshow ShopClues, Caf Coffee Day & transactions done from Airtel money app

  • Discounts on Airtel mobile, DTH and fixed line recharges

  • Upto 25% off on shopping from Jabong

*Offers are valid till 31 January 2017
Accepted at:- Airtel, MTNL, BSNL, TATA Sky, Airtel Digital TV, MTS, Tikona, DHBVN, SBI Life, Max Bupa, IGL, Mahanagar Gas Maharashtra, ebay, Myntra, BookMyShow and more.
  • Supports both online and offline payments

  • Recharge mobile phone and pay utility bills

  • 100% cashback on loading money into your Oxigen wallet

  • Cashback and discount offers on Swiggy and Zomato, on bills and recharges

Accepted at: - Yatra, goibibo, KFC, OYO rooms, Jabong, PVR, Justdial, Croma, Caf coffee day, HP petrol pumps, The Mobile store, Muthoot Finance, BigBazaar and more.
Paisabaazaar is not associated with any of the above brands. The information provided has been collated from their respective websites and is subject to change.