Top 6 Mobile Wallets in India

6. Freecharge


Founded in 2010, FreeCharge claims to be strong in the mobile space with 20 million registered users.  It is not a mobile wallet but a mobile recharge platform. The company recently was acquired by Snapdeal for $400. Freecharge is not a wallet service but is a mobile recharge tool. It has raised $113 million so far from investors like San Francisco-based Valiant Capital Management and Hong Kong-based Tybourne Capital Management. Its investors have decided not to exit following the transaction by Snapdeal. Though the companies will work separately, there will be a ‘cross-pollination’ of services to help FreeCharge customers buy products from Snapdeal, and vice versa.


  1. List of Mobile wallet in india
    \PayTM Availaible Availaible Availaible 150 million Both
    2 Mobikwik
    3 ICICI -Pockets
    4 Oxigen Wallets
    5 Jio Money
    6 Lime Wallet
    7 PayZapp
    8 PayUMoney
    9 AirtelMoney
    10 Citrus Cash
    11 HotRemit
    12 phonePe wallet
    13 Icash
    14 Idea Money
    15 Ongo
    16 Itz Cash Card Ltd
    17 Etran Wallet
    18 mRupee
    19 mpurse wallet
    20 Muthoot wallet
    21 MOM Wallet
    22 Paymate Wallet
    23 MoboMoney
    24 UDIO Wallet
    25 Zipcash

  2. ICICI pockets is best alternative of paytm and freecharge. Because it offers all features of prepaid credit card. Also provides free physical card to swipe at shops. So it’s always my second choice.

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