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Clerk : your mobile number please.

Me: 9xxxxxx01

Clerk:Aadhaar number?

Me:12xxxxx89

Clerk: give me your OTP

Me: 234567

Clerk : your biometric please.

Biometric done.

Your e mail ID?

Your Nominee details?

₹100 as initial amount?

In 5 minutes, I was given an QR card, with the account number and customer id, written on the back.

In another 1 minute, I could log in.

Rush to the nearest Post Office, with your mobil

Clerk : your mobile number please.

Me: 9xxxxxx01

Clerk:Aadhaar number?

Me:12xxxxx89

Clerk: give me your OTP

Me: 234567

Clerk : your biometric please.

Biometric done.

Your e mail ID?

Your Nominee details?

₹100 as initial amount?

In 5 minutes, I was given an QR card, with the account number and customer id, written on the back.

In another 1 minute, I could log in.

Rush to the nearest Post Office, with your mobile number, with cash ₹100 together with your aadhaar.

In just 15 minutes, when your turn comes, you will be an IPPB account holder.

If you have aregular India Post Savings Account, it is ano...

Yes. Even though I stopped being a professional PHP developer back in 2018, my work still involves dealing with PHP code every day. So, how do I know if PhpStorm is worth it?

All I have to do is click Menu | Help | My Productivity Guide directly within PhpStorm:

There you have it: immediately it becomes obvious just how much time PhpStorm has saved me. And again, I’m not writing anywhere near as much code as I did when I was a professional developer.

PhpStorm offers a free 30-day trial, so you can give it a try to decide for yourself – no strings attached and no registration needed.

Moreover, you

Yes. Even though I stopped being a professional PHP developer back in 2018, my work still involves dealing with PHP code every day. So, how do I know if PhpStorm is worth it?

All I have to do is click Menu | Help | My Productivity Guide directly within PhpStorm:

There you have it: immediately it becomes obvious just how much time PhpStorm has saved me. And again, I’m not writing anywhere near as much code as I did when I was a professional developer.

PhpStorm offers a free 30-day trial, so you can give it a try to decide for yourself – no strings attached and no registration needed.

Moreover, you can pay monthly, which will make the license fees seem less scary. Although, if you plan to work with it for a long time, yearly subscription is cheaper overall.

Finally, PhpStorm comes with a perpetual license, which means that the version you bought is yours to use forever.

Personally I don’t trust any app whatsoever for making payments for installation on any of my mobile devices that can access my bank account directly. I don’t need to. However there are two exceptions. Google pay and PayTM.

PayTM Wallet I installed and started using from the day of demonetisation to make life easier for a whole lot of shuttling I had to do between locations in Mumbai. I charged the wallet by netbanking from my desktop PC so no trace was to be found on the phone and the risk was limited to balance in the wallet. Came in very handy with Uber and local on demand rickshaw service c

Personally I don’t trust any app whatsoever for making payments for installation on any of my mobile devices that can access my bank account directly. I don’t need to. However there are two exceptions. Google pay and PayTM.

PayTM Wallet I installed and started using from the day of demonetisation to make life easier for a whole lot of shuttling I had to do between locations in Mumbai. I charged the wallet by netbanking from my desktop PC so no trace was to be found on the phone and the risk was limited to balance in the wallet. Came in very handy with Uber and local on demand rickshaw service called Jugnoo. With Covid lockdown it fell into disuse.

Recently I was as good as forced into installing Google Pay. Fortunately I had also obtained a life time free use zero balance account with one of the private banks. The hitch with that to link with the GPay UPI required me to first install the bank’s own mobile banking application and then jump through hoops to link the virtual debit card to GPay UPI. Once I had it going I wiped the bank’s application on the phone and maintain no more than say ₹ 2000/- balance in the account. I also charge this via desktop PC web interface of one of my other bank accounts having created a “payee” in the profile.

So now I finally have a payment app on my mobile phone that is pretty safe and that too with limited risk which costs me absolutely nothing.

First of all thank you for your question. Here are some pros as well as cons of IPPB account :

  1. India Post Payments Bank Account is a zero balance account so no minimum balance is require to maintain.
  2. Less Documentation required : Only
  • Adhaar Card Number
  • Smartphone

3. minimum charges :

  • For Virtual Debit Card - Rs 25 for 60 months
  • Less IMPS Charges as well
  • Less SMS Charges : Rs 11.80 for appr. 3 months

4. Maximum 10 minutes are required to open the account.

5. Very simple and user Friendly app experience.

6. You can also link your Post Office Saving Bank to your IPPB account. There is an option of posb swe

First of all thank you for your question. Here are some pros as well as cons of IPPB account :

  1. India Post Payments Bank Account is a zero balance account so no minimum balance is require to maintain.
  2. Less Documentation required : Only
  • Adhaar Card Number
  • Smartphone

3. minimum charges :

  • For Virtual Debit Card - Rs 25 for 60 months
  • Less IMPS Charges as well
  • Less SMS Charges : Rs 11.80 for appr. 3 months

4. Maximum 10 minutes are required to open the account.

5. Very simple and user Friendly app experience.

6. You can also link your Post Office Saving Bank to your IPPB account. There is an option of posb sweep in and posb sweep out transfer money from posb to ippb and vice versa i.e with free of charge.

7. You can also pay your installments of RD/SSA/PPF Account in the DOP Product option. SO NO NEED TO GO TO POST OFFICE AND STAND IN A QUEUE.

8. If you want to cash withdrawl at home, you can request the postman in your area to bring cash directly at ur doorsteps with some nominal charge.

