56 Top Indian Mobile Payments Companies and Startups of 2021

This article showcases our top picks for the best Indian based Mobile Payments companies. These startups and companies are taking a variety of approaches to innovating the Mobile Payments industry, but are all exceptional companies well worth a follow.

We tried to pick companies across the size spectrum from cutting edge startups to established brands.

We selected these startups and companies for exceptional performance in one of these categories:

• Innovation
  • Innovative ideas
  • Innovative route to market
  • Innovative product
• Growth
  • Exceptional growth
  • Exceptional growth strategy
• Management
• Societal impact

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Top Indian Mobile Payments Startups

Data sourced from Crunchbase and SemRush.

Paytm

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Paytm is a payment gateway that provides payment services for customers and merchants.

Cashfree

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Cashfree is a payments and banking technology company that enables businesses in India to collect payments online and make payouts.

MobiKwik

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MobiKwik is India’s leading fintech platform, operating businesses in consumer payments, payment gateway, and financial services.

Paytm Payments Bank

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Paytm Payments Bank is a mobile-first bank with zero balance-zero digital transaction charge accounts.

One97

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One97 delivers mobile content and commerce services to its customers.

Perpule

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Perpule’s UltraPOS is a cloud based, mobile POS system that substantially improves the billing and checkout process at your stores.

Avail Finance

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Avail is a digital app that offers loans with flexible repayment options to the blue-collared workforce of India.

True Balance

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True Balance is a digital wallet that enables users to access utility bill payment and other financial products.

JUSPAY

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Juspay is a developer of an online platform designed to be used for mobile-based payments.

YAP

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YAP is the API Platform for Banking and Payments products in Asia. More than 200 Fintechs across Asia rely on YAP

InstantPay

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Financial Services for Larger India

ftcash

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ftcash empowers the underserved micro-merchanrs through financial inclusion using digital payments and loans.

Financial Software & Systems

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Financial Software & Systems (FSS), is a global comprehensive payments technology provider.

ToneTag

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Enabling Contactless Payment on any device

Clix Capital

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Clix Capital provides commercial finance services intended to provide commercial lending and lease facilities.

TranServ

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TranServ is serving a variety of organizations and individuals to make payments processes easy & safe.

RedCarpetUp

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RedCarpet lends to customers in India to finance their online purchases – ecommerce, travel, etc.

Payswiff

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PaySwiff is India’s leading omni channel transactions solution provider to small, medium and large enterprises.

Citrus Payment Solutions

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Citrus Payment Solutions provides consumer payments and mobile banking services.

MoneyOnMobile

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MoneyOnMobile is India’s largest mobile payment platform that facilitates safe and easy financial transactions to millions of Indians

OlaMoney

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OlaMoney which provides mobile payments.

POKKT

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POKKT is an Alternate Mobile Payment Platform that helps owners of Paid Digital Goods and Services to monetise thier users through an

SmartQ

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SmartQ designs a mobile application that digitizes food courts and cafeterias and provide an enhanced experience.

Zerone Microsystems Private Limited

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We convert smartphones into a POS machine using our ZUP proximity payment technology, with no additional hardware and no need for NFC.

YPay Card

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YPay Card is the new way to manage your money.

Eroute Technologies Private Limited

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Card-based consumer payment company with a mission to redefine spending experiences in pre-banked & under-banked segments of our society.

Chillr

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Chillr is a mobile and web application that allows users to send money directly between bank accounts using just the mobile number.

Momoe Technologies

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Mobile payments for real life merchant interactions.

ePaisa – enabling commerce

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ePaisa is an Ai & ML based Point of Sale with payment acceptance, inventory & more.

SIFIPAY.COM

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SIFIPAY is one of the fastest growing payment solution providers in India. Funds collections & Payouts were never so easy !!

Raincan

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Raincan is a subscription based service provider for morning and breakfast essentials.

LivQuik

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LivQuik provides a complete suite of Prepaid Payment products

Trupay

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Truepay is a secured bank agnostic-platform that offers financial services to its customers.

Eko

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Eko India Financial Services provides a low cost infrastructure to enable instant, secure and convenient financial transactions.

NumberMall

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NumberMall is born with a vision to tech-enable the small merchant.

UDMATech

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UDMATech Though the Business world intends to move towards cashless society, the payment transactions through Credit Card.

Mera Cashier

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Mera Cashier is a mobile app which is useful for credit transactions (Udhar Khata) of entrepreneurs, businesses and shopkeepers.

obopay

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Obopay is a mobile application that allows consumers and businesses to purchase, pay, and transfer money through any mobile phone.

Nupay

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NUPAY is a next generation ‘Neo Banking’ Business Payments Platform for Large Enterprises

Epifi

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India’s first neo bank for salaried millennials.

Escrowpay India

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Escrowpay India is a neutral, online and convenient escrow platform.

Swipesumo Technologies

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Swipesumo Technologies provides solutions for digital payment and mobile payment processing.

HOOPOUN

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Hoopoun enables true Digitization through Digital Receipts, Payments & Unified Loyalty Rewards using blockchain and Artificial Intellingence

PayLatr

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PayLatr.com is a mobile payments platform that enables recurring micro-credits to mid-income households.

Mallfort

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Mallfort facilitates an online platform that enables its customers to find and purchase products from local stores.

TalkCharge Technologies Pvt Ltd

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TalkCharge is a unique portal facilitating users with Online Recharges, Bill Payments, Digital Wallet, E-GiftCards Voucher.

Nelito Systems Ltd

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Nelito has long established itself as a preferred IT solutions partner for the banking and financial institutions across emerging markets.

Atom Technologies

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Atom Technologies Limited is an end to end payment services provider. Is an omnichannel payment solutions over online and offline channels.

iServeU

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iServeU Next-Gen Payment Platform, Quick Remittance, Aadhaar Payment, Merchant Payment Solutions, Wallet.

EMVANTAGE Payments

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Emvantage offers an online payment gateway platform compatible with credit card, debit card, and net banking.

Zup

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Zup is a mobile payment application platform to transfer money online and offline.

Aldopay

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Mobile Wallet Focusing on hassle free checkout via Finger Print & OTP.

Fastticket.in

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India’s Best Online Ticket Booking, Mobile Recharge & Utility Bill Payment Engine

India Transact Services Limited

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ITSL has innovative payment solutions which is tailor made as per your payment needs.

Oxigen

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Oxigen Wallet is committed to transform the way you pay.

Algo Engines

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Algo Engines helps financial institutions defend themselves against fraudsters. We are a SaaS platform that secures mobile payment.