MobiKwik online wallet, which is a trusted medium for online payments for over 2.5 million Indians, has added online and mobile shopping to its portfolio, which includes various other online monetary transaction options for various prepaid recharges and online payment of bills.

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MobiKwik offers its customers to recharge up to 50,000 INR into the MobiKwik wallet which can later be used for online transactions in a secure way, in case you don’t trust the third party accepting your payment. You will have to add your details once and can then use the money in your wallet conveniently with a single click and without any hazel. Once your wallet is filled you won’t require interaction with your bank account.

For merchants who want to accept online and mobile payments, the MobiKwik wallet is the first Payment option in India to guarantee nearly 100% transaction success rate and maintain user loyalty to the brand owing to a superior payment experience,” emphasizes Bipin Preet Singh, CEO & Founder, MobiKwik.

MobiKwik claims that up to 10,000 people join its existing user base per day and it powers more that 75 Thousand transactions every day out of which 50 percent are from Android platform. MobiKwik will now focus on Merchant tie ups so that more online transaction platform recognizes and accept MobiKwik payments in future.Merchants interested in using this payment solution can sign up by visiting the official website.

To use this wallet you can either download MobiKwik App which is available on platforms like Android, Apple, J2ME and Blackberry (soon coming to windows Phone as well). You can also log on to their online website and recharge your wallet using debit cards, credit cards, Internet banking or cash cards.

Online wallets offer a trusted platform for transaction and ensure convenient and fast transactions. With the number of mobile internet users growing exponentially every day in India, such wallets and online transactions are the way of the future.

MobiKwik stands for the ‘kwikest’ way to mobile freedom. MobiKwik is building India’s first consumer brand for payments and we are doing it on smartphones. Our projections indicate that in the next 5 years, more than 300 million Indians would attempt to do their first digital transaction using a smartphone. We hope that this first transaction will be completed via a MobiKwik wallet”, says Bipin Preet Singh, Founder & CEO, MobiKwik.

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