MobiKwik launches India`s first Mobile Money transfer service


Have you heard about MobiKwik? Yes, they are a mobile wallet service in India. They have started a wallet to wallet money transfer service. The stats say that they have done more than 1.5 lakh  money transfers in the last two months.

MobiKwik launches

MobiKwik launches Mobile Money transfer service

The Co-Founder of the company Upasana Taku said that they have now created a convenient option for the consumers. Customers can pay anyone at anytime through their mobile in a secure manner. The user can also “Request Money” by alerting the others for any pending payment.

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A person can transfer from as little as Re.1 to Rs.5,000 in a single money transfer. Using their service a total of Rs.1 crore money has been transferred by their happy consumers. As a security provision this W2W(Wallet to Wallet) service will create an OTP(One Time Password) before each money transaction.

There will be an updated version of the app coming soon in 15 days. Also they have partnered with online companies like BookMyShow, RedBus, eBay,etc. Let us know your Mobikwik experience in the comments below:

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