UPI (Unified Payments Interface) is an instant real-time payment system which is developed by the National Payments Corporation of India. Unified Payments Interface facilitates inter-bank transactions. The interface is regulated by RBI (Reserve Bank of India, India’s central bank). With this, you can instantly transfer funds between two bank accounts on a mobile phone. In this article, you will get to know about the best UPI app in India 2021.
Digital payment is increasing every day after demonetization in India. Do you want to know the best UPI app with cashback 2021? Which UPI app is the best? Which UPI app giving cashback? And which UPI app gives more cashback? If your answer is yes then this post is for you. So, let’s try to find an answer to the question “Which app is best for UPI?”
Table of Contents
What is UPI?
UPI stands for Unified Payment Interface. It is a single-window mobile payment system that merges different banking features and services under one umbrella.
This platform allows the transfer of funds from one bank account to another instantly using a mobile phone. Real-time payments can be made via an app on a mobile device only. You can use UPI for money transfer 24×7 basis.
Benefits of UPI
Following are some benefits of using Unified Payment Interface
1. Quick, hassle-free way of money transfer.
2. You can transfer money from anywhere and at any time.
3. You can operate multiple bank accounts with a single App.
4. No need to provide the Account number, IFSC Code, etc. for payment.
5. Require mobile number or UPI ID for carrying out a transaction.
6. Easy payment of your utility bills.
7. No transaction charge will be applied.
8. Real-time transfer of funds.
Top 7 Best UPI App in India 2021
With the multiple UPI apps available in India, it can be tricky to choose the best UPI Application in India 2021. To ease you from this effort, we have compiled the top 7 best UPI apps in India.
1. Google Pay
2. PhonePe
3. Paytm
4. BHIM App
5. Amazon Pay
6. BHIM SBI Pay
7. MobiKwik
Ratings of UPI Application
| UPI Application | Rating on Google Play Store | Rating on Apple App Store |
| Google Pay | 4.1 | 4.3 |
| PhonePe | 4.4 | 4.6 |
| Paytm | 4.5 | 4.7 |
| BHIM App | 4.2 | 4.3 |
| Amazon Pay | 4.4 | 4.6 |
| BHIM SBI Pay | 4.2 | 3.8 |
| MobiKwik | 4.2 | 4.7 |
Best UPI Application
Let us discuss each of these top best UPI apps in India in detail:
Google Pay
Google Pay, formerly known as Tez, is one of the best UPI payment app in India 2021. The Google pay is just a UPI application that does not provide a wallet facility. It has a very unique feature that you can operate in several Indian languages like Hindi, Tamil, Gujarati, Kannada, Bengali, Telugu, and Marathi.
Google Pay provides a very quick and simple way to send or receive money. It is one of the most preferred money transfers and the best UPI cashback app. That is why it has outgrown many other payment apps like Paytm and PhonePe.
Key Features
1. Earn scratch cards on payments or purchases done through Google Pay.
2. It requires authentication for every single payment.
3. Discover nearby restaurants.
4. It shows a unique Virtual Account number at the time of payment instead of your card number.
5. QR code payments
6. Screen lock for security.
Phonepe
PhonePe has made it to the top 5 best UPI application in India 2021. It is an Indian company that was founded in December 2015 by Rahul Chari, Burzin Engineer, and Sameer Nigam. It has a registered user base of over 293 million and is accepted in 11,000 towns.
You can make payments at more than 19 million stores, websites, and apps. Easy transfer of funds from a bank account to Phonepe wallet and vice versa using UPI ID. You spend a maximum of Rs.1 lakh per transaction on PhonePe. This is also one of the best UPI app for cashback.
Key Features
1. Receive and send money
2. Bank Balance Checking
3. Credit & Debit Card payment option
4. QR code payments
5. App to Bank Account Transfer and vice versa
6. Wallet facility
Paytm App
Paytm most popular and one of the best UPI app 2021. The Paytm is an Indian company owned by One97 communication limited. It was founded by Vijay Shekhar Sharma in the year 2009. It has its headquarters in Noida, UP.
