Technology Other News 10 Mar 2017 MobiKwik will not le ...

MobiKwik will not levy 2 per cent on credit card recharges

DECCAN CHRONICLE
Published Mar 10, 2017, 2:01 pm IST
Updated Mar 10, 2017, 2:04 pm IST
MobiKwik has announced that it will continue to offer free uploading of money into their wallet for all users, including credit card users.
By the end of 2017, MobiKwik aims to increase its user base to 150 million and serve over 5 million merchants.
 By the end of 2017, MobiKwik aims to increase its user base to 150 million and serve over 5 million merchants.

Indian mobile wallet, MobiKwik has announced that it will continue to offer free uploading of money into their wallet for all users, including credit card users. Post demonetization, in order to boost the government’s vision of cash-less India, the company had a stated policy of revoking fees on uploading money through credit cards and today the company reiterated its policy of continuity.

The company currently serves over 55 million users and 1.4 million merchants. By the end of 2017, MobiKwik aims to increase its user base to 150 million and serve over 5 million merchants. The company is the leading digital payments provider for IRCTC, NHAI, Amul, MakeMyTrip, Myntra, Jabong, Big Bazaar and other major retailers.

 

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