Top 5 payment apps for secure and simplified payments: Google Pay, PhonePe and more

tech.hindustantimes.com:

Paytm, the financial technology company led by Vijay Shekhar Sharma, has had a disastrous 2024. While the company was stopped from onboarding new customers a couple of years ago, it has been instructed by the Reserve Bank of India to stop all wallet-related services. Although it has recently been allowed to operate as a third-party UPI provider, Paytm users have already been looking for alternatives. So, if you're among them, then check out the top 5 payment apps for carrying out secure and simplified payments among the likes of Google Pay, PhonePe and more.

1. Google Pay - Google Pay simplifies digital transactions by enabling users to securely send money, pay bills, and shop online. With Google Wallet, it gives secure access to your everyday essentials. Users can store payment methods and manage transactions effortlessly. A recent feature that sets Google Pay apart is its instant loan offering. Users can now avail instant loans ranging from ₹10,000 to up to ₹8 lakhs. This feature, combined with the ease of use, security, and rewarding cashback offers, makes Google Pay a comprehensive and user-friendly payment app.

2. Amazon Pay - Amazon Pay offers a comprehensive suite of services for seamless financial transactions. With its integration across the Amazon ecosystem, users can effortlessly shop, pay bills, and recharge mobiles with just a few clicks. Amazon Wallet provides a convenient way to store payment methods and manage transactions securely. They even partner with services like Uber, where Amazon Prime subscribers can receive 5% cashback on each ride – 4% towards the Uber Cash balance and the rest as 1% Amazon cashback. Users can therefore save money on their daily commute.

3. PhonePe - PhonePe offers a seamless and secure way to make payments, transfer money, and recharge mobile phones. Manage everyday bills with ease, conveniently recharging your mobile phone, paying utility bills, and even booking gas cylinders – all from the comfort of the app. Planning a