Top 10 Mobile Wallets in India

by November 30, 2016 0 comments


4. Vodafone m paisa Mobile wallet
Transfer money through IVR, but setting it up is a tedious process and also costs some money!


Vodafone m Paisa is another mobile wallet which supports a variety of useful features. You can pay all your bills; recharge any prepaid mobile number, DTH, Data Cards, etc. Besides this, the application lets you transfer money to a bank account through IVR service. You need to dial *400# and follow the further steps to make the transaction. You can also send the money to a phone number and the person can withdraw the amount from them paisa agents across the country. Vodafone has over 8,500+ m paisa agents across various cities. The other person needs to show the SMS and an ID proof to withdraw the cash. The app lets you pay all your bills and even transfer money to a bank account through IVR.

However, we did not find any option to schedule our transactions and to check the transaction history. Moreover, the process to set up the m paisa account is quite an old school. Vodafone customers need to visit an ‘M-Pesa’ agent outlet, fill up the form, submit identity, address proofs and deposit Rs.100 to set up the account.  Vodafone will deduct Rs. 75 as activation fee and the remaining will be credited as balance. The other mobile wallets don’t involve any such process and make things quite easy.

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