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Top Mobile Payment Companies and Startups in India (2021)

This article showcases our top picks for the best India based Mobile Payment companies. These startups and companies are taking a variety of approaches to innovating the Mobile Payment industry, but are all exceptional companies well worth a follow.

We tried to pick companies across the size spectrum from cutting edge startups to established brands.

We selected these startups and companies for exceptional performance in one of these categories:

  • Innovation
    • Innovative ideas
    • Innovative route to market
    • Innovative product
  • Growth
    • Exceptional growth
    • Exceptional growth strategy
  • Management
  • Societal impact

Top India Mobile Payment Companies

Data sourced from Crunchbase and SemRush.

Paytm

Paytm

Crunchbase Website Twitter Facebook Linkedin

Paytm is a payment gateway that provides payment services for customers and merchants.

Perpule

Perpule

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Perpule’s UltraPOS is a cloud based, mobile POS system that substantially improves the billing and checkout process at your stores.

Cashfree

Cashfree

Crunchbase Website Twitter Facebook Linkedin

Cashfree is a payments and banking technology company that enables businesses in India to collect payments online and make payouts.

MobiKwik

MobiKwik

Crunchbase Website Twitter Facebook Linkedin

MobiKwik is India’s leading fintech platform, operating businesses in consumer payments, payment gateway, and financial services.

True Balance

True Balance

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True Balance is a digital wallet that enables users to access utility bill payment and other financial products.

Paytm Payments Bank

Paytm Payments Bank

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Paytm Payments Bank is a mobile-first bank with zero balance-zero digital transaction charge accounts.

JUSPAY

JUSPAY

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Juspay is a developer of an online platform designed to be used for mobile-based payments.

One97

One97

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One97 delivers mobile content and commerce services to its customers.

YAP

YAP

Crunchbase Website Twitter Facebook Linkedin

YAP is the API Platform for Banking and Payments products in Asia. More than 200 Fintechs across Asia rely on YAP

Avail Finance

Avail Finance

Crunchbase Website Twitter Facebook Linkedin

Avail is a mobile-first platform aiming to financially include the urban mass of India.

Financial Software & Systems

Financial Software & Systems

Crunchbase Website Twitter Facebook Linkedin

Financial Software & Systems (FSS), is a global comprehensive payments technology provider.

ftcash

ftcash

Crunchbase Website Twitter Facebook Linkedin

ftcash empowers the underserved micro-merchanrs through financial inclusion using digital payments and loans.

Epifi

Epifi

Crunchbase Website Twitter Facebook Linkedin

Epifi is a digital banking solution that will be focusing on young millennial workers.

InstantPay

InstantPay

Crunchbase Website Twitter Facebook Linkedin

Financial Services for Larger India

ToneTag

ToneTag

Crunchbase Website Twitter Facebook Linkedin

Enabling Contactless Payment on any device

RedCarpetUp

RedCarpetUp

Crunchbase Website Twitter Facebook Linkedin

RedCarpet lends to customers in India to finance their online purchases – ecommerce, travel, etc.

SmartQ

SmartQ

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SmartQ designs a mobile application that digitizes food courts and cafeterias and provide an enhanced experience.

TranServ

TranServ

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TranServ is serving a variety of organizations and individuals to make payments processes easy & safe.

Clix Capital

Clix Capital

Crunchbase Website Twitter Facebook Linkedin

Clix Capital provides commercial finance services intended to provide commercial lending and lease facilities.

OlaMoney

OlaMoney

Crunchbase Website Twitter Facebook Linkedin

OlaMoney which provides mobile payments.

Citrus Payment Solutions

Citrus Payment Solutions

Crunchbase Website Twitter Facebook Linkedin

Citrus Payment Solutions provides consumer payments and mobile banking services.

Payswiff

Payswiff

Crunchbase Website Twitter Facebook Linkedin

PaySwiff is India’s leading omni channel transactions solution provider to small, medium and large enterprises.

SIFIPAY.COM

SIFIPAY.COM

Crunchbase Website Twitter Facebook Linkedin

SIFIPAY is one of the fastest growing payment solution providers in India. Funds collections & Payouts were never so easy !!

MoneyOnMobile

MoneyOnMobile

Crunchbase Website Twitter Facebook Linkedin

MoneyOnMobile is India’s largest mobile payment platform that facilitates safe and easy financial transactions to millions of Indians

Zerone Microsystems Private Limited

Zerone Microsystems Private Limited

Crunchbase Website Twitter Facebook Linkedin

We convert smartphones into a POS machine using our ZUP proximity payment technology, with no additional hardware and no need for NFC.

