MobiKwik claims to be the only wallet in India that has a cash pick up facility, with which users can get their MobiKwik wallet loaded with e-cash from their location within 25 minutes in major Indian cities.
Mobikwik, one of the independent mobile payments network and mobile wallet, has announced that it has launched Unified Payments Interface (UPI) on its platform.
MobiKwik is said to be powering payments for IRCTC, Uber, Meru Cabs, Big Bazaar, OYO Rooms, Zomato, PVR, Archies, WHSmith India, BookMyShow, Grofers, Big Basket, Dominos, Burger King, Pizza Hut, eBay, ShopClues, Myntra, Jabong, Pepperfry, Barista, Food Panda, Nearbuy, Van Heusen, Allen Solly, Louis Phillips, GoDaddy, MakeMyTrip.
The company has partnered with ICICI bank to allow its users to load money into their wallet with UPI.
The company already has options of netbanking, credit / debit card and the exclusive cash pick up / cash deposit service for wallet loading.
Mrinal Sinha, Chief Operating Officer at MobiKwik, ellaborated that the company's users now have an additional option for real time wallet loading with UPI. Users can use their MobiKwik e-cash at over 100000 online and offline merchants across India.
UPI is an additional layer of payment architecture built upon the IMPS (Immediate Payment Service) mobile payments system which allows customers to transfer money across different banks with the use of a single identification and password.
MobiKwik claims to be the only wallet in India that has a cash pick up facility, with which users can get their MobiKwik wallet loaded with e-cash from their location within 25 minutes in major Indian cities. They just need to request for cash pick up on the app, and a company representative will reach their location to help them with instantaneous cash loading.
With MobiKwik, it is said that the users can shop seamlessly across 100000 merchants including Myntra, Shopclues, Big Bazaar, Big Basket and Grofers, or book their next vacation using bus booking on MobiKwik, on MakemyTrip or OYO rooms.
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