Mobikwik wallet is a prepaid digital wallet which is

approved by RBI [ Reserve Bank of India]. To

understand better about M-wallet suppose you are
transferring your money from one wallet to another. In
this case it happens to be transferring money from
your Bank account to Mobikwik wallet.

What Mobikwik Does with

Wallet Money?
Basically Mobikwik stores your money in a virtual
wallet whose data is stored somewhere in Cloud which
can be accessed only by your Mobikwik username
and password.
With M-Wallet, Mobikwik aims to simplify the way we
do online payment in India.

5 seconds instant payment

with Mobikwik wallet
Once you have loaded money/cash in Mobikwik
Wallet through Debit card/Credit Card/Netbanking/
IMPS or Cash in hand [Door-step cash, which is as of
now only supported/available in Delhi NCR]
You need not to worry about entering
your Debit/Credit number, CVV number, Expiry
Date and ATM PIN/3-D digital Secure or OTP to
make payment using Mobikwik Wallet to mobikwik
partner websites.

Why Should you use

Mobikwik Wallet?

Most of the time where paytm struggles to

fetch the mobile operator and all of its ecommerce content. Mobikwik done
recharging mobile in just 5 seconds
even on 2G network.
Mobikwik has partnered with various online shopping
websites like ebay, myntra, shopcules and
infibeam, Book Movie tickets, Book Bus tickets,
Order and pay pizza using wallet which is fast,
reliable and secure. Mobikwik runs various offers like
cashback/coupons/promocode on using one of its
partner website. Like 25% cashback on booking
movie tickets to your wallet.
Using Mobikwik wallet, not only secure your mode of
payment but also you dont need to share your
credit card/debit card details to merchant from
where your making purchase. It is a one-click
payment solution for almost all of your online
transaction.

How to pay using Mobikwik in

Big Bazaar?
Mobikwik recently partnered with Big
Bazaar. Now you dont to worry about carrying your
physical wallet everytime when you go shopping in Big
Bazaar. So, the big question is How to pay in Big
Bazaar using Mobikwik wallet

Tell the person at the counter that you want to

pay using Mobikwik.
Share your registered Mobikwik Mobile
Number at the cash counter.
Youll get an OTP [One time password] message
in your mobile.
Share the OTP code at the counter.
Thats it, You have successfully paid using your
mobikwik wallet at Big Bazaar.

Remember, you need to have sufficient

cash loaded to your mobikwik wallet
before you can make a purchase using
Mobikwik at Big Bazaar. The maximum
limit of money you can add to
mobikwik wallet is Rs.50,000 as
per Reserve Bank regulations.

MobiKwik is a mobile wallet and online payment system where a user can store money
in an online "wallet" to make mobile and DTH recharge, pay utility bills, and shop at
listed merchants. The MobiKwik wallet has to be loaded with money once before it can
be used across functions.[3][4] MobiKwik provides users the option to add money using
their debit or credit card, net banking, and cash pay, a doorstep cash collection service.
MobiKwik wallet is a semi closed wallet authorized by Reserve Bank of India.
MobiKwik was founded by Bipin Preet Singh and Upasana Taku in 2009. [2] Over the
years, MobiKwik extended their service on mobile apps. [6][7]
They tied up with various online merchants such as eBay India, BookMyShow, Dominos
India and ShopClues to provide accessibility of their wallet as a payment option on ecommerce sites.[8][9] Moreover, Mobikwik also introduced the feature of sending and
receiving money via MobiKwik mobile app.[10][11] Mobikwik raised under $5 million in its
Series A funding from an unnamed US-based VC firm in 2013 and is expected to get
another $30 million in the coming year.[12]
On November 28, 2016 MobiKwik launched its MobiKwik Lite app aimed at users in poor
connectivity regions.[13]

Business model[edit]

A user has to add money once to MobiKwik wallet and can then use it multiple times
across functions, services, and service providers. Storing money in MobiKwik wallet
reduces the risk of exposing card details or bank account details at multiple merchants
when shopping online.[8]

Achievements[edit]

MobiKwik partnered with PVR to enable payments for Movie Tickets using
MobiKwik wallet.[14]

As of April 2015, MobiKwik is used by 15 million users and "claims to be adding

one million new customers every month", according to Forbes India Magazine. [15]

Cisco, Amex & Treeline invested $25 million in Mobikwik. [16]

Awards[edit]
In 2014, MobiKwik won the mBillionth Award South Asia in the category of Mobile
Business.[17]

5 Reasons to Use MobiKwik

Wallet
Rohan January 11, 2015 Discount

There are already more than 5 million MobiKwik android app users, so
you might already be the one of them. But if you still have not come
across this very good service, you should definitely give it a try! If you
ask me, why I use this app? I have my 5 reasons that made me to use
Mobikwik Wallet on a regular basis. Let us have a look on those
reasons. The reasons are in the order of Mobikwik app features and
offers that I mostly use.

