From booking tickets to a foreign land, ordering food, to acquiring a loan; there is barely any service left that cannot be accessed with a mobile phone and an active internet connection. In this world of online applications, our life has become a lot easier.
However, one area of life that has been simplified the most is our financial life. With extra security, paperless transactions and fast process, we have come a long way. It is normal these days to not carry any cash at all, since payments can be made digitally, anytime, anywhere. In this financial sphere of our life, here are a few apps which have simplified our lives the most.
1.UPI apps:
You will barely find a phone these days which does not have any UPI app on it. It is also normal to have multiple UPI apps on your phone. A UPI app or Unified Payments Interface is payment system in India which allows people to do a money transfer instantly. A UPI account is linked to one or more bank accounts and each user has a unique UPI ID. You can pay another account using their UPI ID, phone number or just a QR code of their account.
UPI apps have made our lives easier by providing quick payment options and other facilities like autopay, mobile payment for prepaid as well as postpaid, electrical/ gas bill payments, digital wallets, and many more.
2.Online trading apps:
Earlier, if you wanted to do share market trading, you would need to have the adequate knowledge and resources. Hiring a broker, filing the papers in the bank, getting verified, purchasing stocks; it all took meticulous planning and exorbitant fees and not every other person could do it. Today, with online trading apps, anyone and everyone can start trading.
There are a huge number of applications available on the internet that can help you get started with trading. Many apps even allow you to open a Demat account with zero brokerage fees. You can easily check the market updates on the app and invest on your own without needing a middleman.
3.Credit Card apps:
Quite a few credit card companies have went online with their services. Availing a credit card through a credit card bank still exists but because of easy accessibility, people are moving towards online credit card apps for credit requirements. Many of these apps are able to attract customers through amazing cashback offers and discounts. Availing credit has become easier through these credit card apps and online loan apps.
4.Budget Planner:
Another important category of online applications that has simplified our lives is the category of budget planner apps. Earlier, people would do budgeting mentally or through a book and a pen. As we progressed, we started using Excel sheets and other computer softwares for the same. Today, there are numerous apps available that can help us manage our expenses. Each app comes with its own set of benefits, carefully catered to our budgeting needs.
If you haven’t already used them, you should consider using UPI apps for fast payments, trading apps to buy and sell stocks, credit card apps for quick credit, and budget planning apps to streamline your finances.