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Videocon's connect broadband, MobiKwik tie-up to promote cashless digital transactions

ANI  |  New Delhi [India] 

Connect Broadband, the telecom arm of the Videocon Group and market leader in broadband in has collaborated with Indian mobile wallet major 'MobiKwik' to offer and promote cashless transactions.

As a part of this strategic tie up, any connect broadband customer who makes his connect broadband bill payment using the MobiKwik wallet service can avail a cash-back of up to Rs. 150 or 15 percent of the bill amount, whichever is lower.

The company feels that this endeavor will promote use of payments among its users and support the era of movement. Currently approximately nine percent of the company's bill payments are made using the wallet mode, and with this promotion, Connect broadband is expecting the percentage to grow to 30 percent within next couple of months.

"At Connect we continuously look for ways and means to enhance customer experience, meet & exceed customer expectations and delight them. This strategic tie up with Mobikwik is yet another endeavor in that direction," said CEO of Connect Broadband, Arvind Bali.

"Currently only about 29 percent of our customers are using digital modes to make their bill payments, and I am sure that with this unique tie up, this percentage will climb up to 50 percent within next couple of months," added Bali.

User convenience is the core of our service and supporting the country's vision into a cashless economy, we have partnered with MobiKwik to enable our users in paying their bills digitally, seamlessly and securely from their phones. I am certain that our users will find this offering extremely convenient.

"We are proud to partner with Connect Broadband in their endeavor to go cashless and join the digital revolution currently taking place in our country. Cashless is the new way to pay in 2017 that makes payments swift, and users can now pay their broadband bill within seconds, effortlessly from their phone," said Chief Officer MobiKwik, Vineet K Singh.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 20 2017. 12:20 IST
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