1. 15% Cashback on Movie Tickets

I love this offer! I already wrote an entire article about this offer
Discount on Movie Tickets in India. I think movie tickets in multiplex
are way to expensive these days! You have to pay extra handling
charges on the top of that, if you are booking your tickets online. Why
not

use

MobiKwik

bookmyshow.com!?

to

save

15%

over

whatever

you

pay

at

Avail 15% Cashback on

BookMyShow Tickets using MobiKwik Wallet
The maximum cashback is 100 Rs. 100 Rs. is the 15% of 666 Rs., just
to save your calculation efforts. When you go on the payment page of
bookmyshow.com, select MobiKwik Wallet as your payment option. You
have to pay full amount first, but then you receive 15% cashback in
your MobiKwik wallet in a short period of time.

2. Recharge Mobiles, DTH

Services, Data Cards
MobiKwik allows to recharge prepaid and postpaid mobile numbers in
India. If you already have balance in your MobiKwik wallet, the

payment process is very simple! Enter the number, recharge amount

and recharge! You can also pay using your debit or credit cards,
netbanking account, if your wallet balance is not sufficient. It is also
possible to recharge DTH, data card using the wallet. You can pay bills
for landline, electricity and gas, all from your smart mobile phone.

MobiKwik Android App

Recharge Mobile, DTH, Data Cards and Pay Bills

3. Online Shopping Offers

MobiKwik Wallet is also useful to pay at online shopping sites. It offers
10% cashback on snapdeal.com, shopclues.com, yepme.com and

makemytrip.com, 15% cashback on naaptol.com and infibeam.com,

and 5% cashback on homeshop18.com and redbus.in. There are many
more online shopping sites. You can check them all on MobiKwik app.

MobiKwik Cashback Offers on Online

Shopping
Maximum cashback is usually 100 Rs. I am not the fan of all those
other sites except snapdeal.com. Products on Snapdeal are usually
very affordable, 100 Rs. cashback on the top of that is a very good
offer! Choose MobiKwik at the time of payment and you will receive
cashback in your MobiKwik wallet in a short period of time.

4. Money Transfer

A friend in need is a friend indeed. You can transfer the money in

your MobiKwik walllet to your friend in need. There is the option inside
MobiKwik app that allows you to transfer the money using the email id
or mobile number of the recipient. Recipient should also be the active
user on MobiKwik, as he will receive the transferred money in his
MobiKwik wallet.

5. Cashback Offer on MobiKwik

Wallet
MobiKwik offers cashback to its wallet users occasionally. For example,
at the end of this December, MobiKwik offered 100% money back, if I
fill 50 Rs. in my wallet on the same day. I filled 50 Rs. in my MobiKwik
wallet to avail this offer. My MobiKwik wallet reflected 100 Rs. balance.
You can always use some extra cash for mobile phone recharge.
MobiKwik is all about saving money on the top of regular offer price. If
you are a Pizza lover, you can get 15% cashback on your Dominos
Pizza order. The maximum cashback for Dominos Pizza is 150 Rs. I
recommend this app specially for the collage students, who want to
save some pocket money to watch movies and to talk to their friends
on phone.
Note: The money you fill in your MobiKwik wallet expires after 6
months. Use your money within that period of time.
The MobiKwik App 1. Android, 2. Windows, 3. iPhone.
Cashback Offer Mobikwik Mobikwik Wallet Money Transfer
Did you like this article? Share it with your friends!

Written by Rohan

ownload the MobiKwik mobile app, store money, and start making
easy payments anytime, anywhere.
Click Here, to download the app
[Windows]

[Play Store] [App Store]

MobiKwik is one of the largest online recharge/bill payment websites

available in India. It is not just a recharge website. It is more like an online
prepaid wallet that you can use to make payments. BookMyShow and
redBus are few partners where you can use MobiKwik wallet.

