Most Used Online Payment Applications In World


2024/09/24 16:45:54 IST

UPI (India)

    Unified Payments Interface (UPI) is India’s most popular digital payment system. UPI’s high transaction speed and widespread adoption have made it a cornerstone of India’s digital economy.

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Skrill (Global)

    Skrill is a widely used digital wallet service that allows users to make payments and money transfers online across the globe.

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GCash (Philippines)

    GCash is a leading mobile wallet in the Philippines, allowing users to pay bills, buy load, send money, and shop online. GCash has become an essential tool for financial inclusion in the Philippines, providing access to banking services for the unbanked population.

Credit: X

Momo (China)

    Momo is a popular Chinese mobile payment service, primarily used for social networking and gaming transactions. While not as widely known as Alipay or WeChat Pay, Momo is significant in niche markets, particularly among younger users

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IBPS (China)

    Interbank Payment System (IBPS) is a Chinese real-time payment system that facilitates instant fund transfers between banks. IBPS plays a crucial role in China’s financial infrastructure, enabling fast and reliable interbank transactions.

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Pix (Brazil)

    Pix is Brazil’s real-time payment system, developed by the Central Bank of Brazil, offering 24/7 instant payments. Pix has quickly become the dominant payment method in Brazil, thanks to its convenience and no-fee structure for individuals.

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Alipay (China)

    Alipay is China’s leading digital payment platform, widely used for everything from shopping to utility payments. Integrated deeply into Chinese society, Alipay is a crucial part of the country’s cashless economy.

Credit: Pinterest

PayPal (Global)

    PayPal is one of the world’s most recognized digital payment platforms, offering online money transfers and payments. PayPal is widely trusted for its secure transactions and is accepted by millions of businesses worldwide.

Credit: Pinterest

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