Eroute Technologies Private Limited

Eroute Technologies Private Limited

Crunchbase Website Twitter Facebook Linkedin

Card-based consumer payment company with a mission to redefine spending experiences in pre-banked & under-banked segments of our society.

POKKT

POKKT

Crunchbase Website Twitter Facebook Linkedin

POKKT is an Alternate Mobile Payment Platform that helps owners of Paid Digital Goods and Services to monetise thier users through an

Chillr

Chillr

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Chillr is a mobile and web application that allows users to send money directly between bank accounts using just the mobile number.

Eko

Eko

Crunchbase Website Twitter Facebook Linkedin

Eko India Financial Services provides a low cost infrastructure to enable instant, secure and convenient financial transactions.

Momoe Technologies

Momoe Technologies

Crunchbase Website Twitter Facebook Linkedin

Mobile payments for real life merchant interactions.

Trupay

Trupay

Crunchbase Website Twitter Facebook Linkedin

Truepay is a secured bank agnostic-platform that offers financial services to its customers.

ePaisa - enabling commerce

ePaisa – enabling commerce

Crunchbase Website Twitter Facebook Linkedin

ePaisa is an Ai & ML based Point of Sale with payment acceptance, inventory & more.

Raincan

Raincan

Crunchbase Website Twitter Facebook Linkedin

Raincan is a subscription based service provider for morning and breakfast essentials.

LivQuik

LivQuik

Crunchbase Website Twitter Facebook Linkedin

LivQuik provides a complete suite of Prepaid Payment products

NumberMall

NumberMall

Crunchbase Website Twitter Facebook Linkedin

NumberMall is born with a vision to tech-enable the small merchant.

obopay

obopay

Crunchbase Website Twitter Facebook Linkedin

Obopay is a mobile application that allows consumers and businesses to purchase, pay, and transfer money through any mobile phone.

Mera Cashier

Mera Cashier

Crunchbase Website Twitter Facebook Linkedin

Mera Cashier is a mobile app which is useful for credit transactions (Udhar Khata) of entrepreneurs, businesses and shopkeepers.

Nupay

Nupay

Crunchbase Website Twitter Facebook Linkedin

NUPAY is a next generation ‘Neo Banking’ Business Payments Platform for Large Enterprises

EscrowFFRR

EscrowFFRR

Crunchbase Website Twitter Facebook Linkedin

Escrowffrr is a neutral, online and convenient escrow platform.

UDMATech

UDMATech

Crunchbase Website Twitter Facebook Linkedin

UDMATech Though the Business world intends to move towards cashless society, the payment transactions through Credit Card.

Swipesumo Technologies

Swipesumo Technologies

Crunchbase Website Twitter Facebook Linkedin

Swipesumo Technologies provides solutions for digital payment and mobile payment processing.

PayLatr

PayLatr

Crunchbase Website Twitter Facebook Linkedin

PayLatr.com is a mobile payments platform that enables recurring micro-credits to mid-income households.

TalkCharge Technologies Pvt Ltd

TalkCharge Technologies Pvt Ltd

Crunchbase Website Twitter Facebook Linkedin

TalkCharge is a unique portal facilitating users with Online Recharges, Bill Payments, Digital Wallet, E-GiftCards Voucher.

HOOPOUN

HOOPOUN

Crunchbase Website Twitter Facebook Linkedin

Hoopoun enables true Digitization through Digital Receipts, Payments & Unified Loyalty Rewards using blockchain and Artificial Intellingence

YPay Card

YPay Card

Crunchbase Website Twitter Facebook Linkedin

YPay Card is the new way to manage your money.

EMVANTAGE Payments

EMVANTAGE Payments

Crunchbase Website Twitter Facebook Linkedin

Emvantage offers an online payment gateway platform compatible with credit card, debit card, and net banking.

The Smart Shop

The Smart Shop

Crunchbase Website Twitter Facebook Linkedin

TheSmartShop is the flag ship retail agent format of Hermes I Tickets Private Limited.

Atom Technologies

Atom Technologies

Crunchbase Website Twitter Facebook Linkedin

Atom Technologies Limited is an end to end payment services provider. Is an omnichannel payment solutions over online and offline channels.