9. You can also avail all types of DBTs on ur IPPB account

10. IPPB doesn't provide you passbook.

11. Server error occurs a lot of time in the app.

12. If you want to do transaction through ippb at branch offices in villages the transaction limit is only 10000.

13. As it is only a payments bank, it cannot give the csutomers loan as well as credit cards.

14. Total amount limit is 2 lakhs only.

~ Ajay

Indian Post Payment Bank is another payment bank which was launched on 12th January 2017, after Airtel Payments Bank. You can make deposits and undertake various payment services by the Payments bank, however, unlike, the commercial banks, payments banks do not offer loans.

Indian Post Payment Bank started its pilot services in Ranchi and Raipur and is expected to expand to around 650 branches. The interest rate by IPPB differs on the amount deposited by the customer:

  • 4.5% on amount up to INR 25,000
  • 5% on deposits between INR 25,000 - INR 50,000
  • 5.5% on deposits ranging between INR 50,000 - INR 10

Indian Post Payment Bank is another payment bank which was launched on 12th January 2017, after Airtel Payments Bank. You can make deposits and undertake various payment services by the Payments bank, however, unlike, the commercial banks, payments banks do not offer loans.

Indian Post Payment Bank started its pilot services in Ranchi and Raipur and is expected to expand to around 650 branches. The interest rate by IPPB differs on the amount deposited by the customer:

  • 4.5% on amount up to INR 25,000
  • 5% on deposits between INR 25,000 - INR 50,000
  • 5.5% on deposits ranging between INR 50,000 - INR 100,000.

Your 12-digit Aadhaar card number will be the account number for your Indian Post Payment Bank account. Whether your Aadhaar card is linked with a bank account or not, you will be able to make and accept payments.

Types of accounts by IPPB

IPPB, in addition to offering savings account, also provides its customers current accounts. IPPB is offering three types of accounts:

  • Sugam (basic savings bank deposit account)
  • Safal (regular account)
  • Saral (basic savings bank deposit account - Small).

For all the three accounts, minimum initial deposit is INR 100 but you are not required to maintain a minimum monthly balance, and the maximum amount which can be deposited in an account is INR 1 lakh.

All three accounts can be opened by anyone above the age of 10 years. However, Safal and Sugam accounts need KYC details for verification while Saral account can be opened without KYC details.

Types of services by IPPB

IPPB aims at providing secure and an inexpensive medium of transferring funds through its following services:

Direct Benefit Transfer

The Direct Benefit Transfer (DBT) program primarily helps in transferring the subsidy amount to the consumers through their bank accounts.

Doorstep Banking

Doorstep banking is a major step in the banking services across the banks, as it brings the various services of the banks to your doorstep. Through the doorstep banking you can avail the following services by paying a nominal fee:

  • Cash withdrawal
  • Cash deposit
  • Balance enquiry
  • Aadhaar to Aadhaar funds transfer

Key features of IPPB

By now it is evident that Indian Post Payment Bank will prove to be a game-changer in the banking industry in the coming years. Below are the key features of IPPB:

  • Funds are transferred in real time using IMPS, NEFT, AEPS, UPI, and USSD services
  • Account verification is done instantly through Aadhaar based e-KYC
  • First debit cards for all account are free
  • The customers are not required to maintain a quarterly minimum balance in their account
  • Cash withdrawals are free at all Punjab National Bank ATMs and India Post ATMs

With the subsidy amount getting credited directly in the bank account, the villagers can now simply withdraw the money through the postman in their local area. They no longer have to travel miles for a bank to the nearest city, to withdraw their money.

In fact, not just withdrawing, but depositing is also incredibly convenient for the people in remote areas, through the doorstep banking. Not only is the government pushing the banking sector for spreading easy and secure banking services in the unbanked and rural areas, but also giving the nod to the private sector enterprises to offer the banking services.

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It seems safe being govt .

But I believe it works only for internal transfer it doesn't allow you to transfer funds to and from other Banks .

Paytm Payments bank is a better option.

You can use paytm payments bank for payment via paytm app and the transaction failure chances are also low in paytm.

Upvote if you find useful😁❤

Launching a startup involves juggling numerous responsibilities, and marketing is one of the most critical components for early success. Deciding whether to handle marketing yourself or hire a professional can significantly impact your business trajectory.

Benefits of Hiring a Professional Marketer:

  1. Expertise and Efficiency:
    • Strategic Insight: Professional marketers possess the knowledge to develop effective strategies tailored to your target audience.
    • Time-Saving: They can implement campaigns efficiently, allowing you to focus on other core aspects of your business.
  1. Access to Advanced Tools and Te

Launching a startup involves juggling numerous responsibilities, and marketing is one of the most critical components for early success. Deciding whether to handle marketing yourself or hire a professional can significantly impact your business trajectory.

Benefits of Hiring a Professional Marketer:

  1. Expertise and Efficiency:
    • Strategic Insight: Professional marketers possess the knowledge to develop effective strategies tailored to your target audience.
    • Time-Saving: They can implement campaigns efficiently, allowing you to focus on other core aspects of your business.
  1. Access to Advanced Tools and Techniques:
    • Latest Trends: Professionals stay updated with the newest marketing trends and technologies.
    • Data-Driven Decisions: They utilize analytics to optimize campaigns for better ROI.
  1. Competitive Advantage:
    • Stand Out in the Market: A professional can help create a strong brand presence, giving you an edge over competitors.

Advantages of Doing It Yourself:

  1. Cost Savings:
    • Budget-Friendly: In the early stages, funds may be limited, making DIY marketing a practical choice.
    • Learning Experience: Handling marketing yourself can provide valuable insights into your customer base.
  1. Authentic Branding:
    • Personal Touch: As the founder, you can infuse your passion and vision directly into your marketing efforts.

