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
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
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.
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
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.
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
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.