In today’s world, the use of NFC payment apps has steadily increased. It is because of the ease with which you can transfer money. Various advantages come along with it. It includes efficient payment infrastructure, the support of American card issuers, and more. Nowadays, there are various apps available through which you can send money from one account to another.
You can install them on your Android or even iOS phones. This blog will shed light on apps you can use for everyday payments. The post-pandemic world is experiencing a rise in its use, and this form of payment is here to stay. Therefore, it is essential to learn more about such apps.
Top 10 NFC Payment Apps in India
You need to choose which app to consider after analyzing your requirements. You need to keep certain things in mind before selecting an app. The most important factor is safety and security. You should first understand all the features of protection that it offers and ensure that they satisfy you. You should always choose those that provide multi-factor authentication.
Some of the top NFC Payment Apps in India in 2023 include the following:
1. Google Pay
Google Payis among the platforms that people trust the most. It is mainly used by Android and iOS users for their everyday needs and purchases. It prioritises the user’s safety and security above anything else. It facilitates the easy transfer of money from one bank account to another. It is one of the first NFC payment apps available, and you can also win a lot of cashback offers on each transaction.
2. Samsung Pay
Samsung Payis known to be one of the safest NFC payment apps available for users. It is mainly for Android users. The wallet system is relatively new and has various advanced features.
These include capital management, digital keys, and more. You can use it for credit or debit cards, or even exclusive gift cards. It is available in more than seventeen nations.
3. Apple Pay
Apple Payis one of the best NFC payment apps for Apple users. What makes it stand out is the simple layout of the system or the user interface. It makes things simpler for users. You need a face ID, a Touch ID, and a passcode to use it. All you need to do is link your cards to the app. The app basically uses a method of tokenization that is pretty unique.
4. Razorpay
Razorpayis one of the best NFC payment apps and is also highly secure. Companies use it mainly to send out payment links through various mediums. You also get 100% KYC with it. You can also keep checking on the payments you make through this app. Almost 500,000 companies are already using it.
5. PayPal
WithPayPal, you can make international payments as well. It facilitates all sorts of provisions for you to do business securely. It provides a secure option for the buyer and seller, making it one of the best NFC payment apps. You can easily avail of P2P payments on this app as well. It also allows you to purchase things online from international sources. You can also get help on this app in a variety of languages.
6. Cards: Mobile Wallet
Apart from sending money,Cards: Mobile Walletallows you to do a lot of other things. You can book flight tickets, order food from your favourite restaurant, etc.
The transactions you make are all authenticated and bear the source’s approval. Here, you can even get a lot of perks and benefits. It offers a two-factor verification method for added safety for users.
7. Venmo
Venmois among the best contactless payment apps that offer a peer-to-peer exchange feature that is owned by PayPal. The app works very similarly to other payment apps such as Apple Pay, Google Pay, and Samsung Pay. You can download the app, link a debit or credit card or your wallet, and start making and receiving payments. The app lets you transfer money easily to friends and family. You can also make cryptocurrency payments with Venmo. The app also lets you add personalised notes with your payments.
8. Paytm
You must also knowPaytmas one of the most popular forms of payment available in India. You get a wide range of services here that you cannot find anywhere else. This app allows you to pay all sorts of bills, book tickets, and more. Most people use Paytm, which is acceptable at all stores, big or small. Despite the competition, it has been in the top position for a long time.
9. BharatPe
The best feature ofBharatPethat makes it stand out is the offline payment service. This feature lets you pay offline at local stores such as juice shops or pharmacies.
It does not charge any commission on the payment you make. It is one of the best NFC payment apps for small business owners, as it saves their total revenue.
10. PhonePe
You get the chance to multitask withPhonePe. PhonePe allows you to recharge your phone, pay bills, or book flight tickets. You can also avail the opportunity to invest in mutual funds or gold.
It can be a profitable platform for those who can use it efficiently. You can easily carry out your day-to-day tasks here with just a few taps.
FAQs on NFC Payment Apps
Here are some frequently asked questions on NFC Payment Apps:
Who uses Google Pay the most and why?
Android users generally use Google Pay more often than iOS users. Although the latter can use it without any issue, they prefer other apps, such as Apple Pay, over this one. It uses a Gmail ID to carry out the transaction.
How do you pay through Apple Pay?
Like all payment apps, Apple Pay draws money from your bank account. Every time you authorise a payment request, it withdraws money from your account and sends it to the beneficiary’s account.
What makes Razorpay stand out?
You can make all sorts of payments through this app. No matter whether it is domestic payments or international payments. You can use a credit card, debit card, UPI, etc.
Does PhonePe offer money transfers only?
With PhonePe, you can send money to another account and do much more. For example, you can book flight tickets, pay bills, recharge your phone, etc. You can efficiently multitask with this application.
Does Paypal charge any fees on transactions?
When you avail of any service or purchase any product using PayPal, you must pay 2.99% of the transaction amount. But there are no charges or fees when you transfer money from one account to the other.
A simple user interface is crucial to any good online payment app. The NFC apps you choose must also have good customer support or services. They should be readily available to answer your queries when the need arises. There are times when your payment can get stuck. During such times, professional advice and guidance can only help you. Certain apps offer gift cards or coupons for payments. It is better to opt for such apps than those that do not do so. It is because, with each transaction, you win special gifts, which can be pretty profitable.
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