E-wallets have become a well-known option for all tech enthusiasts due to the rise in technology and the cashless economy. Paytm and Freecharge are two popular e-wallet apps. In this article, we will compare the pros and cons of Paytm and Freecharge to help you determine which one is better.
What is Paytm?
Paytm is undoubtedly a massive application. While it initially started as a mobile recharging platform, it gradually expanded to include services for DTH, electricity, gas, shopping, and ticket bookings. This well-structured app is easy to use and allows users to make online payments and recharge through the Paytm wallet. Recharging through Paytm offers great benefits, including exclusive rewards and cashback offers.
What Is Freecharge?
Freecharge is a new platform for bill payments and recharges. It is well-known for its discount coupons, which users can obtain through mobile recharges, DTH payments, and bill payments. Interestingly, users can choose coupon codes for various stores like eBay, Amazon, Dominos, and others, making it appealing to consumers. These coupon codes are equivalent to the recharge amount, allowing users to effectively recharge for free.
Freecharge has also introduced a new service that enables users to transfer Freecharge wallet money through a single WhatsApp message.
Paytm Vs Freecharge Detailed Comparison
Now that we have provided a quick overview of these two e-wallets, let’s compare them.
Offers
Paytm offers many products at discounted prices with fair delivery charges. Unfortunately, Freecharge has not yet expanded into this sector. Additionally, Paytm allows for easy booking of train tickets, whereas Freecharge does not offer this feature to its users.
Refer and Earn
Both Paytm and Freecharge have employed the refer and earn policy to attract more users. This policy helps increase their user base and positively impacts their ratings on the play store. However, Paytm has discontinued this facility for unknown reasons.
Ease of Access
Both Freecharge and Paytm are user-friendly apps, allowing anyone to easily navigate through the app and complete the registration and other necessary procedures.
Cashback through Coupons
Paytm offers cashback on large transactions, while Freecharge provides cashback even on trivial transactions.
Accessibility to Selected Merchants
Paytm is more popular than Freecharge. During the period of demonetization, Paytm was widely used for daily transactions at petrol pumps, grocery stores, dairy shops, and more.
You can download these two apps from the following links
Conclusion
In conclusion, both e-wallets have similar features and options. Freecharge entered the competition slightly later than Paytm, and its focus is evident. Despite offering more cashback and refer and earn offers, Paytm has garnered more user support than Freecharge.
FAQs
Q-1: Which app is more reliable and user-friendly Paytm and Freecharge?
Ans: Paytm has won the hearts of more users compared to Freecharge.
Q-2: Can train tickets to be booked on Freecharge?
Ans: No, train ticket bookings are not available on Freecharge.
Q-3: Which e-wallet is better, Paytm or Freecharge?
Ans: Based on user responses, Paytm emerges as the clear winner.
