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Last Updated : Nov 24, 2016 10:29 PM IST | Source: PTI

MobiKwik to launch virtual card for online, offline payments

Mobile wallet firm MobiKwik today said its users will be able to use MobiKwik for payments across all online & offline retailers and shops, where credit and debit cards are accepted by January 2017 using a virtual card.


Mobile wallet firm MobiKwik today said its users will be able to use MobiKwik for payments across all online & offline retailers and shops, where credit and debit cards are accepted by January 2017 using a virtual card.


MobiKwik Card will help users pay through their wallet without having to worry about the merchant's inclusion in our network. They can generate a new card every time to make payments and use MobiKwik wallet pan India, for any purchases," Upasana Taku, Co-founder of MobiKwik said in a statement.


South Africa based Net1 UEPS Technologies Inc, an investor in MobiKwik, will be help the company with their proprietary Card technology for the initiative.

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MobiKwik users will be able to generate MobiKwik Card from the app and share details of the card with any online or offline retailer for payment.


MobiKwik was the first to launch mobile wallets in India in 2009 and has a network reach of over 2,50,000 retailers in India.



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First Published on Nov 24, 2016 10:22 pm
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