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Thursday 24 November 2016

MobiKwik Announces MobiKwik Card To Replace Debit, Credit Cards

Mobile wallet major, MobiKwik, today announced that 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. Net1 UEPS Technologies Inc, South Africa headquartered global payments solutions and transaction processing company, also a strategic investor in MobiKwik will be helping the company with their proprietary Card technology for the initiative. This is a noteworthy step in MobiKwik wallet payments ubiquitous.



With just one click, users can generate MobiKwik Card from the app and share details of the card with any online or offline retailer for payment. The card will work on all online platforms and PoS machines. It is the safest way to pay through cards as users do not have to share their bank or card details with the merchant and new cards are generated within their MobiKwik app, each time for transactions.

Users’ MobiKwik balance will also be the balance of the card, which can be used 100% for purchases.

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