Considerations:

  • Time Constraints: DIY marketing can be time-consuming, potentially diverting attention from other vital areas.
  • Learning Curve: Without prior experience, developing effective marketing strategies may take longer and yield less impactful results.

A Balanced Approach:

Many startups find a middle ground by hiring freelance marketing professionals on a project basis. This approach combines professional expertise with flexibility and cost-effectiveness.

Flexible Talent Platforms:

Platforms like MarketerHire connect startups with vetted marketing experts across various specialties. This allows you to access top talent without the commitment of a full-time hire.

Conclusion:

While doing it yourself may seem appealing due to cost considerations, investing in professional marketing can accelerate growth and help establish a strong market presence early on. Assess your startup's needs, resources, and long-term goals to determine the best approach.


Remember, effective marketing is crucial for gaining traction in the competitive startup landscape. Whether you choose to hire a professional or take the DIY route, ensure your marketing efforts are strategic and customer-focused.

Hi , My answer would be no, lemme share u couple of screenshots, so that u can understand much better

so here it shows negative balance in my Airtel wallet which is insane, these guyZ are least bothered now. I don’t trust this Airtel Payments bank anymore. They make false promises and attract us later will make us fool. So be careful guyZ !

Thanks

Hi , My answer would be no, lemme share u couple of screenshots, so that u can understand much better

so here it shows negative balance in my Airtel wallet which is insane, these guyZ are least bothered now. I don’t trust this Airtel Payments bank anymore. They make false promises and attract us later will make us fool. So be careful guyZ !

Thanks

That it is a Payments Bank.

That it can accept deposits only up to Rs. 1,00,000 per customer.

That it cannot provide loans or any kind of credit facility to any customer. However, it can issue debit cards and cheque books.

That your postman will also act as a Banking Correspondent i.e you can deposit/withdraw your money through the daakiya.

That the purpose of having such type of a bank is to promote financial inclusion among the weaker/rural sections of the society by way of small savings account and money transfer options.

That India Post with its tremendous penetration across the length and brea

That it is a Payments Bank.

That it can accept deposits only up to Rs. 1,00,000 per customer.

That it cannot provide loans or any kind of credit facility to any customer. However, it can issue debit cards and cheque books.

That your postman will also act as a Banking Correspondent i.e you can deposit/withdraw your money through the daakiya.

That the purpose of having such type of a bank is to promote financial inclusion among the weaker/rural sections of the society by way of small savings account and money transfer options.

That India Post with its tremendous penetration across the length and breadth of the country is apt for the fulfillment of the vision that has guided the conceptualization of this new type of bank. It has already been running a number of saving schemes.

That, being one of the oldest public institutions in the country and thus being marred with lot of red-tapeism and typical sarkari attitude, India Post needs to buck up and live up to the expectations of its customers. However, to be fair to them, I must declare that I've been a regular user of the Speed Post service and India Post has NOT disappointed me to this day. Hope the same is carried forward by its banking section as well.

The latest techniques have been successfully applied using AI.

The good ness is u can pay online via bank to Ur post office account using the Ippb app as an intermediary. U need not wait in the que. U need not wait for the postal staff to say server is not working.

Bad.. i dont see any thing bad . Only thing is people still are not aware such app exists due to non availability of ads and media. The social media also doesn't say much about this. In face u urself asked this because it seems new to you.

Ya it's true.. post office transactions can be done online hassle free..

India Post Payments Bank (IPPB), which started functioning this month, is offering 3 types of zero-balance savings accounts with multiple benefits, including unlimited withdrawals and deposits besides doorstep banking.

All the 3 IPPB savings accounts [ https://www.livemint.com/Money/fTEOlPSCdWWvPV0Qvw6tlO/India-Post-Payments-Bank-offer-savings-account-interest-rate.html ]offer some common features

India Post Payments Bank (IPPB), which started functioning this month, is offering 3 types of zero-balance savings accounts with multiple benefits, including unlimited withdrawals and deposits besides doorstep banking.

All the 3 IPPB savings accounts [ https://www.livemint.com/Money/fTEOlPSCdWWvPV0Qvw6tlO/India-Post-Payments-Bank-offer-savings-account-interest-rate.html ]offer some common features and benefits, including a 4% interest rate, no minimum balance, etc. As per RBI rules, you can’t hold more than Rs 1 lakh in all payments bank accounts but you can open a post office bank account where any amount in excess of Rs 1 lakh will be transferred.

None of these IPPB savings accounts allows you to open a joint account. You also don’t get a chequebook, debit card or ATM card but a QR card, which allows you the benefit of all three.

India Post Payments Bank (IPPB) account can be opened both through a mobile app as well as at the post office. The digital savings account is however valid for only 12 months unless a biometric authentication is done.

Here is a look at the 3 types of IPPB savings accounts and how to choose the one that suits you.

Digital savings account:

If you don’t have the time to visit a post office to open an IPPB account, for which you may have to stand in a queue, then you can download the IPPB app and open digital savings account instantly and in a paperless manner.

All you need is your PAN card number and Aadhaar card number. After inputting both, you get an OTP on your linked mobile number to open the instant bank account.

However, the digital savings account is valid only for 12 months. Within a year of account opening, you are supposed to complete biometric authentication for the account after which it will be converted into a regular savings account [ https://www.livemint.com/Money/cxuACRtiJ0V67G4PVmRh7I/Linking-India-Post-Payment-Bank-account-post-office-account.html ].

M...

