Mon, Jul 08, 2024
Pocket UPI offers users a seamless way to make instant payments through their Wallets across the UPI network without linking their bank account, further helping users manage their finances effectively.
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Quoting Reserve Bank of India (RBI) data, MobiKwik said it has gained its market share in financial transactions through the Prepaid Payment Instrument (PPI) Wallet during the two months.
Fri, Jan 05, 2024
Unicorn fintech firm One MobiKwik Systems Ltd has filed its preliminary papers with markets regulator Sebi to raise up to Rs 700 crore through an initial public offering.
Thu, May 11, 2017
While there had been speculation earlier that Paytm was looking to buy Freecharge, this latest development puts all rumours to rest.
Mon, Apr 24, 2017
Flipkart, which is advanced talks with Snapdeal's largest investor SoftBank for its acquisition, could stand to benefit from this deal the most.
The merged entity is likely to get an investment of $200 million (nearly Rs 1,300 crore) from a Chinese investor
Fri, Mar 10, 2017
The Ministry of Electronics and Information Technology has released a set of draft guidelines for digital wallet companies on Wednesday as part of its efforts to promote electronic payments.
India's state sponsored e-payment services have forced mobile wallet companies like Paytm, MobiKwik, Freecharge others to step up their services to gather more customers.
Mobile payment company Paytm on Friday announced withdrawal of 2% fee charged on adding money to mobile wallets via credit cards.
Thu, Mar 09, 2017
Post demonetisation, in order to boost the government’s vision of cash-less India, MobiKwik had a stated policy of revoking fees on uploading money through credit cards and the company reiterated its policy of continuity.
Wed, Mar 08, 2017
The Women Reservation Bill is aimed to reserve 33% of seats in Lok Sabha and all state legislative assemblies for women.
Fri, Feb 24, 2017
Mobile wallet company MobiKwik announced on Thurday to invest Rs 300 crore in 2017 for funding its loyalty initiatives, expanding its reach and network, and launching other financial services such as loans and investments on its platform.
Freecharge that was just behind Paytm before demonetisation, but failed to capitalise on the opportunity quickly.
Tue, Jan 17, 2017
Domestic mobile wallet major MobiKwik on Tuesday announced that it registered 10 times growth within the past week in transactions from the oil and gas sector.
Tue, Jan 10, 2017
A total $3.77 billion was invested in enterprise security start-ups in 2016 by VCs.
In a move to increase non-fare revenues and to promote ease of railway ticketing through digital transactions, Railway Minister Suresh Prabhu on Tuesday inaugurated several policy initiatives.
The mobile wallet company also announced that it will have zero surcharge on all transactions at petrol pumps and on LPG gas payments.
Thu, Jan 05, 2017
MobiKwik also announced that it is investing over Rs 50 crore in setting up new offices and will be hiring over 1,000 employees.
Thu, Dec 29, 2016
"To promote adoption, we also embarked on a mission, the Cashless Bharat Abhiyaan, under which our team is organising training camps for merchants and users in every city of India. We are proud that cashless consumer transactions also are on a dramatic upswing due to spreading digital literacy," MobiKwik Co-Founder Upasana Taku said.
Tue, Dec 27, 2016
Just moments after PM Modi's demonetisation announcement Paytm jumped into action to come up with a marketing strategy that put them way ahead of other digital wallets.
Wed, Dec 21, 2016
Mobikwik has added 1,50,000 retailers to its networks in the month of November.
Wed, Dec 07, 2016
The move comes a majority of Indian users still use feature phones, especially in rural India.
Sun, Dec 04, 2016
Fintech startups are proving to be the biggest beneficiaries of the government's demonetisation move and with the rise in business, recruitment plans of these companies are likely to see significant uptrend in coming months, experts say.
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