MobiKwik, the largest mobile payments company in India with over 32 million users and a network of 100000 merchants, today announced a new app for Android, the most popular mobile operating platform in India.
This launch makes MobiKwik the lightest mobile wallet app available in India, packed with features such as bus booking, recharge, utility bills payments etc.
The application also allows users to access ongoing offers and locate nearby stores for offline payments with a tap. This launch is in line with the vision of the company to attain 150 million users by 2018.
"In addition to the new app launch, we aim to make our mobile wallet the gateway for Indian masses to access financial services such as insurance, credit and loans. This will create more stickiness for the users towards Mobikwik and will help increase per user transactions. Our vision is to have users pay, invest, borrow and save all using MobiKwik," said Co-Founder MobiKwik, Upasana Taku.
The app is powered by expert systems to enable it to throw up relevant offers depending on the users' location. In addition, the company has introduced features such as - Search and Pay- allowing users to make transfers and payments to MobiKwik wallets, bank accounts and merchants faster without the need to manually input names or numbers.
"Being the lightest app in India, users with a 2G connection or those who are using older phones with limited RAM, can also download MobiKwik within a minute. This will help more users in the interiors of our country to use our wallet, go cashless and avail other offers," added Upasana.
MobiKwik is also the largest offline mobile wallet with exclusive tie ups with partners such as Big Bazaar, Barista, Archies, Domino's Pizza, 98.4, Himalaya, Indian Oil and HP petrol pumps, Sagar Ratna and Bercos restaurants, etc. More than 25,000 retail stores; cafes, restaurants, etc. accept MobiKwik payments.
This is in addition to the 100,000 online websites/apps that have integrated MobiKwik for digital payments.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app