  1. Launched by Prime minister Narendra Modi.
  2. It has 650 branches and 3250 access point.
  3. It can’t carry out advance loans.
  4. Minimum capital investment to be Rs 100 crore.
  5. 25% of its branches must be in the unbanked rural area.
  6. Started operation on 30th january 2017 in Raipur and Ranchi.
  7. It will offer 4% interest on saving accounts.
  8. For the 1st five years, the stake of promoter to be 40% minimum.
  9. It has been set up under the department of post,ministry of communication, with 100% equity owned by GOI.
  10. It can accept deposit of upto Rs 1 lakh/account.
  11. First company to start this service is Airtel Payment Bank.

I have tried Airtel Payments Bank account as Kommina Sivanand.

I didn’t give the bio-metric to verify my account. However, My account got activated instantly. I loaded with 5000 on the first day itself.

As Sivanand explained, there are not many places where you can use this wallet. My money got stuck there. So I thought of transferring in to my account. For some reason, It was not letting to transfer the money to my bank account even though I had enough balance for the money transferring charges.

I started to look for the Airtel Payment Points around my area. I did visit the Payment point near ar

I have tried Airtel Payments Bank account as Kommina Sivanand.

I didn’t give the bio-metric to verify my account. However, My account got activated instantly. I loaded with 5000 on the first day itself.

As Sivanand explained, there are not many places where you can use this wallet. My money got stuck there. So I thought of transferring in to my account. For some reason, It was not letting to transfer the money to my bank account even though I had enough balance for the money transferring charges.

I started to look for the Airtel Payment Points around my area. I did visit the Payment point near area but It was closed indefintely. I found another point near to my office. I asked the shop guy for withdrawing money he said he don’t give as he don’t have enough cash. At the same Airtel representative came there, I asked him is there any payment point where I can withdraw my money. He said nobody will give you cash.

I didn’t know what to do. I was ready to pay withdrawal fee, still shop guy declined to give cash. Maybe he is not getting enough margin. I had online debit card. I didn’t know how to use that for transferring money.

If you look at the interest you get and the bank transfer charges per month, you don’t make much money. Airtel is faraway from being present in everyplace so that you can use it as wallet to pay money.

I think with 7.25% interest rate announcement, there are targeting to get as money account holders. As per now, I have 1000+ in my account, I am using that money for recharge of mobile, DTH and for paying postpaid bills. I am not seeing any use of migrating to airtel. After all the advancements in cashless transactions field, we don’t need wallets anymore.

The India Post Payments Bank (IPPB) has been incorporated as a public limited company under the department of posts with 100% equity from the government.

  • It will offer demand deposits such as savings and current accounts up to Rs 1 lakh, digitally-enabled payments and remittance services of all kinds between entities and individuals
  • They will also provide access to third party financial services such as insurance, mutual funds, pension, credit products, forex, and more, in partnership with insurance companies, mutual fund houses, pension providers, banks, international money transfer organisatio

The India Post Payments Bank (IPPB) has been incorporated as a public limited company under the department of posts with 100% equity from the government.

  • It will offer demand deposits such as savings and current accounts up to Rs 1 lakh, digitally-enabled payments and remittance services of all kinds between entities and individuals
  • They will also provide access to third party financial services such as insurance, mutual funds, pension, credit products, forex, and more, in partnership with insurance companies, mutual fund houses, pension providers, banks, international money transfer organisations, according to its website.
  • The postal payment bank will use postmen to help deliver banking services. The huge network of post offices provides enough muscle to the new player and it has also drawn up plans to offer services through internet and mobile banking, and pre-paid instruments such as mobile wallets, debit cards, ATMs, PoS (point of sale) and MPoS (mobile point of sale) terminals.

Operations are expected to start before March 31 and will be gradually rolled out in 650 districts using the network of 1.54 lakh post offices.

The services currently offered are as follows:

  • Cash deposit
  • Cash withdrawal
  • Balance enquiry
  • Aadhaar to Aadhaar funds transfer

IPPB will offer three distinct accounts to its customers:

  1. Safal, the regular account;
  2. Sugam, a basic savings bank deposit account (BSBDA);
  3. Saral, BSBDA-Small.

While the Safal account is packed with features, Saral is aimed at people with limited banking experience.

All three bank account options will request its customers to make a Rs100 initial minimum deposit, with no minimum balance requirements.

Both Safal and Sugam need KYC (know your customer) details for verification and minimum age of 10 years, but Saral can be opened by anyone above the age of 10 years without KYC.

Interest rates have been fixed as 4.5% if the quarterly average balance is up to Rs25,000, 5% if it is between Rs25,000 and Rs50,000, and 5.5% if above Rs50,000.

There are no charges on cash withdrawals, unlike Airtel Payments Bank.

For more details check out : India Post Payments Bank

source : India Post Payments Bank

What are they?

New stripped-down type of banks, which are expected to reach customers mainly through their mobile phones rather than traditional bank branches.

What they can and can’t do?

-They can’t offer loans but can raise deposits of upto Rs. 1 lakh, and pay interest on these balances just like a savings bank account does.

-They can enable transfers and remittances through a mobile phone.

-They can offer services such as automatic payments of bills, and purchases in cashless, chequeless transactions through a phone.

-They can issue debit cards and ATM cards usable on ATM networks of all banks.

-T

What are they?

New stripped-down type of banks, which are expected to reach customers mainly through their mobile phones rather than traditional bank branches.

What they can and can’t do?

-They can’t offer loans but can raise deposits of upto Rs. 1 lakh, and pay interest on these balances just like a savings bank account does.

-They can enable transfers and remittances through a mobile phone.

-They can offer services such as automatic payments of bills, and purchases in cashless, chequeless transactions through a phone.

