Mobikwik was founded in year 2009 as a mobile recharge platform where anyone can come and recharge their mobile or pay the bill, but in 2015 they have received Wallet license from RBI and started working as a Mobile wallet which can be used for making payment of not just mobile phone but tons of other services. Now users can store money in their wallet and after crossing threshold, they can transfer this money in their bank account. Most of the transactions that mobikwik gets are from their mobile app which constitutes to more than 80% of their total sales. Recently mobikwik has launched the lite version of their app called MOBIKWIK lite which is just of 1MB and can be downloaded from play store or by giving a miss call on 8097180971. This new app is available in both Hindi and english version and thus targeting rural users too where penetration of such service is very poor.
How to Download and Shop at Mobikwik:
Using mobikwik app is very easy, just follow the below steps and never pay through cash again:
1.Visit Play store and download latest version of Mobikwik app , alternatively you can give a miss call on 8097180971 and soon you will recive download link on your mobile
2. Open the app and create a new account with your mobile number
3.Verify mobile number using OTP, once done
4.Just upload money in your wallet through your bank account using Net Banking or any card payment
5.To send money, just type the mobile number of reciever and click on SEND button
Mobikwik and IRCTC Partnership:
Mobiwik has recently concluded partnership with India's biggest Railway ticketing platform IRCTC for the Online payment of Tatkal booking. Previously customer of IRCTC has the option of making this payment through various banks and credit/debit card which takes large amount of time to process whereas making payment through Mobikwik is very easy and don't require you to enter password again and again. just verify your mobile and start making payments.
Mobile Recharge and Wallet payments
Through Mobikwik, you can recharge your prepaid and post-paid mobile phones, It is accepted by almost all the telecom operators of india, including Airtel, BSNL, Vodafone etc.Mobikwik is soon planning to launch virtual and physical debit card just like any other Bank cards which can be used to make payments at their partner merchants. Currently users of Mobikwik wallet can't pay to to vendors who don't have account with mobikwik but with this new initiative, Mobikwik users can make payment at almost all the outlets which accepts epayments. This will surely give a much needed to boost for Mobikwik to compete with biggest wallet player of India, payTM
Why to use Mobikwik - Key Features:
There are many reasons to use mobikwik Wallet in India and the benefits it offers are huge. Find below the list of key features of Mobikwik which differential it from their competitors:
->Instant refund: Normally it takes close to 2-4 days to get refund incase you can any ticket or your transaction gets cancelled but through Mobikwik wallet, you will instant refund in your wallet
->One Click Checkout - Making Payment and recieving payment is just one click game in Mobikwik, just enter the mobile number and press the SEND button
->Extra Discount & Offers: On every transaction you make at Mobikwik, you will get some kind of cashback for example recently they were giving flat 10% cashback on shopping at any Bigbazaar outleft across india.