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    MobiKwik

    News stories featuring MobiKwik:

    Indian mobile wallet ‘ready for 300m users’

    November 17th, 2016

    Indian mobile wallet provider MobiKwik says it is ready to serve 300m users, up from its current 35m customer base, in the wake of the government’s withdrawal of Rs 500 (US$7) and Rs 1,000 ($14) notes from circulation. A spokesman says it has registered 18 times growth in transactions since the announcement of demonetisation earlier this month and is gearing up to accept 100m daily transactions. Mobile financial solutions provider Mahindra Comviva told NFC World demonetisation would make mobile payments the “de-facto payment mode” in India.

    Mobile payments to become ‘de-facto payment mode’ in India after banknote change

    November 15th, 2016

    Mobile payment transaction volume in India is expected to grow more than 90% each year over the next five years, with digital payments becoming the “de-facto payment mode” in the country, in the wake of… More

    Xiaomi and MobiKwik launch recharge and bill payments

    July 5th, 2016

    Owners of a Xiaomi handset running the MIUI8 operating system can now recharge their phone and make bill payments with “one touch” using mobile payment platform MobiKwik. “When a user receives a message from their telecom or DTH operator regarding low balance or bill payment, just below the same they will have a Recharge Now button for instant recharge through MobiKwik,” MobiKwik says. “MobiKwik’s partnership with Xiaomi enables the users to recharge right from the reminders that they get from the operators.”

    MobiKwik lets mobile wallet users find local merchants

    March 21st, 2016

    Indian mobile wallet service MobiKwik has added a new feature to its app that lets users search for locations where the service can be used to make in-store payments. “With immediate effect, more than 10,000 MobiKwik partner retail stores would now be visible to the users on the ‘Explore Nearby’ tab,” the company says. “Users can also view existing offers at these outlets and pay via MobiKwik to redeem it.” WHSmith India began accepting MobiKwik in July 2015 and was shortly followed by Big Bazaar.

    Nielsen reports on mobile wallet market in India

    March 14th, 2016

    Paytm is the most popular mobile payment app among Android smartphone owners in urban India, research from Nielsen reveals, with 39% of users with an internet connection making use of the service for an average duration of 70 minutes a month.  More

    Walmart India signs up for MobiKwik payments

    August 6th, 2015

    Walmart is the latest retailer to support in-store payments from mobile wallet service MobiKwik in 20 of its Best Price Modern Wholesale stores in India, following WHSmith and India’s largest retailer Big Bazaar. MobiKwik “will allow instant one-tap payments for transactions placed through the Best Price mobile app and … via the MobiKwik wallet on the Walmart Best Price website and in physical stores,” it says.

    Big Bazaar to accept MobiKwik in 240 stores

    July 13th, 2015

    India’s largest retailer Big Bazaar has become the latest to support in-store payments from mobile wallet service MobiKwik at more than 240 locations, following in the footsteps of WHSmith India. “In the coming quarter, MobiKwik also plans to extend this partnership to other offline stores under the Future Group umbrella and is expected to total close to 150m transactions annually,” MobiKwik says.

    WHSmith India to accept MobiKwik mobile payments in 55 stores

    July 10th, 2015

    More than 17m users of Indian mobile wallet service MobiKwik will be able to make in-store payments at 55 WHSmith India stationery and book stores, the first time the service has been available for payments… More

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