Mobikwik

After increasing the limit on mobile wallet spends, RBI has now eased card payments by removing the two-factor authentication for online card transactions involving sums up to Rs 2,000. The move aims to simplify and encourage electronic payments adoption at...

MobiKwik Lite, a light mobile wallet that is easy to understand and works even on basic Internet connection, has registered over 20 lakh downloads within the first two days of launch. "We launched MobiKwik Lite with an objective to help...

The Government's decision to withdraw Rs 1,000 and Rs 500 notes as legal tender has impacted the consumer life in a big way. As a result, instead of spending on luxuries, consumers today are spending cautiously on necessities. Reduced consumer...

MobiKwik has recently announced the launch of MobiKwik Lite, a light mobile wallet that is easy to understand and and works even on basic Internet connection. Being an under 1 mb app that works smoothly on EDGE connections, the app...

Digital wallet companies on Wednesday welcomed the RBI's decision to increase the limits on mobile wallets spend to Rs 20,000 for users and to Rs 50,000 for merchant bank transfers in view of the cash crunch following demonetization of...

Mobile wallet company MobiKwik today announced that it has seen a 150 per cent jump in its merchants base since the Government’s announcement of demonetizing Rs 500 and 1000 currency notes. From a 100,000 merchant base in the pre-currency...

Mobile wallet company MobiKwik has today announced that the firm has registered a 7000 per cent increase in bank transfers since it allowed users to transfer money instantly to any bank account at 0 per cent fee. “The idea behind...

Mobile wallet firm MobiKwik said that its Nearby feature has seen an over 2,500 percent increase in traffic since demonetisation kicked in. In a statement, the company said that the nearby feature has helped millions of MobiKwik users in identifying...

In the wake of demonetization drive and a surge in the demand for digital payment options, mobile wallet MobiKwik has revised its monthly annualised Gross Merchandise Value (GMV) sales target by 10 times to US$ 10 billion by 2017,...

E-commerce & Entrepreneurship in India While e-commerce in India has gone through its own share of glory, highs and now turbulence, the sector has definitely pushed the envelope as far as entrepreneurship in India goes. With Prime Minister Narendra Modi being...