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The Daily Insight

Who is the CEO of Mobikwik?

Author

Mia Phillips

Updated on April 25, 2026

When you refer a friend and invite them to sign up with MobiKwik, both you and your friend earn money by referral code. You earn Rs 100 SuperCash each, when your friend adds Rs 50 in their wallet. You can earn up to Rs 5,000 SuperCash through Refer and Earn. Now earn money by referring your friends to MobiKwik.

Accordingly, is MobiKwik safe?

You will be pleased to know that MobiKwik has been certified as a top security wallet by international standards such as PCI DSS, ISO 27001 & follow RBI Regulations. We are sharing some top security tips which will ensure your MobiKwik wallet is the strongest vault in the world.

Also, what is MobiKwik wallet? 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.

One may also ask, when was MobiKwik launched?

April 2009

What is the use of MobiKwik app?

Mobikwik is a digital wallet that can be used for a number of online payments including transferring money, accepting payments, mobile recharges, payment of utility bills, such as electricity, internet, DTH, and online shopping, to name a few.

Related Question Answers

Which is better Paytm or MobiKwik?

The number of users PayTM has 50 to 100 Mn users. The Mobikwik app has a rating of 4.2 and the PayTM application has a better rating of 4.4. PayTM seems to be more popular among the iPhone users as 3000+ people have given 4+ rating to the application.

Is it safe to take loan from MobiKwik?

MobiKwik has partnered with a number of NBFCs to offer this service to its users. Users can apply for loans ranging from Rs. 5,000 upto Rs 60,000 through MobiKwik app. MobiKwik users who avail loans via the app will have the option to transfer their loan amount to their bank account.

How can I get instant loan from MobiKwik?

  1. DOWNLOAD & APPLY. Download MobiKwik app and apply for loan through the app.
  2. Instant Approval. Fill in your details and get instant approval on the loan amount.
  3. Boost your finances. The amount will be credited to your wallet in less than 5 minutes.

Is it safe to give Aadhar number to MobiKwik?

As per the RBI guidelines, it is compulsory to link your Aadhar number to your wallet. We recommend to get your KYC done, however, not doing so will not impact the most of the services that you can avail on MobiKwik. Users who have not shared any details cannot add money to their wallet.

Can we transfer money from MobiKwik to bank account?

MobiKwik to bank transfer charges Post demonetisation, MobiKwik has made it free to transfer money from your wallet to the bank account. Earlier, the digital wallet company used to charge 4 percent for a non-KYC compliant user and 1 percent fee for a KYC compliant user.

Is Paytm safe?

Completely. Paytm is PCI DSS compliant in terms of security. We never store customer's CVV number to ensure their Credit and Debit Card details are completely safe. All financial transactions on Paytm are done with 128-bit encryption SSL security.

Is PayPal safe?

Nothing is completely risk-free—glitches and data breaches are possible anywhere. But PayPal is a reputable company with enough security and consumer protection in place to keep you relatively safe online. Data security: PayPal's website is secure and encrypted.

Can Paytm give loan?

New Delhi: Digital payments player Paytm on Tuesday partnered non-banking financial company Clix Finance to offer instant digital loans to customers and merchants on its platform. The company would offer loans to Paytm customers and merchants through "Deferred Payment or Postpaid" and "Merchant Lines" facilities.

Is FreeCharge an Indian company?

FreeCharge, is an Indian digital marketplace for financial services based in Gurugram, Haryana, India. FreeCharge services are available across a range of financial instruments including savings, payments, insurance, investment and lending.

What is BSNL wallet?

BSNL wallet is a quick, convenient, and safe mobile wallet for Shopping, Mobile recharge, DTH recharge, Money transfers and Bill payments. BSNL wallet is powered by MobiKwik. You can use BSNL wallet for a cashless & hassle-free transactions!

Where is the headquarters of Paytm?

Freecharge's headquarters is in New Delhi, Delhi, and was founded in 2010. Like Paytm, Freecharge also operates in the Transaction Services industry.

What is Paytm history?

Paytm was founded in August 2010 with an initial investment of $2 million by its founder Vijay Shekhar Sharma in Noida, a region adjacent to India's capital New Delhi. It started off as a prepaid mobile and DTH recharge platform, and later added data card, postpaid mobile and landline bill payments in 2013.

Which was the first digital wallet company in India?

The boom. Wallet365.com was India's first e-wallet, launched in 2006 by media firm Times Group in association with YES Bank. Since then, a number of banks and non-banking financial service firms have entered the industry.

How pay Mobikwik to PayTm?

