Online mobile payments have traversed a long way in a relatively short duration. Over the past few years, their contribution has been immense in driving financial inclusion across all sectors. In this journey, digital platforms such as MobiKwik have contributed immensely to encourage digital transactions, thus, ensuring convenience as well as security while making financial transactions online.
Why is MobiKwik app a great choice?
MobiKwik has identified the online money transfer related issues of common masses and small business owners and addressed them effectively. The platform enables better engagement of businesses with individuals through multiple options of cashless transactions.
MobiKwik app is commonly used for online transactions including accepting and transferring money, utility bill payments, mobile recharges, online shopping, credit facilities, wealth management and much more. The platform is constantly increasing its collaboration with leading Indian retail and online merchants. Both Android and Apple iPhone users can use the MobiKwik mobile payments services on their devices and a few of them are mentioned below:
Instant Personal Loan
Individuals in need of financial support can now avail an instant personal loan of up to Rs 5 lakhs through the MobiKwik app. The best thing to make a note of here is that you need not give any collateral as otherwise generally required by other banks and NBFCs. In order to avail a loan, all you need to do is complete your KYC and once it is verified, the loan amount will get credited to your MobiKwik wallet which can be further transferred to your bank account.
Spend now, Pay later with ZIP
When you are short of money but urgently need to shop for something essential, the ZIP facility offers you the much-needed help. It works around the principle of buy now, pay later. With MobiKwik ZIP, users can avail credit up to Rs 30,000 in their wallet at ZERO interest rate to fund their purchases. This credited amount is payable in easy installments so you have a complete peace of mind.
With MobiKwik, users can invest in the right Mutual Fund starting at just Rs 100 giving them the liberty to start small and build their investment portfolio with several investment options like ELSS and SIP. Users can also do real time tracking & manage their mutual funds. Along with Mutual Funds, MobiKwik also enables investments in Digital Gold. Users can buy and sell gold at real time prices starting from just Re 1. Users can also opt for Gold SIP as per their preference and investment bracket. MobiKwik app is the perfect app for anybody who wishes to invest from the comfort of their home.
MobiKwik is accepted at various offline partner outlets like restaurants, pharmacies, milk booths, kirana stores, petrol pumps etc. wherein the user can make payments via scanning the QR code, transferring money via UPI or wallet. Users can also order groceries, food, medicines, gadgets, clothes and more online on brands like BigBasket, Zomato, Swiggy, Pharmeasy, Myntra, Amazon to name a few and simply pay via MobiKwik.
So go ahead and enjoy the MobiKwik experience. Jump on the bandwagon of digital payments by downloading the MobiKwik app today.
Disclaimer: No Deccan Chronicle journalist was involved in creating this content. The group also takes no responsibility for this content.