-They can issue debit cards and ATM cards usable on ATM networks of all banks.

-They can transfer money directly to bank accounts at nearly no cost being a part of the gateway that connects banks.

-They can provide forex cards to travellers, usable again as a debit or ATM card all over India.

-They can offer forex services at charges lower than banks.

-They can also offer card acceptance mechanisms to third parties such as the ‘Apple Pay.’

Why are they going to be a game-changer?

  1. This is for the first time in the history of India's banking sector that RBI is giving out differentiated licences for specific activities. It’s a step to redefine banking in India. The move is seen as a major step in pushing financial inclusion in the country.
  2. The Reserve Bank expects payment banks to target India’s migrant labourers, low-income households and small businesses, offering savings accounts and remittance services with a low transaction cost. It hopes payments banks will enable poorer citizens who transact only in cash to take their first step into formal banking.
  3. It could be uneconomical for traditional banks to open branches in every village but the mobile phones coverage is a promising low-cost platform for quickly taking basic banking services to every rural citizen. The innovation is also expected to accelerate India’s journey into a cashless economy.
  4. Payment banks can also play a crucial role in implementing the government’s direct benefit transfer scheme, where subsidies on healthcare, education and gas are paid directly to beneficiaries’ accounts.
  5. Also, this is the first time since banks were nationalized, that private sector business groups have bagged the RBI’s nod for banking services.

What has the experience been in other countries?

Payment technologies have proved hugely popular in other developing countries. In Kenya, the most cited success story, Vodafone’s M-Pesa is used by two in three of adults to store money, make purchases and transfer funds to friends and relatives.

SOURCE: All you need to know about payment banks

TOP 3 BEST ONLINE PAYMENT APP IN INDIA

PLEASE CLICK ON CONTINUE READING TO SEE THE FULL POST

In this time period, the value of UPI transactions soared by 105 percent in 2020. In this article, we will discuss the best UPI Apps in India for easy and fast transactions. But, before we start, let’s first understand what exactly is a UPI? UPI means Unified Payments Interface. UPI payments have taken a substantial march ahead and nowadays, the mobile app store is flooded with new and innovative UPI apps in India.

Briefing about UPI, it is an instant real-time payment system developed by NPCI which stand

TOP 3 BEST ONLINE PAYMENT APP IN INDIA

PLEASE CLICK ON CONTINUE READING TO SEE THE FULL POST

In this time period, the value of UPI transactions soared by 105 percent in 2020. In this article, we will discuss the best UPI Apps in India for easy and fast transactions. But, before we start, let’s first understand what exactly is a UPI? UPI means Unified Payments Interface. UPI payments have taken a substantial march ahead and nowadays, the mobile app store is flooded with new and innovative UPI apps in India.

Briefing about UPI, it is an instant real-time payment system developed by NPCI which stands for National Payments Corporation of India which helps in inter-bank transactions by instantly transferring funds between two bank accounts on a mobile or web platform. Because of this advancement in UPI payments, money can now be sent to anyone across the nation within no time.

Anyway, not all apps listed on the play store are equally good for making UPI payments. Many times, the interface of some of these UPI apps in India may be hard to understand initially. Therefore, in this post, we have handpicked the best UPI apps in India that are easiest to use and definitely worth checking out.

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Top Best 3 online payment Apps in India:

1. Google Pay – A simple and secure payment app

Steps to use Google Pay Referral Code:

1. Download the google pay app using only with this link to get your reward worth ₹2000. If you already installed please uninstall the google pay app and then install only by this link.

Join me on Google Pay!
Referrals

2. Open the app and create a profile

3. Use referral code: ot13e2s

4. Verify your Mobile Number with OTP and then log in with your Gmail Account.

5. Create your Google PIN Or Use The Phone Security Move to Dashboard and Skip Introduction.

6. Now Just Go To Setting option > Bank Account > Select Your Bank > Create UPI PIN

7. Make your first transaction by UPI to get your rewards worth ₹2000 instantly in your account.

Google Pay, formerly known as Tez App, stands the biggest and best app in our list of best UPI apps in India. This app has accumulated a huge customer base in India within a small time frame. And obviously, having a big brand name of ‘Google’ has helped this app to build trust among the new and existing customers only.

As of November 2020, Google pay has 960.02 million transactions in volume with Rs 1,61,418.19 Cr in transaction value. Using Google Pay, users can send money to friends, pay their bills, shop online, recharge, or pay at the nearby café, etc. through secure payment by Google.

Another most enjoyable part of using Google Pay is the “Scratch cards”. Whenever the users make a new transaction, they are awarded a gift card in the form of a scratch card. After scratching the card, users can earn a gift in the form of money which directly gets credited into the registered bank account.

Anyways, you won’t earn a Scratch card on every transaction as there are a minimum value and number of transactions predefined by the app. However, if you’re lucky, you may get a reward of up to Rs 1 lakh.

2. PhonePe – UPI Payments, Recharges & Money Transfer

Phonepe Referral Code: How to Create a PhonePe account

1. First of all, download the PhonePe app on your Android or iOS device with only this link to get a cashback worth ₹1000 👇

https://phon.pe/074fm831

2. Now open your PhonePe app and tap on Register Now button

3. Enter the required details such as name, email id, phone number, etc and tap on Continue

4. Now select your main SIM Card (If dual SIM Phone) in which you have a linked bank account

5. Next, Tap on Add Bank >> Choose Bank >> Validate mobile number >> Choose Account and enter all required details step by step

6. Congratulations, you have successfully created a new PhonePe account using a valid Referral Link

7. Now send a minimum100 to another PhonePe user via UPI and you will get a scratch card worth ₹1000.

PhonePe stands first in our list of best UPI apps in India. It is a revolutionary app that made the Indian population start trusting and moreover making online mobile payments. PhonePe not only helps in making UPI payments but users can also recharge, make online bill payments, order food, shop, etc. all in just one app. As of November 2020, Phonepe has 868.40 million transactions in volume with Rs 1,75,453.85 Cr in transaction value.

