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
The payment network firm has grown by 250% year-on-year for the last four years.
Plans to diversify revenue streams by offering financial products like loans and mutual funds