Paytm was first launched as Mobile Wallet, but over a period of time more and more features are added. Now Paytm has become India’s largest digital bank. You can book movie tickets and make investments in gold and mutual funds through this application.
Key Features
1. Receive and pay funds
2. Wallet facility
3. QR code scanning
4. Mobile recharge
5. Bills payments
6. Loans
7. DTH recharge
8. Gas bookings
9. Travel tickets
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BHIM App
BHIM (Bharat Interface For Money) is an Indian application developed by NPCI (National Payments Corporation of India). It is a mobile payment app based on the Unified Payments Interface. BHIM was launched on December 30, 2016. It is quite easy to use this application.
Anyone with a bank account can register on BHIM. You can transfer money to your friends, relatives and make payments at retailers and online shopping. BHIM is very safe to use as it is an Indian Government application. We hope now you got an answer to your question, “Which UPI app is best and safe?”
Key Features
1. Send and receive funds
2. Pay bills
3. Book flight tickets
4. Mobile recharge
5. Scan and pay using QR code
6. Also, send money using account number and IFSC code
7. Screen lock for security
Amazon pay
Amazon Pay is one of the best rewarding UPI app. This best UPI app offers ample cashback and discount. Amazon Pay is an online payment processing service, which is owned by Amazon. Which helped Amazon Pay to gain huge popularity within a short period.
There is no specific dedicated application for Amazon Pay. Unified Payment Interface function comes within the Amazon Shopping application. Amazon pay comes with many features includes funds transfer, bill payments, gift cards, recharge, and more. Amazon Pay is safe and secure. .
Key Features
1. Send & Receive payments
2. Lots of cashback rewards
3. Mobile recharge
4. Bills payments
5. Travel, Insurance, and more
6. Gift cards
7. QR code scanning
BHIM SBI Pay
BHIM SBI Pay is one of the best BHIM UPI app for fund transfer. It is developed by the State Bank of India which organically adds up to its reputation in the market. SBI has developed this app for android and iOS users for managing Unified Payment Interface requirements.
This application comes with a clean interface which makes it easy to use even for the first-time user. With this application, you can easily transfer and manage your funds. BHIM SBI gives you many offers and cashback which makes it a perfect choice. With this, you can also check your bank account balance within few clicks.
Key Features
1. Send and receive money.
2. Offers and cashback
3. Balance check
4. Electricity bill payment
5. Utility bills payment
6. Mobile recharge
7. Tickets bookings
MobiKwik
MobiKwik is one of the best cashback UPI app in India as it gives good deals in the form of Supercash. The MobiKwik is a financial services company. It was founded by a couple in the year 2009. MobiKwik has all the features any good UPI application would have.
MobiKwik has one unique feature that you can get a loan of up to Rs.5 lakh without any paperwork. With Mobikwik you can generate your UPI- powered personal payment links. With this link, you can receive money from other Unified Payment Interface apps.
Key Features
1. Wallet facility
2. Personal payment link
3. IMPS money transfer facility
4. Investments in Mutual funds
5. Bills payments
6. Expense manager
7. Insurance
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Frequently Asked Questions
1. What is UPI (Unified Payment Interface)?
Unified Payment Interface is an instant payment system that merges various banking services and features under one roof. It allows you to instantly transfer funds between any two parties bank accounts.
2. Is UPI safe?
Yes, it is safe when it is compared to Debit/Credit payments. Because anybody can see your card PIN while making payments for shopping.
3. Which is the best UPI app in India?
To make your task easier, we have assimilated the list of 7 best UPI application in India.
4. Which is the safest UPI app in India?
In this article, we have explained 7 apps that are best and safe.
5. Which UPI app is best for cashback?
Google Pay, Amazon Pay, PhonePe, Paytm, and MobiKwik are some of the best cashback apps.
Final Thoughts
So, the above listed are the best UPI app in India. I hope now you got answer to the question “Which one is best UPI app?” UPI is very safe and secure when compared to other payment options. I use Google Pay, Paytm and Amazon Pay for all my UPI payment requirements. You can also try these for your requirements. Please comment below which UPI app is better for you.
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