A recent update to the MobiKwik wallet brought a much need option the
ability to transfer virtual cash from one account to another. You can send as
well as request money. This is the first time an online wallet service is
offering this feature. Even Paytm, the most used Indian online wallet,
doesnt have this option.
The feature is available only on Android app for now. But, iOS an
MobiKwik now allows users to transfer their cash from one MobiKwik wallet to
another MobiKwik wallet with ease. This feature is available only on Android.

MobiKwik is one of the largest online recharge/bill payment websites

available in India. It is not just a recharge website. It is more like an online
prepaid wallet that you can use to make payments. BookMyShow and
redBus are few partners where you can use MobiKwik wallet.

A recent update to the MobiKwik wallet brought a much need option the
ability to transfer virtual cash from one account to another. You can send as
well as request money. This is the first time an online wallet service is
offering this feature. Even Paytm, the most used Indian online wallet,
doesnt have this option.
The feature is available only on Android app for now. But, iOS and
Windows Phone apps are available too. To transfer money from one
account to another, follow these instructions:

Open MobiKwik app on your Android device.

Sign into your account and navigate to My Account > Transfer

Money. If you do not find this option, update your MobiKwik app to the
latest version on Google Play Store.

Now, you will find two options : Send Money or Request Money.
Choose the one needed.

Enter the recipients email ID or mobile number.

Now
send/request money to other MobiKwik wallets

Enter the amount and confirm the details.

You will be sent an OTP (One Time Password) to your registered

mobile number to confirm this transaction.

Once you initiate the transfer, the recipient will be notified about this
transaction and he/she will be sent an OTP too and asked to confirm the
transaction.

Invoice of successfully
completed MobiKwik transfer transaction

Once he/she confirms the transaction at his/her end, the transaction

would be completed successfully.
This is a simple and easy-to-follow feature to quickly transfer cash between
friends. Are you a MobiKwik user and did you find this feature useful? Do
let us know in the comments.

What is MobiKwik? Why should I use it?

MobiKwik is India's quickest, most convenient, and safest mobile wallet for Shopping,
Mobile recharge, DTH recharge, Money transfers and Bill payments. 25 million users
across the country already bestow their trust on us. Use MobiKwik for a cashless,
hassle-free experience while shopping, dining, travelling and a lot more!

Wallet? How does it work?

MobiKwik wallet is secure online wallet where you can keep your money and use it for
Recharges, Bill Payments and to shop. MobiKwik wallet balance is the amount in Indian
rupees that can added via different payment options.

How to add money to the wallet?

It's simple! You just need to Login to the MobiKwik account and click on 'Add Money'.
You will be redirected to the 'Payment Options' page. MobiKwik allows users to add
money by credit card, debit card, net banking and even 'Add cash' (available through
MobiKwik app only).

s there any registration fee?

It's absolutely free! You don't need to spend your hard earned money to become a
MobiKwik user. Also, there are no extra charges for online recharges or bill payments.

How can I make a MobiKwik account?

You just have to click on CREATE WALLET displayed at the top of home page. Next,
add your email Id and create a password. You also need to add your mobile number
which will be the primary number for your MobiKwik account. You will receive all the
information regarding transaction on this unique number.

MobiKwik Wallet is a prepaid financial instrument approved by Reserve Bank of

India. It allows Indian consumers to store money in a virtual wallet and then use
it across channels ( mobile, desktop, tab, sms, ivr) to pay merchants.
For example, as a user you could use it to recharge your mobile via MobiKwik
Android/iOS/BB/Windows App, or use it buy bus tickets on any popular bus
booking website or order and pay for pizza on the phone.
Why should any Consumer use MobiKwik Wallet?
India's payments market is fragmented with some 60 odd banks for internet
banking, multiple levels of authentication on debit and credit cards and a

generally complicated electronic payment experience for the consumer.

MobiKwik Wallet simplifies all that with a 1-click Payment flow on your phone,
tablet or computer which works the same way every time. As a user, you just need
to trust MobiKwik with your money and then you can shop on any merchant
(even new ones) without disclosing your bank or card details. And of course, get
exclusive discounts and offers every time you shop using the wallet.
MobiKwik Wallet has only one goal - make payments very easy and fun for every
Indian.