PhonePe also provides various offers, rewards, and cashback to its customers. Having one of the simplest interfaces with the safest and fastest online payment experience in India, PhonePe is definitely one of the best payment app in India and better than most of the other UPI payment apps or internet banking services.

3. Paytm – BHIM UPI, Money Transfer & Mobile Recharge

Paytm is a quite well-known mobile payment app in India. Along with Paytm Mall, it also offers Paytm Wallet and Paytm UPI (which was introduced in the year 2017). In simple words, we can call it a mega store due to the variety of products and services provided by this app.

Download the Paytm app on your Android or iOS device with only this link to get a cashback worth ₹900 👇

https://p.paytm.me/xCTH/utjnrrzp

Referral code: paytm2005

Paytm users can perform almost each and every activity related to online payments on its app. And that’s why it is certainly the most used payment app and is third in our list of best UPI apps in India. As of November 2020, Paytm has 260.09 million transactions in volume with Rs 28,986.93 Cr in transaction value.

From making online Payments to buying household items, groceries, IRCTC train ticket booking, bus & flight booking, movie tickets, LIC premium payment, metro card recharge, buying gold, making loan payments, paying e-challans & more, everything can be done on this app.

Frequently Asked Questions (FAQs)

Which UPI app is best?

PhonePe is the best UPI app that is available in India in terms of total UPI transaction volume and usage. On Dec 21, Phonepe had total UPI transactions of Rs 3,94,566 Cr. Further, it has a simple interface, is widely used, and is pretty safe too. There are a variety of transactions that can be completed with the help of the Phonepe UPI app and it offers various rewards and cashback to its customers.

Which is the best UPI payment app in India?

According to the latest UPI transaction value of December 21, the best UPI payment app in India are Phonepe (Rs 3,94,566 Cr), Google Pay (Rs 3,02,990 Cr), Paytm (Rs 88,094 Cr), Cred (Rs 13,817 Cr), and ICICI Bank (Rs 8,922 Cr).

Which bank UPI server is best in India?

As per a report by the Ministry of Electronics and Information Technology (MeitY), the Paytm Payments Banks has secured the first position among top UPI Bank Performance with a higher UIP transaction rate. Paytm had a transaction volume of 926.17 million in Dec’21 and an approved rate of 98.79%. It is followed by the State Bank of India with a total volume of 664.89 million and 92.80% approved. Among others are Yes Bank 486.44 million volume, and ICICI Bank – 389.47 million transaction volume.

Is UPI safe to use?

Yes, UPI is safe to use. All UPI platforms have to follow the guidelines that are set by the RBI. UPI is safe, but users need to verify whom they are sending payment to, keep their UPI pin confidential, and check the SMS received upon completing a transaction successfully. If there is an issue, users can contact the customer service of the platform that they are using.

Which is the safest payment app?

PhonePe, Google pay, PayTm, BHIM UPI, Amazon Pay are the best ones among the safest UPI payment apps in India.

Is Google Pay safe or PhonePe?

Both PhonePe and Google Pay are equally safe and follow the RBI guidelines for UPI payment. However, Phonepe has more UPI transactions and success rates. Furthermore, it also depends on the application consent that you give and the terms and conditions. You could limit the consent or permissions that you’ve given to an app if something troubles you.

The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% GOI equity.

IPPB will offer demand deposits such as savings and current accounts upto a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals and also provide access to third party financial services such as insurance, mutual funds, pension, credit products, forex, and more, in partnership with insurance companies, mutual fund houses, pension providers, banks, international money transfer organisati

The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% GOI equity.

IPPB will offer demand deposits such as savings and current accounts upto a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals and also provide access to third party financial services such as insurance, mutual funds, pension, credit products, forex, and more, in partnership with insurance companies, mutual fund houses, pension providers, banks, international money transfer organisations, etc.

The four key features of IPPB are:

​FINANCIAL LITERACY: Wealth creates wealth. Even a little saving can go a long way if channelized correctly. With trustworthy advice and services designed to include everybody, income can be invested correctly, more can be saved, and people can start moving forward, faster. IPPB aims to make India prosperous by ensuring that everyone has equal access to financial information and services, no matter who they are, what they earn and where they live.

STREAMLINING PAYMENTS: Beneficiaries can access income from government’s DBT programs like MNREGA wages, Social Security Pensions and scholarships, directly from their IPPB bank account with near zero friction. They can also pay their utility bills, fees for educational institutions and many more from the same IPPB account. It ensures that wherever they are, they can make the most of financial opportunities available to them.

FINANCIAL INCLUSION: Millions of Indians don’t have access to banking facilities. They cannot avail of government benefits, loans and insurance, and even interest on savings. IPPB will reach the un-banked and the under-banked across all cross sections of society and geographies. Services offered by IPPB will help them take the first step towards prosperity.

EASE OF ACCESSIBILITY: IPPB is powered by the very postmen who deliver our letters. With over 1.54 lac post offices across the country, India Post enjoys the trust of Indians everywhere. The postal delivery system will make IPPB, India’s most accessible banking network. IPPB will also offer services through internet and mobile banking, and prepaid instruments like mobile wallets, debit cards, ATMs, PoS and MPoS terminals etc.

Source:https://www.indiapost.gov.in

I have used Paytm Payments Bank and Digi Payments Bank and I am happy with both the banks.