Transfer Money from Mobikwik Wallet to PayTm Wallet
  1. Next, enter the Mobile number of your PayTm account and the amount you want to transfer to your PayTm wallet account from your Mobikwik account.
  2. Once you are done with the entering of the details, once recheck your mobile number and then click on Send button.

Can MobiKwik wallet be used in Flipkart?

Make sure you have a KYC updated Mobikwik wallet. You want to pay on the store like Flipkart, Amazon which does not have accepts a wallet like Mobikwik. You can still pay for such stores.

Can I delete Mobikwik account?

To delete your Mobikwik account, you need to send a deactivation request by filing a support ticket. Log onto the Mobikwik official website get deactivate your Mobikwik account.

Where can I use MobiKwik wallet?

Which is your preferred mobile wallet?
Wallet/ Use E-commerce Offline shops
FreeCharge Snapdeal, Jabong Yes
MobiKwik eBay, Jabong, Myntra Yes
Ola Money eBay, Voonik, HealthKart Yes
PayUMoney eBay, Jabong, Myntra, Croma Yes

How do I delete my UPI ID?

To delete an account:
  1. Select UPI settings in 'My Account' section.
  2. Select UPI linked bank accounts option.
  3. Click on the three dots and select the option to delete bank account.
  4. Select the accounts to delete and click delete account.

How can I transfer money from my credit card to my bank account?

Do note, direct transfer of funds from credit cards to bank account is not possible. First, you have to add money in your wallet using your credit card. Then, you have to transfer the funds from your digital wallet to your bank account.

How can I get Mobikwik merchant?

To register for a Merchant Account, You must visit mobikwik.com, where You will be required to provide the following "Registration Data": The registered entity name; Your valid and functional e-mail address ("Registered E-mail ID"); and.

Does Mobikwik accept PayPal?

A lot of mobikwik users have requested for PayPal to be provided as a payment option at www.mobikwik.com. Continuing its focus on consumer happiness, mobikwik now allows its users to pay using their verified PayPal account. Payments are in USD ( US Dollars).

How can I transfer money from Mobikwik to Mobikwik?

Transfer Cash to Friends from One MobiKwik Wallet to Another
  1. Open MobiKwik app on your Android device.
  2. Sign into your account and navigate to My Account > Transfer Money.
  3. Now, you will find two options : Send Money or Request Money.
  4. Enter the recipient's email ID or mobile number.

Can I use MobiKwik in Amazon?

There are currently two options to use your Mobikwik cash to purchase at Flipkart and Amazon website. Activate Mobikwik Exclusive Virtual Visa Debit Card. Using this card information you can pay on Amazon and Flipkart websites. You have to select Visa Debit card as the payment option.

Does Big Bazaar accept MobiKwik?

NEW DELHI: Kishore Biyani-led Big Bazar and mobile payments platform MobiKwik has inked an exclusive tie-up to allow the retail firm's customers to pay for purchases using mobile wallet facility. This cashless and card-less shopping experience is now live across over 240 Big Bazaar stores across India, it added.

How can I increase my MobiKwik wallet limit?

MobiKwik allows only 1 maximum transaction per day upto 1000 and customers without NON-KYC i.e. non-upgraded can only transfer up to 3000 maximum in a month from their wallet to the bank, but after upgrading your account i.e. submitting the KYC (Know Your Customer) application you can upgrade the limit of your wallet

Can I add money in MobiKwik from credit card?

MobiKwik is another option to transfer money from credit/debit cards to bank account. You can add money to your MobiKwik wallet from any card and choose the 'wallet to bank' option to transfer the amount to any bank account.

How can I use MobiKwik cashback?

Click on Available Balance option from top Left Side and tap on Statement. Step – 4: You will see your Mobikwik Supercash Statement including an option to Convert it to Cash. Just click on Convert to Cash button.

Can I pay MobiKwik wallet by credit card?

MobiKwik launches credit card payments on the app. MobiKwik has launched a new service that will enable customers to make credit card bill payments on its application. At the moment, however, users can only make payments for Visa credit cards, irrespective of the issuing bank, it said in a press release.

Is MobiKwik safe for online recharge?

Whether you are asleep or awake your MobiKwik wallet is safe! At MobiKwik we value your money and go to great lengths to protect it all times. You will be pleased to know that MobiKwik has been certified as a top security wallet by international standards such as PCI DSS, ISO 27001 & follow RBI Regulations.

What is meant by MobiKwik?

MobiKwik is an Indian company founded in 2009 that provides a mobile phone based payment system and digital wallet. Customers add money to an online wallet that can be used for payments.