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Mobikwik

MobiKwik prepared to serve 300 mn users with secure, seamless payments

MobiKwik has announced that the company is prepared to serve over 300 mn users with secure, seamless payments. The company already has over 35 million users and is witnessing over 40 per cent more app downloads on a daily...

Note Ban: MobiKwik slashes bank transfer fee to zero

In the wake of challenges being faced by masses in India due to demonetization, MobiKwik, has announced that users will be able to transfer money instantly to any bank account at 0 per cent fee. The move is expected...

'MobiKwik on delivery' to replace CoD for leading e-commerce companies

MobiKwik will be offering 'MobiKwik on delivery' option for e-tailers to replace 'Cash on Delivery' and overcome the challenges being faced by the phasing out of Rs 500 and Rs 1,000 notes. According to a ANI report: Currently, MobiKwik supports...

Note Ban: E-commerce firms accept digital money after order delivery

E-commerce firms like Snapdeal are now allowing customers to pay for orders using digital payment options instead of cash when the packages are delivered to them. According to a PTI report: Unlike previously where digital payment options were available only...

Mobile wallet companies laud PM's decision, expect spike in digital payments

While the common man is in a state of shock following Prime Minister Narendra Modi’s revolutionary move to demonetize Rs 500 and Rs 1,000 notes in his fight against black money, mobile wallet companies including Paytm, Mobikwik, Freecharge have lauded...

Mobikwik partners with IRCTC to launch e-cash payments for tatkal bookings

MobiKwik has announced its partnership with Indian Railway Catering and Tourism Corporation (IRCTC), a subsidiary of the Indian Railways, to power e-cash payments for tatkal bookings. The company said that the service would also help users in ensuring that their...

MobiKwik to power e-cash payments at Croma, Pantaloons, Star Bazaar, Zopnow

With an objective to reach 500,000 merchants in the next 12 to 18 months, MobiKwik, India's largest independent mobile payments network with over 35 million users, has been focusing on strengthening its merchant base across organised and unorganised retail....

MobiKwik raises US$ 40 million from Net1

Gurugram-based digital wallet start-up MobiKwik has raised US$40 million (nearly Rs 270 crore) from Net1, a South African payments technology entity specialising in developing solutions for the unbanked in developing nations. Net1 is listed on Nasdaq, the American stock exchange,...

MobiKwik pivots business strategy; targets profits by April 2018

Gurugram-based mobile payments network MobiKwik aims to become profitable by April 2018, as it pivots its business strategy to increase presence in the offline space, a senior company official said. "We expect to become profitable by 2018 and continue to...

MobiKwik to power e-cash payments at Brand Factory, E-Zone

India's largest independent mobile payments network with over 32 million users MobiKwik has announced partnership with Brand Factory and E-zone of Future Group to power e-cash payments. According to a ANI report: Brand Factory is India's largest discount retail chain...
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