Senior Correspondent, IndianRetailer.com & Retailer Magazine Dec 30, 2016 / 2 MIN READ
MobiKwik, one of India's widely reaching e-wallet companies, has announced the milestone of reaching one million merchants on its payment network, registering 1,000 per cent growth since November this year.
Upasana Taku, Co-founder, MobiKwik, said, "To promote adoption, we also embarked on a mission, the 'Cashless Bharat Abhiyaan', under which our team is organising training camps for merchants and users in every city of India."
The app is available in English, Hindi and Gujarati. The company will also introduce versions in 10 other regional languages of the MobiKwik LITE app by early next year to enable more consumers adopt digital mode of payments.
The company has recently partnered with Amul, NASVI and many more to facilitate acceptability and adoption of digital mode of payments.
MobiKwik recently launched MobiKwik Lite which allows small, unorganised retailers and shopkeepers to accept payments seamlessly.
Upasana Taku, Co-founder, MobiKwik, said, "We were shocked for the first few minutes as it took us some time to absorb the news."
Mobikwik has received an inprinciple approval from the RBI to set up a Bharat Bill Payments Operating Unit (BBPOU).
BBPS will cover repetitive payments for everyday utility services such as electricity, water, gas, telephone and Direct-to-Home (DTH), the release added.
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