Staying Home? Tips for Easy way of online banking

Staying Home? Tips for Easy way of online banking

To tackle the coronavirus spread, you may carrying out financial transactions online from home.

There are various best online bill payment services in India that allows you to pay almost all your bills online. It takes more than a minute to pay your electricity bill and other bills.

Over the years, India has several excellent online bill pay and electronic payment systems. Maybe you’ve used some of these. Or maybe you can consider using them now.

PhonePe

PhonePe ranks among the best online bill payment app. It’s possible to pay all bills, make online purchases, invest in stocks and Mutual Funds as well as other financial instruments and keep tab of all your bank accounts with this integrated app. Additionally, PhonePe is the most reliable when it comes to working in remote areas where Internet connectivity might be poorer. It’s also possible to make money transfers using National Electronic Fund Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems.

Paytm

Paytm remains a very famous app for payments, recharges and cash transfers in India. They have a full range of services from shopping at Paytm Mall to booking tickets and hotels, paying bills, recharges and lots more.

Google Pay

Google Pay is the fast, simple way to pay in millions of places. After you add a card, you can pay using your phone. Send money to friends, pay bills and buy online, recharge your phone, or pay at the nearby café with Google Pay, a simple and secure payments app by Google.

Encryption and passkeys are used to safeguard your financial information. It is stylized as G Pay and formerly Pay with Google and Android Pay

Amazon Pay

Amazon Pay was earlier limited to buying stuff on Amazon and getting cashbacks or refunds. However, Amazon Pay now offers full-fledged online bill pay and electronic payments for utilities, payments for dining out at select places, booking airline, bus and train tickets and lots more.

And of course, discounts on shopping from Amazon whenever they have a special offer. There’re no need to create a separate account for Amazon Pay. It comes with your Amazon account and is accessible on computer and mobile.

PayZapp

India’s leading private sector lender, HDFC Bank offers PayZapp, the best online bill pay and electronic payment system in India. PayZapp also comes with the added feature of a virtual debit card from HDFC Bank.

This debit card is a fabulous feature since you can get amazing discounts while shopping online: a lot of online stores including Amazon and Flipkart offer special discounts to shoppers paying with HDFC Bank cards. PayZapp comes with all features you’ll expect. These include bill payment, mobile recharges, online shopping and special deals from participating outlets.

IPPB

If you’re residing in rural India and need an app that easily links with a bank account, go for the India Post Payments Bank (IPPB) online bill pay and electronic payments system. You can download the app and visit the nearest post office branch to complete full KYC formalities.

IPPB payments system comes with the full range of financial services from India Post. And it offers all the regular features such as VPA, bill payments, recharges and facilities to pay for shopping. It’s also possible to buy India Post insurance schemes from this app.

Bharat Interface for Money

Bharat Interface for Money (BHIM) is by far the most popular online bill payment. If fact, every Public Sector Undertaking (PSU) bank, private, cooperative and foreign banks in India use their own versions of BHIM. You can pay utilities bills, recharge mobile phone, send and receive money and perform lots of other transactions with BHIM. This app comes from the National Payments Corporation of India and is very secure for all financial transactions. In recent days, BHIM also offers the facility to apply for Initial Public Offering (IPOs) of company stocks.

They’re useful for paying electricity bills, gas and water bills, Mobile recharge or bill payment at discounts, sometimes bill pay with cashback and lots more. And all transactions can be done quickly from the comfort of at your home, stay home - stay safe.