Page 5 - Mobikwik

MobiKwik's exclusive cash pick up service completes a million transactions

MobiKwik, the largest mobile payments company in India with over 32 million users and a network of 100000 merchants, today announced that its exclusive cash pick up service has completed 1 million transactions. The service was launched in September 2015 to cater to those users who are either unbanked or aren't comfortable using net-banking, credit or debit cards.Speaking on the announcement, Bipin Preet Singh, Founder CEO, MobiKwik, said: "We launched cash loading in MobiKwik last year with cash deposit & cash pick up and have been receiving exceptional response from the users. Completing 1 million transactions for this service is a milestone for us that further demonstrates how innovations brought to business to solve users' genuine concerns will always yield favourable results."By end of last year, India had 22.74 million credit cards users and 239 million smartphone users. This astonishing difference demonstrates why mobile wallet users are growing at a faster pace than ...

Mobikwik launches new version of its mobile wallet app

The new app is aimed at bringing onboard the mobile internet users, who have poor connectivity or are still using 2G connections

MobiKwik launches Cash Pick Up service in Jaipur after success in Bangalore, Mumbai

MobiKwik, India's largest independent mobile payments network and the only mobile wallet to offer cash loading services has announced tremendous growth of its 'Cash Pick Up' services at the rate of 75 percent month-on-month since its launch in October last year.After receiving great feedback and success in Delhi, Bangalore and Mumbai, the service has now been launched in Jaipur.Bipin Preet Singh, Founder CEO MobiKwik said, "We take pride in being the first mobile payment company to launch cash loading and cash pick up service last year, to extend the benefits of MobiKwik to unbanked Indians and help them in making hassle-free, cashless transactions at more than 75000 offline merchants and online stores.""We launched in three cities to assess how the service is received by our consumers and are pleased with the growth we have achieved within nine months, thus the service has now also been launched in Jaipur," added Bipin.This MobiKwik exclusive service allows users to add cash directly

MobiKwik gets $50 mn investment from strategic investors

The payment network firm has grown by 250% year-on-year for the last four years.

MobiKwik to increase fintech play, aims profits by 2017

Plans to diversify revenue streams by offering financial products like loans and mutual funds