Limitations of Online Payments
1. Technical Glitches:
- Payment Apps might undergo technical glitches and maintenance periods sometimes.
- To avoid this, having multiple functioning payment apps is advisable.
2. Bank Server Down:
- When our Banks are very busy and the server tends to go down.
- We can come over this by using UPI-Wallets to make transactions.
3. Cyberthefts:
- Online Payment apps can be vulnerable and an open door for cyberthefts if not secured properly.
- We can secure our apps by turning on two-factor authentication and tokenization.
10 Best Online Payment Apps in India For Domestic and International Transactions [2024]
Online payment is an instant method of transferring money to individuals or organizations directly over the Internet, making our regular bill payments, balance inquiries, account details inquiries, money transfers, etc. more manageable and effortless.
In this article, we will explore 5 Domestic Payment Apps used within India and 5 International Payment Apps that best suit Indians aiming to make or receive International payments, with their key features. The apps for the online payments are:
- Paytm
- Google Pay
- PhonePe
- CRED
- MobiKwik
- PayPal
- Payoneer
- Wise
- Revolut
- Remitly
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