Aldopay

Aldopay

Crunchbase Website Twitter Facebook Linkedin

Mobile Wallet Focusing on hassle free checkout via Finger Print & OTP.

JustPay

JustPay

Crunchbase Website Twitter Facebook Linkedin

JustPay is a user-friendly payment network and platform.

Oxigen

Oxigen

Crunchbase Website Twitter Facebook Linkedin

Oxigen Wallet is committed to transform the way you pay.

Olly Smart Credit Card

Olly Smart Credit Card

Crunchbase Website Twitter Facebook Linkedin

Olly is a digital credit card for India’s working masses and young people.

Spunkmobile

Spunkmobile

Crunchbase Website Twitter Facebook Linkedin

Spunk Mobile is a Mobile Internet Network with a focus in Emerging Markets.

iServeU

iServeU

Crunchbase Website Twitter Facebook Linkedin

iServeU Next-Gen Payment Platform, Quick Remittance, Aadhaar Payment, Merchant Payment Solutions, Wallet.

OTC Payments - Micro ATM

OTC Payments – Micro ATM

Crunchbase Website Twitter Facebook Linkedin

OTC Payments – Micro ATM: a mobile application that allows its user to withdraw cash from their bank or wallet account without visiting atm

Fastticket.in

Fastticket.in

Crunchbase Website Twitter Facebook Linkedin

India’s Best Online Ticket Booking, Mobile Recharge & Utility Bill Payment Engine

KhaaliJeb

KhaaliJeb

Crunchbase Website Twitter Facebook Linkedin

UPI Payments & Student Discounts

Mallfort

Mallfort

Crunchbase Website Twitter Facebook Linkedin

Mallfort facilitates an online platform that enables its customers to find and purchase products from local stores.

Zup

Zup

Crunchbase Website Twitter Facebook Linkedin

Zup is a mobile payment application platform to transfer money online and offline.

Payubiz

Payubiz

Crunchbase Website Twitter Facebook Linkedin

Payubiz is a online payment solutions company.

Nelito Systems Ltd

Nelito Systems Ltd

Crunchbase Website Twitter Facebook Linkedin

Nelito has long established itself as a preferred IT solutions partner for the banking and financial institutions across emerging markets.

Primechain Technologies

Primechain Technologies

Crunchbase Website Twitter Facebook Linkedin

Primechain Technologies is a young Indian startup with the mission of “building blockchains for a better world”.

Chainflux

Chainflux

Crunchbase Website Twitter Facebook Linkedin

Chainflux is an end-to-end blockchain project development company that helps build efficient, agile, and trust-based businesses.

iKaaz

iKaaz

Crunchbase Website Twitter Facebook Linkedin

iKaaz is a Bangalore-based mobile payments solutions provider for enterprises and consumers.

Mrupee

Mrupee

Crunchbase Website Twitter Facebook Linkedin

MMP Mobi Wallet Payment Systems Limited (MMPL) is a fully owned subsidiary of Tata Teleservices Limited.

Newgen Payments

Newgen Payments

Crunchbase Website Twitter Facebook Linkedin

Newgen is a multi-channel e-commerce platform, international payment gateway (cloud-based & PCI-certified), and digital marketing company.

AtomX

AtomX

Crunchbase Website Twitter Facebook Linkedin

AtomX a revolution in which fans are center stage, connecting with events & brands at levels previously unheard of.

Dryfta

Dryfta

Crunchbase Website Twitter Facebook Linkedin

Attendee Registration, Ticket Payments, Social Seating & Abstract Management

Teknophile

Teknophile

Crunchbase Website Twitter Facebook Linkedin

Teknophile is Technology startup

India Transact Services Limited

India Transact Services Limited

Crunchbase Website Twitter Facebook Linkedin

ITSL has innovative payment solutions which is tailor made as per your payment needs.

Carmatec Inc

Carmatec Inc

Crunchbase Website Twitter Facebook Linkedin

Carmatec is aleading web and mobile apps development company with over 13+ years of experience in Advanced IT solutions.

Qarth

Qarth

Crunchbase Website Twitter Facebook Linkedin

Qarth has developed the mobile payment application X-Pay.

Zwitch Payments

Zwitch Payments

Crunchbase Website Twitter Facebook Linkedin

All in one developer payment platform

Imwallet

Imwallet

Crunchbase Website Twitter Facebook Linkedin

Mobile Recharge API and Bill Payment API Provider

Slonkit

Slonkit

Crunchbase Website Twitter Facebook Linkedin

Slonkit provides prepaid card services.

