In 2022, 5 Best & Secure UPI Payment Apps In India

Before we get started, let's define what a UPI app is. The acronym UPI stands for Unified Payments Interface. UPI payment apps have made significant progress, and the mobile app store in India is now crowded with new and innovative UPI apps. In case you're unfamiliar with UPI, it's an instant real-time payment system created by NPCI (National Payments Corporation of India) that facilitates inter-bank transactions by quickly transferring funds between two bank accounts via a mobile or web platform.

 Money may now be transmitted to anyone across the country in a matter of minutes thanks to this innovation in UPI payments. In any case, not all of the apps available on the Google Play Store are suitable for processing UPI payments. One of the major concerns many people have is, are payments with UPI app is safe and secure? Yes, using UPI is risk-free. The RBI has established criteria that must be followed by all UPI services. UPI is safe, but users should double-check who they're sending money to, keep their UPI pin private, and examine the SMS they get after a successful transaction. You can contact the customer care of the platform they are using if they have a problem.

The user interface of some of these UPI apps in India can be difficult to grasp at first. As a result, we've compiled a list of the best UPI apps in India that are both simple to use and worth checking out.

1.       Bajaj Finserv app

An up and coming payment app, Bajaj Finserv app has recently launched UPI payment. With the Bajaj Finserv app one can easily pay all their monthly bills and recharges with UPI. The app allows for easy UPI ID creation and payments. With the plethora of offers and promotional discounts on the app, the app allows for easy savings on your payments. You can download the app from both android and iOS play store.

2.       Google pay

In our list of the best & Secure UPI apps in India, Google Pay, formerly known as Tez App, is the largest and one of most downloaded app. In a short period of time, this app has amassed a sizable consumer base in India. Having a huge brand name like 'Google' has undoubtedly helped this app gain trust from new and existing clients. The "Scratch cards" are another appealing feature of Google Pay. Users are given a gift card in the form of a scratch card whenever they make a new purchase. Users can earn a present in the form of money by scratching the card, which is directly credited to the registered bank account.

3.       Phonepe

In our ranking of the best & Secure UPI apps in India, PhonePe comes in first. It is a game-changing app that has prompted the Indian public to begin trusting and, more importantly, making online mobile payments. PhonePe allows users to not only make UPI payments, but also recharge their phones, pay their bills online, order food, and shop all in one app. PhonePe also gives its consumers with a variety of discounts, prizes, and cashback. PhonePe is one of the greatest payment applications in India, and it is superior than most other UPI payment apps or internet banking services. It has one of the simplest interfaces with the safest and fastest online payment experience in India.

4.       Paytm

In India, Paytm is a well-known mobile payment app. It also offers Paytm Wallet and Paytm UPI in addition to Paytm Mall (which was introduced in the year 2017). Because of the wide range of products and services offered by this app, we can term it a megastore. On the Paytm app, customers may do practically everything that has to do with online payments. As a result, it is the most widely used payment app in India, ranking third on our list of the best UPI apps in India. Making online payments, buying groceries, IRCTC train tickets, bus & aircraft tickets, cinema tickets, LIC premium payment, metro card recharge, buying gold, making loan payments, paying e-challans, and more are all available.

5.       Amazon Pay

Having Amazon as a big brand certainly helped Amazon Pay scale so quickly in India in such a short period of time. Amazon Pay has recently become the favorite of UPI payers because to its integration with most shopping and payment channels, as well as its fantastic cashback offers.

With the introduction of the UPI payment app, the progress of payment technology has made it evident that we want payments that are quick, easy, safe, and straightforward. In today's fast-paced lifestyle, mobile payments and UPI apps are developing as the needed solution.

Consumers in India stand to profit the most from numerous offers and promotions, thanks to the market cap required by NPCI and a competitive marketplace with multiple new competitors. We anticipate teamwork to support future features that allow users to send money overseas. To accommodate the different demands of customers, the mobile payments sector will continue to expand and change.