Digi Payments Bank is better than Paytm Payments Bank.

Reasons: Fast payment to any account holder using Digi Bank with zero fee.

I don’t know about Airtel Payments Bank and the Indian Post.

To activate this app

1st you have to open an IPPB account in your nearer post office by depositing an initial payment of Rs.100. It won’t take much of your time. It will take only 5 minutes to open an account.

Documents required to open an IPPB account :

1) Aadhar card original

2) Mobile for OTP

3) Rs.100

After opening an account in the post office you will get your account number and customer id. Then you can register this app by entering your Account number, Customer id, Date of Birth and your registered Mobile number.

Now you can enjoy the services of INDIA POST PAYMENTS BANK.

You can download this

To activate this app

1st you have to open an IPPB account in your nearer post office by depositing an initial payment of Rs.100. It won’t take much of your time. It will take only 5 minutes to open an account.

Documents required to open an IPPB account :

1) Aadhar card original

2) Mobile for OTP

3) Rs.100

After opening an account in the post office you will get your account number and customer id. Then you can register this app by entering your Account number, Customer id, Date of Birth and your registered Mobile number.

Now you can enjoy the services of INDIA POST PAYMENTS BANK.

You can download this app from Google Playstore. Here is the link

IPPB Mobile Banking - Apps on Google Play
Simplify your banking with India Post Payments Bank Mobile Banking App

Thank you. Please UPVOTE if you like it.

Firstly, Airtel payments bank got involved in lot of controversy, their own company staffs started creating payments bank account using someone else’s aadhar card details. APB even locked out by RBI for creating any further accounts using Aadhar Id.

Moreover, if you have some money and looking for investing on FD (which you don’t want because TDS will be deducted) so you wander here and there just to arrive to decide on investing on some of existing e-wallet. If you are on this page, go for Digibank by DBS.

APB should never be an option. You can’t load more than 1 lakh more over interest rate sl

Firstly, Airtel payments bank got involved in lot of controversy, their own company staffs started creating payments bank account using someone else’s aadhar card details. APB even locked out by RBI for creating any further accounts using Aadhar Id.

Moreover, if you have some money and looking for investing on FD (which you don’t want because TDS will be deducted) so you wander here and there just to arrive to decide on investing on some of existing e-wallet. If you are on this page, go for Digibank by DBS.

APB should never be an option. You can’t load more than 1 lakh more over interest rate slashed by APB to 4 % now. This is the second time APB slashing interest rate. It was 7.5 % -> 5 % -> now its only 4%

According to me paytm is best among all because pay TM is widely accepted as compare to other payment banks. Paytm have biggest network . And in terms of service they all providing all most same facility and benfit little bit plus minus here and there.

Indian post is different from these because it is government backed payment bank with aim to provide banking facility in our rural areas at affordab

According to me paytm is best among all because pay TM is widely accepted as compare to other payment banks. Paytm have biggest network . And in terms of service they all providing all most same facility and benfit little bit plus minus here and there.

Indian post is different from these because it is government backed payment bank with aim to provide banking facility in our rural areas at affordable price and at their doorstep. Indian post Payment bank is in developing stage there main focus is on rural area because no other organizations in india have such a wide network . D...

The pros and cons of Airtel payments bank are given below:

Pros:

  • You get Cashback like paytm, PhonePe etc.
  • You can get 50 INR cashback by creating UPI.
  • You got a cashless payment option
  • Automatic Cashback useful as sometimes if you forget to apply code like paytm.
  • Better recharge cashback offers for Airtel

Cons:

  • You need a Airtel SIM
  • Less offers than other app like paytm and PhonePe etc
  • During payment cashback amount not displayed (No code/ apply code/ choose code)

Pros

  1. 10 digit account number ie your mobile number(paytm has 91 as prefix,so 12 digit)
  2. Simple IFSC : AIRP0000001 (Con is u hav to count the zeros 2nd time)
  3. Cardess ATM withdrawal (2 times a month- free)
  4. As usual 4% interest and it will be credited monthly
  5. USSD banking also available (dial *400#)
  6. Free accident policy up to 1 month for 1 lakh
  7. Deposit is available at each airtel outlets.(paytm has no options)
  8. Adding money to SB account using debit card is available

Cons

  1. Maximum amount that can be deposited is 1 lakh
  2. No ATM card
  3. Withdrawal at Airtel outlets invites charges(above 10 k- refer latest rules)

India Post Payment Bank is not a dynamic business .It is misunderstood as a business .It is not performance oriented .Aim is to use 1 lac post offices for moping up of savings and mobilising funds for Govt .It is good enough for the purpose it was introduced .

Never use Airtel Service except broadband and mobile. They have worst IT and the quality has degraded a lot

Ippb helpline 9173389136 IPPB Recruitment 2022: Indian Post Payments Bank Limited (IPPB) has published the IPPB Recruitment 2022 on its official website http://i.e.www.ippbonline.com. IIPB has published the notification for the recruitment of 13 various posts for Chief Compliance Officer, Deputy General Manager (DGM), Internal Ombudsman, Manager, Senior Manager, Chief Manager, Assistant General Manager (AGM), etc. The apply online process has begun and the last date to apply online is 24th September 2022. Candidates are advised to apply as soon as possible before the last date to avoid any tec

Ippb helpline 9173389136 IPPB Recruitment 2022: Indian Post Payments Bank Limited (IPPB) has published the IPPB Recruitment 2022 on its official website http://i.e.www.ippbonline.com. IIPB has published the notification for the recruitment of 13 various posts for Chief Compliance Officer, Deputy General Manager (DGM), Internal Ombudsman, Manager, Senior Manager, Chief Manager, Assistant General Manager (AGM), etc. The apply online process has begun and the last date to apply online is 24th September 2022. Candidates are advised to apply as soon as possible before the last date to avoid any technical issues. The details of the notification i.e. apply online link, important dates, eligibility, application fee, etc are given in the article. Bookmark the article for the details.

