MobiKwik : Discounted, Fast & Secure Payments

Founded in 2009 by Bipin Preet Singh, MobiKwik wallet became one of India’s largest online prepaid account. Users can store money and pay bills or shop online. Money can be added to wallet by using debit card, credit card, net banking, or even ‘cash pay’ via a door step cash collection service.

Over the years, MobiKwik has evolved and extended their services on mobile apps. Let us divulge more into the benefits of using MobiKwik :

1. Secure transactions: Every online shopper yearn for a secure payment mode online and MobiKwik gives a secure platform to spend money. The stringent policies and measures taken on website and app help the customers to make a legit transaction.
2. Avoid Payment Gateways: Since the money will be kept safely in a wallet, people do not have to give their credit card or debit card details every time they shop online. It is like having a money in your pocket and no need to go to the ATM every time you visit a store.
3. Faster Transactions: There is no need to stand in long queues, wait for payment gateways to load or stand at merchant locations. All that is required is a few clicks and
4. Merchant Discounts: MobiKwik has tie-ups with some of the prominent and biggest fashion stores, entertainment, food merchants and travel agencies. There are more than 30 outlets which have tie up with MobiKwik where you can enjoy discounts, rewards or cashpoints after paying through your MobiKwik wallet.
5. Numerous payment options: Customers who use MobiKwik as their primary online wallet get option of net banking from over 50 banks while all the major credit/debit cards are accepted including ‘Cash from doorstep’ option.
6. MobiKwik Coupons: You can even save on your mobile or restaurant bills by using MobiKwik coupons. Just fill in the promo code and get proceed with payment. The wallet will get updated or you will get cashback depending on type of coupon used.

MobiKwik is evolving towards providing secure and quick payment mode to its users. In order to evolve MobiKwik is heading from being a mobile wallet to payment bank and has applied a Payments Bank license to the Reserve Bank of India in 2015. With a pretty simple business model of keeping the money in an online piggybank MobiKwik is heading towards changing wallet service in India and helping people for an easier payment option.