With the growing economy and rise in e-commerce business in India, it became impossible to meet the market transaction requirements through ordinary payment techniques, hence new payments methods were needed. The following are the most adopted payment methods adopted by people India.

Payment Methods in India

1. Debit/Credit Cards

Every bank in India provides customers with a debit card which they can use for online payments. Some consumers having good salaries or businesses are also provided with credit cards. Both types of cards are used for online and offline (cash) payments.

2. PayPal

PayPal is an emerging payment method in India. PayPal offers the consumers flexibility in sending and receiving payments globally with mere a click on its web portal or mobile application. PayPal is an American company and payments through it accepted globally. It has the option to send payments in more than 56 currencies and receiving payments in more than 100 currencies.

3. PayTm

PayTm is a mobile-based wallet payment method through which consumers can receive and send payments all across India. Consumers are also able to do shopping through it and pay utility bills etc.

4. PayUMoney

PayUMoney is among the leading payment methods adopted in India. Through PayUmoney, individuals and businesses can send and receive payments all across India. Through this, even unregistered businesses can do safe transactions.

5. Pockets

Pocket is a wallet based system power by Visa through which users can send and receive payments all across India. Users can also recharge mobiles, online shopping, and pay utility bills, etc.

6. Apple Pay

Apple Pay is an Apple-based payment method newly introduced in India. These services can only be used by iOS users either through laptops or mobile devices produced by Apple incorporation. Users can receive and send payments through using its application.

7. Google Pay

Google Pay was formerly known as GPay, Android Pay, and Pay with Google. This is an application-based wallet system through which users can securely send and receive payments. The application can be used through android devices such as mobile phones, watches, and tablets, etc.

8. Samsung Pay

Samsung Electronics has introduced its own payment method with the name Samsung Pay. This is a digital wallet based system through which only Samsung compatible devices users can make online payments for shopping, utility payments, and other online transactions.

9. Skrill

Skrill is formerly known as Moneybookers is e-commerce solution is allowing its users for making payments. Users can transfer international payments with the lowest cost and best rates when a change of currency is involved. This payment method is mostly used by freelancers to receive their international payments.

10. Cheque

This is the most conventional technique of transferring and receiving payments. A cheque is a documented form of authenticated proof which can only be cashed or debited into account of the user.

11. Payoneer

Payoneer is a financial solution helping its users to receive and transfer money online through the internet. Through Payoneer debit card, users can cash their payments from local ATM machines. Users can also send money to their bank accounts as well but after syncing the bank account with it.

12. Mobikwik

Mobikwik is an Indian online payment company allowing users to receive and transfer payments. It is a digital wallet based system and consumers must have money in wallet to use it for making payments.

13. PayZap

PayZap is an online solution allowing users to make payments with a mere click. Users need to register on to the website and then necessary payments can be made.