MobiKwik, an Indian digital payments company has added a new feature for offline payments
called Bubble Pin.
The feature enables users to make wallet transactions at stores where there is low or no
connectivity to data networks. MobiKwik has announced that Bubble Pin will be available to
25,000 stores in the coming months.
Bubble Pin generates a PIN, a combination of letters and numbers, which can be shared with the
store merchant in case low connectivity. The PIN is generated on the MobiKwik app offline itself
and is valid only for 60 seconds and beyond that, a user can generate another PIN. The merchant
then enters the PIN and the bill amount into a software.
Once the user is back in areas of better connectivity, the payment will be deducted from the wallet.
However, store merchants will have to ensure that the store is connected to the Internet to enter
the bill amount and process the payment and it cannot process the payment offline.

eeping with its vision to grow the adoption of digital payments for offline
payments, MobiKwik, the leading fintech player in India, trusted by over 32
million users has launched one-step offline payments with Bubble Pin.
This pin can be generated on the MobiKwik app by clicking on 'Pay at store'
and is valid for 60 seconds. To make a payment, all a user needs to do is
share this pin with the merchant. The pin is a combination of numbers and
alphabets. Bubble pin also makes the transaction more secure as no phone
number is required to be shared. Soon, users can use this functionality in
over 25000 offline stores, pan India.
Speaking on the announcement, Mrinal Sinha, Chief Operating Officer at
MobiKwik said, With this feature, we are offering the scope of making
digital payments to users with slow data connections. Additionally, payment
with MobiKwik is now possible at basements, parking lots and even in a

flying airline, where the data network reception is not available or is

intermittent."
"With an aim to make payments with MobiKwik ubiquitous, we are focusing
on the expansion of our offline payments network and such initiatives shall
help us convert cash users into e-cash users." Mrinal added.
With India gradually moving towards a cashless economy, MobiKwik aims
to eliminate all possible glitches that may arise in the process of making a
digital payment. Bubble Pin is the first step towards enabling users to go
completely cashless even at places with sporadic data reception.
MobiKwik, is Indian mobile payments network, connecting 32 million users
with 100,000 retailers. Founded in 2009 by Bipin Preet Singh and Upasana
Taku, the company has raised three rounds of funding from Sequoia
Capital, American Express, Tree Line Asia, MediaTek, GMO Payment
Gateway and Cisco Investments. MobiKwik aspires to be the largest source
of digital transactions in India.
One of the leading digital payments platforms for online and offline
merchants, MobiKwik is powering payments for IRCTC, Uber, Meru Cabs,
Big Bazaar, OYO Rooms, Zomato, PVR, Archies, WHSmith India,
BookMyShow, Grofers, Big Basket, Dominos, Burger King, Pizza Hut,
eBay, ShopClues, Myntra, Jabong, Pepperfry, Barista, Food Panda,
Nearbuy, Van Heusen, Allen Solly, Louis Phillips, GoDaddy, MakeMyTrip.

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MobiKwik has recently launched Bubble Pin a one-step offline payments mode,
which allows users to make payments even without data connection. The
MobiKwik app will generate a pin with a 60-second validity when the Pay at
store option is clicked. Then,users need to share the unique pin with the retailer
to make the payment. The pin is a combination of numbers and alphabets.
Bubble pin also makes the transaction more secure as no phone number is
required to be shared. Users will soon use MobiKwik Bubble Pin in over 25,000
offline stores across India. Advertisement
http://www.gktoday.in/quiz-questions/bubble-pin-a-one-step-offline-paymentsmode-has-been-launched-by-which-digital-payment-company/

The pin is a combination of numbers and alphabets. Bubble pin also makes the
transaction more secure as no phone number is required to be shared. Soon,
users can use this functionality in over 25000 offline stores, pan India.
"With this feature, we are offering the scope of making digital payments to users
with slow data connections. Additionally, payment with MobiKwik is now possible
at basements, parking lots and even in a flying airline, where the data network
reception is not available or is intermittent," said Chief Operating Officer at
MobiKwik, Mrinal Sinha.
"With an aim to make payments with MobiKwik ubiquitous, we are focusing on
the expansion of our offline payments network and such initiatives shall help us
convert cash users into e-cash users," added Mrinal.
With India gradually moving towards a cashless economy, MobiKwik aims to
eliminate all possible glitches that may arise in the process of making a digital
payment. Bubble Pin is the first step towards enabling users to go completely
cashless even at places with sporadic data reception.