🎉 New feature
Send money to mobile wallets in India
Starting at $0, send money directly to your loved one's mobile phone. Money arrives instantly.
Available exclusively in the app.
Trusted mobile wallet providers in India
Sending money to mobile wallets in India is now easier than ever with paytm.
How to send money to a mobile wallet with Xe
Sign Up
It takes just a couple of minutes. Already have an account? Just sign in.
Provide details
Heads up: all you'll need is your recipient's mobile number, along with your own payment information.
Confirm and send
Check the currencies, amount and recipient are correct. Send us the funds and we'll do the rest.
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With over 30 years of experience, Xe provides simple, fast and secure international money transfers. Find out what our customers love most about using Xe to send money abroad!
Why use Xe to send money to India?
✅ Competitive rates without any hidden fees
✅ Fast and safe alternative to the high cost of banks
✅ 120,000+ people trust Xe to send money each month
India Mobile Wallet Frequently Asked Questions (FAQ)
Mobile wallets allow you to use your device to send, store and receive money.
Also known as mobile money or a mobile money wallet, a mobile wallet is an app on your smartphone, smart watch or tablet.
Just like the wallet in your back pocket, your mobile wallet stores your virtual credit, debit, loyalty, gift and reward cards so that you can manage your money on your device and make quick, secure payments in stores and online.
To send money to a mobile wallet in India:
Click Send in the Xe app
Choose India as the 'Destination country'
Complete either the 'You send' or the 'Recipient gets' field:
'You send' is how much you're sending in your home currency
'Recipient gets' is the amount your recipient receives
Decide how you want to pay
Choose Mobile wallet as the delivery option
Choose the mobile wallet you're sending money to
Enter your recipient's details
Let us know the reason for your transfer
Pay for your transfer
Send your money
Here are the transfer limits for the available mobile wallets available in India. Please note that these limits are just a guide and other limits might apply. You might need to complete full account verification in order to send the amounts shown below.
Mobile wallet | Send limit
Paytm | 50,000 INR
Starting a mobile wallet business in India is an attractive option due to the rapidly growing market and customer base. To begin, you must acquire a license from the Reserve Bank of India (RBI). This license allows companies to offer services such as money transfers, prepaid payment instruments (PPI), and peer-to-peer (P2P) payments.
Once a license is acquired, you must develop the technical infrastructure and processes necessary to enable customers to send money from their mobile phones. The process of sending money can vary depending on the type of wallet used and may include account setup, transferring funds, and KYC/AML compliance requirements.
In addition, you must ensure that your wallet meets the requirements of the RBI and Indian government to be compliant with laws and regulations. This includes ensuring that transactions are secure and following guidelines for customer data protection. It is also important to note that some wallets may charge fees for sending money, so entrepreneurs should research different options in order to choose a wallet that best meets their needs.
Ultimately, sending money to India via a mobile wallet requires significant planning and preparation. Entrepreneurs must understand all of the regulations and requirements in order to ensure their business is compliant with Indian laws and regulations, as well as secure for customers. With the right infrastructure and processes in place, you can offer safe and secure money transfer services to your customers.