WhatsApp Payments vs Google Tez vs PhonePe vs Paytm vs BHIM – Who’s The Winner?
We conducted a thorough investigation of various mobile wallets in India to find out which one is best for you.
![Which mobile wallet is the best in India?](https://trak.in/wp-content/uploads/2018/06/Digital-Payments-Banner-3.jpeg)
Facebook-owned WhatsApp has started rolling out its in-app UPI payments recently, and the WhatsApp Payments feature is now available to the masses. The Indian e-payments place is already overcrowded with multiple players, and the number of operators are growing day by day.
Currently, with over a dozen of them operating in the Indian digital space, WhatsApp has a huge advantage over the others with its massive user base. WhatsApp Payments will be going against some of the top-performing digital payments carriers like Google Tez, Flipkart backed PhonePe, Paytm, BHIM and more.
With so many options available in the market, which one offers the best features, or which one suits you the most? Here is a complete analysis.
![Google Tez](https://trak.in/wp-content/uploads/2017/09/Google-Tez-Launched-Opt.jpg)
Contents
Google Tez
Powered by internet giant Google, Tez is a digital payments app based on NPCI’s UPI platform. Unlike other UPI-based payment wallets, Google Tez is not a wallet and allows the money to be directly transferred to bank accounts and not to any wallet.
Availability
iOS & Android
Daily Limit
More Than 20 Times a Day
Maximum Limit
More Than Rs 1 Lakh
Extra Features
Electricity, Phone Bills, DTH & More
UPI Transactions
Available
Bank Transfer Charges
Nil
![BHIM](https://trak.in/wp-content/uploads/2017/02/Bhim-App-Header.jpg)
BHIM
The first UPI based app, Bharat Interface for Money or BHIM lets users send and receive money directly to their bank accounts using Unified Payments Interface (UPI). BHIM uses UPI and also has a QR code available with the BHIM app to make and receive payments.
Daily Limit
Rs 20,000 per transaction
Maximum Limit
Rs 20,000 per day
Extra Features
Scan & Pay, Request Money & More
UPI Transactions
Available
Bank Transfer Charges
Nil
![Whatsapp Payments](https://trak.in/wp-content/uploads/2018/06/WhatsApp-New-Features-Opt-1.jpg)
WhatsApp Payments
WhatsApp has partnered with four leading Indian banks to support its Payments feature in the country. Already joined by HDFC, ICICI and Axis, SBI will join the platform later when necessary systems are in place. Backed by Facebook, one can directly send and receive money via WhatsApp to and from their bank accounts.
Daily Limit
Rs 5,000 per transaction
Maximum Limit
20 Times a Day
Extra Features
Send Money, Request Money & More
UPI Transactions
Available
Bank Transfer Charges
Nil
Flipkart PhonePe
Backed by India’s largest e-commerce company Flipkart, PhonePe was initially launched as a digital payments-only platform. With UPI under its cap, one can send and receive money directly to and from bank accounts at zero charges. They a wallet available as well, and also allows DTH, Electricity, Phone bill payments.
Daily Limit
20 Times a Day (UPI)
Maximum Limit
Rs 10,000 (Wallet)
Rs 1 Lakh (UPI)
Extra Features
Electricity, Phone Bills, DTH & More
UPI Transactions
Available
Bank Transfer Charges
Nil
![Paytm](https://trak.in/wp-content/uploads/2017/11/Paytm-Banner.jpg)
Paytm
India’s current number one digital payments player is Paytm. Launched in 2010, Paytm has a complete ecosystem available on its app. From a normal wallet to UPI based transfers to a Payments Bank to options to book movie tickets, pay electric bill or book a flight or even text with your friend. Paytm hall all the features available on a payments app you will ever need.
Daily Limit
20 Times a Day (UPI)
No Limit (Wallet)
Maximum Limit
Rs 1 Lakh (Wallet)
More Than Rs 1 Lakh (UPI Bank Transfer)
Extra Features
Payments Bank, UPI Payments, Movie Tickets, Flight Booking, Bus Tickets & More.
UPI Transactions
Available
Bank Transfer Charges
Nil
So, Who’s The Best?
In terms of ease and availability, Paytm is most suitable digital payments app to be used in India. With literally every feature Paytm has, there’s no alternative available in the market in terms of versatility. From bus, flights, movie bookings to a digital bank, Paytm is the best suit. Google Tez also features multiple options with no hassle of a wallet.
If you want a platform with all the features at one place, Paytm is a definite choice, but if you don’t want the hassle of an extra e-wallet, Google Tez is the best choice for you.
Paytm is good app but as per UI convenience Phonepe is the best. Google Tez became popular due to rewards and the brand effect of Google there is nothing more in that app. Phonepe got the most unique feature like self bank transfer. None of the other app got this feature. As per me Phonepe app is flexible and Winner of all.
Great Article
nice post