USER GUIDELINES TO UNDERSTAND THE FEATURES OF MOBIKWIK

INTRODUCTION

MobiKwik is an Indian company founded in 2009 which is involved in mobile based payment system and digital wallet. It is authorized by Reserve Bank of India in 2013 and in May 2016 it started providing small loans for the consumers as a part of its service. MobiKwik app was launched in 2006 November. It is designed for older 2G network and accessible even at poor internet connectivity area. By November 2016 the company reported that usage of app has been increased around 55 million consumers.

In initial stages the mobikwik was created as a website with closed wallet facility. Later on the company developed the app which is user friendly and can be accessed using mobile and tab. It also further involved in online transactions and in e-commerce sites.

Features of MobiKwik

QUICK RECHARGE: It helps in recharging and paying bills for mobiles; DTH; Data Card; Landline; Electricity; Cooking gas; and Insurance.

TRANSFER: It helps to transfer money to other mobikwik wallet holder and plays vital role in helping out the person in need no matter where ever they are. Money reaches the respective individual on time. It also helps in checking/ tracking the pending transactions.

ONLINE SHOPPING: It acts as the ultimate shopping tool and helps to shop with leading merchant. Helps in getting pleasant shopping experience and feels like super shopper with mobikwik.

Features of MobiKwik

EXCITING OFFERS: Helps in earning cash up to 1000 by referring and inviting others top install the mobikwik app. It provides 10 percent cash back on every third recharge or bill pay. Further provides 5 percent cash back on booking tickets on every third transaction on IRTC. Enjoy 100 rupees on first booking of bus rides. On the whole the offers represented as “MAGIC 3.”

HASSLE FREE CASH DEPOSIT AND CASH PICKUPS: Mobikwik wallet offers cash deposit and pickups facilities for the users. Cash pickups facility is applicable only for Delhi/NCR; Mumbai; and Jaipur locations only.

Secured transactions is done through OTP usage and balance update is on track. There is no need of hacks and fraud sites, as the app is most trusted, acts as high-security accounts.

M – wallet: It is a virtual wallet used for easy storing and transaction of money. Any amount of money can be added to the secured wallet and used for paying online bills.

Transfer of money to other bank accounts are in process and which eventually comes into practise soon.

Summary

Will conclude by summarizing that it is a user friendly app meant for iOS; Android; and Windows Platforms. It is very easy to handle which adds on its popularity. It holds attractive features which would be better understood by going through the above discussed points.