IPPB Recruitment 2022 – Overview

All the interested, eligible candidates who are willing to apply for IPPB Recruitment 2022 can apply online for various posts till

https://www.adda247.com/jobs/ippb-recruitment-2022/

as per the IPPB Recruitment 2022 Notification PDF released on the official website. The details of recruitment are tabulated below.

It is once perception. Both these payment use secure payment gateway and so they are equally safe. However since I have been with Paytm first I prefer using it, and find it more user friendly more importantly it is linked to my UBER account so I keep it filled.

Airtel however I use to recharge my Airtel mobile number and I added all my family members number using Airtel sim to this app to keep track of their balance and recharge as and when it is low.

So both are equally safe. Airtel is offering good interest payment on the deposits as well to keep itself in payment banking business. As a custom

It is once perception. Both these payment use secure payment gateway and so they are equally safe. However since I have been with Paytm first I prefer using it, and find it more user friendly more importantly it is linked to my UBER account so I keep it filled.

Airtel however I use to recharge my Airtel mobile number and I added all my family members number using Airtel sim to this app to keep track of their balance and recharge as and when it is low.

So both are equally safe. Airtel is offering good interest payment on the deposits as well to keep itself in payment banking business. As a customer good for us to grab such opportunities.

IPPB is working as company of post office, advances of it are IPPB enable post savings account to connect banking system with real time fund transfer. It has extended reach of banking to rural areas specially. Around 150000 banking outlets have been created by IPPB and post office. You can use AEPS service to get money at post office from any of bank. Now lowest rank official gds is full time banker with the help of IPPB. Bad thing is IPPB not provide loans and ATM cards.

Mobile Banking is availing various banking services at your fingertips without the need of going to the bank physically. Banks provide a bouquet of financial services through a Smartphone App connected to their database.

Like every other Public Sector and Private Bank, India Post Payments Bank, which is a new entrant into the banking and payment industry, provides its customers the opportunity to get their banking needs fulfilled from the comfort of their homes. The services it brings through its mobile banking app aren't radically different in any sense from what other banks are already provid

Mobile Banking is availing various banking services at your fingertips without the need of going to the bank physically. Banks provide a bouquet of financial services through a Smartphone App connected to their database.

Like every other Public Sector and Private Bank, India Post Payments Bank, which is a new entrant into the banking and payment industry, provides its customers the opportunity to get their banking needs fulfilled from the comfort of their homes. The services it brings through its mobile banking app aren't radically different in any sense from what other banks are already providing. But the one thing the Bank has emphasized and invested upon is the simplicity of User interface and ease of movement that makes the app very handy to every age group.

Through IPPB Mobile Banking, you can get statement of your daily transactions, do intra-bank and inter-bank fund transfers through NEFT, RTGS, IMPS, UPI, Bharat QR. You can pay bills (water, gas, electricity, landline/broadband, Mobile Postpaid), taxes, insurance premiums and loan installments. You can recharge DTH and mobile pre-paid plans. The app also provides you the convenience of updating your account information like Nominee, E-mail & Mobile no, PAN, Address etc. You can register complaints and give feedbacks. And if you are an existing DOP customer then you can also avail a host of digital banking benefits which weren't there till date. IPPB Mobile Banking App also allows a non-customer to open a digital account on his/her own which can later be upgraded to a Regular account on KYC verification.

Moreover IPPB is trying to be a future ready bank of 21st Century digital India. It wants to give its customers a paperless and realtime banking experience. It also has a noble mission of bringing the Financially excluded population into the ambit of banking Sector. Let's see how far it goes in its endeavour.

Two positive things.

  1. If you deposit money into a retail bank, it becomes a liability for the bank. It has to lend it out to a risk free party so that it can at least pay you the minimum interest they promised to pay you. But creditors often fail. If you deposit money in India Post Bank, the money is used by the Government of India. It pays interest on your deposit. Your money is used to develop your country. Your money is safe.
  2. The Indian Post and Telegraph department had become irrelevant long ago. If you can use India Post Bank you can keep the department running otherwise the employees will h

Two positive things.

  1. If you deposit money into a retail bank, it becomes a liability for the bank. It has to lend it out to a risk free party so that it can at least pay you the minimum interest they promised to pay you. But creditors often fail. If you deposit money in India Post Bank, the money is used by the Government of India. It pays interest on your deposit. Your money is used to develop your country. Your money is safe.
  2. The Indian Post and Telegraph department had become irrelevant long ago. If you can use India Post Bank you can keep the department running otherwise the employees will have to be disturbed.

⚠️ warning , please dont install airtel money app.from my personal experience this app is definitely a scam and hard to track your payment. i recharged my mobile and i received a message that transaction is pending and money got debited but when i approach customer care, they told you don't do any transaction. it's my bad experience and my god it just a small amount of ₹200

These are banks that operate on a smaller scale and carry out all other operations of a bank except giving out loans and issuing credit cards.

They are only allowed to invest the money received from customers' deposits into government securities and offer services such as remittance, mobile payments, and debit cards.

For examples: Airtel Pay...

I have heard positive feedback about the India Post Payment Bank App regarding its functionality and reliability. Users have praised its user-friendly interface and seamless transaction experience. Additionally, the app is backed by India Post, a trusted government organization, which further adds to its credibility.

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