Exioms

Exioms

Crunchbase Website Twitter Facebook Linkedin

Exioms® is Business Innovation company.

Paymango

Paymango

Crunchbase Website Twitter Facebook Linkedin

PayMango brings power of internet and mobile to local businesses.

MobiSwipe

MobiSwipe

Crunchbase Website Twitter Facebook Linkedin

MobiSwipe is the most convenient mobile payment service that enables merchants to accept Credit & Debit card payments anywhere & anytime .

Currencykart

Currencykart

Crunchbase Website Twitter Facebook Linkedin

CurrencyKart.com is an online marketplace which aims to bridge the gap between Money changers and travelers.

Paymentz

Paymentz

Crunchbase Website Twitter Facebook Linkedin

One of the leading payment gateway service provider in India.

Qubecell

Qubecell

Crunchbase Website Twitter Facebook Linkedin

Simplified Mobile Payments

Rplanx Technology

Rplanx Technology

Crunchbase Website Twitter Facebook Linkedin

Seamless Technology Frontiers

MSS Payments

MSS Payments

Crunchbase Website Twitter Facebook Linkedin

MSS Payments is an international financial services technology company.

QPay

QPay

Crunchbase Website Twitter Facebook Linkedin

QPay India simple,secure payment gateway for online& mobile payments.

Techware Software Solutions Pvt Ltd

Techware Software Solutions Pvt Ltd

Crunchbase Website Twitter Facebook Linkedin

Techware Software Solutions is a IoT, Web and Mobile applications development company where technology meets creativity.

Unicorn Pay – Payment Gateway Provider

Unicorn Pay – Payment Gateway Provider

Crunchbase Website Twitter Facebook Linkedin

Unicorn Pay is an online Payment Gateway Services Provider for high risk businesses such as Technical Support, Pharmacy Business, etc

Intelegain Technologies

Intelegain Technologies

Crunchbase Website Twitter Facebook Linkedin

Intelegain Technologies, a leading mobile application development company can help you create the next gen app.

Walleto

Walleto

Crunchbase Website Twitter Facebook Linkedin

Walleto enables you to go cashless and pay with smartphone at physical stores like restaurants, salons & retail stores.

Cardsto Private Limited

Cardsto Private Limited

Crunchbase Website Twitter Facebook Linkedin

Cardsto is a software platform designed for financial service.

Ruplee I Pay Solutions Pvt Limited

Ruplee I Pay Solutions Pvt Limited

Crunchbase Website Twitter Facebook Linkedin

Ruplee is mobile payment app that allows you to pay at offline merchants with your phone.

Microchip Payments

Microchip Payments

Crunchbase Website Twitter Facebook Linkedin

Microchip payments is a mobile-based payment application and point-of-sale device

Ezee Pay

Ezee Pay

Crunchbase Website Twitter Facebook Linkedin

Ezee Pay provides mobile based payment solutions and data analytics.

Snappay

Snappay

Crunchbase Website Twitter Facebook Linkedin

Concierge desk to provide assisted services such as finding local handy man, bill payment, exclusive offers from restaurants and much more.

Transaction Analysts

Transaction Analysts

Crunchbase Website Twitter Facebook Linkedin

TA is a Fintech company provides transaction based model for wallet and Aadhaar services.

One Wallet Solutions

One Wallet Solutions

Crunchbase Website Twitter Facebook Linkedin

One Wallet helps small merchants of India to operate the business from their mobile phone and collect bills online.

CocoaPay

CocoaPay

Crunchbase Website Twitter Facebook Linkedin

CocoaPay is the easiest way for merchants to accept card payments from their customers.

RemitGuru

RemitGuru

Crunchbase Website Twitter Facebook Linkedin

RemitGuru offers cross border transfers/payments for both individuals and businesses.

TVX Games

TVX Games

Crunchbase Website Twitter Facebook Linkedin

TVX Games is a game developer and blockchain platform for F2P games monetizationusing distributed computing.

FidyPay

FidyPay

Crunchbase Website Twitter Facebook Linkedin

FidyPay are connecting Bharat (Rural & Semi Urban population) to India (Digital Economy) for multiple Financial & Payment Services.

Customer Inspire

Customer Inspire

Crunchbase Website Twitter Facebook Linkedin

Customer Inspire providing customer engagement, relationship management, sales analytics, loyalty marketing products, solutions & services.

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