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Is MobiKwik and Paytm same?

Is MobiKwik and Paytm same?

— Most of the services offered by Mobikwik are the same as Paytm. — It allows mobile recharge, bill payments for utilities like electricity, water, and gas. — The Mobikwik wallet option is also supported for online transaction on several websites. — Transfer and receive money through the app.

How popular is MobiKwik?

MobiKwik claims to have more than 120 million users, making it one of the largest payments network in the country, alongside support at 3 million merchants and more than 300 billers across India.

Is it safe to link bank account with MobiKwik?

On MobiKwik the user data is end to end encrypted hence making the data and transaction super safe. Charges involved – The charges for making a transfer from a credit card to a bank account varies from bank to bank.

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Is MobiKwik profitable?

Revenue of MobiKwik FY 2017-2021 The revenue of MobiKwik reached three billion Indian rupees in fiscal year 2021. This was a significant decrease compared to the previous year. MobiKwik is an Indian-based digital wallet company founded in 2009.

WHO launched Paytm?

Vijay Shekhar Sharma
At 27, Vijay Shekhar Sharma was making 10,000 rupees ($134.30) a month, a modest salary that did not help his marriage prospects. “In 2004-05, my father asked me to shut my company and take up a job even if it was for 30,000 rupees,” Sharma, who went on to found digital payments firm Paytm in 2010, told Reuters.

Which is better PhonePe or MobiKwik?

PhonePe pips industry leader Paytm in ease of use and also has fewer technical glitches, making it easier for first-time users to make digital transactions….PhonePe beats all rivals when it comes to error-free, smooth digital payments in India.

Company Overall user experience score
MobiKwik 62
Google Pay 56
Axis Pay 66
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Is MobiKwik Indian app?

MobiKwik is an Indian digital payment company, founded in 2009 that provides a mobile phone based payment system and digital wallet.

What is the full form of UPI?

A Unified Payment Interface (UPI) is a smartphone application that allows users to transfer money between bank accounts. It is a single-window mobile payment system developed by the National Payments Corporation of India (NPCI).

What is SuperCash in MobiKwik?

SuperCash is a way of ensuring that you get a discount on each transaction. SuperCash works on the same lines as cashback, only difference being it gives you 5\% discount on every transaction. For instance, you have ₹10,000 as available balance & ₹600 as SuperCash in your wallet.

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