- A new mobile wallet application to help shopkeepers in receiving payments seamlessly, even with basic EDGE connection- Under 1 mb app, that can be downloaded within 30 seconds
- MobiKwik ‘Lite’ is available in Hindi and English and can be downloaded by giving a missed call to 80971-80971
New Delhi; November 28, 2016: Indian mobile wallet major, MobiKwik, today announced the launch of MobiKwik ‘Lite’, India’s lightest mobile wallet, that is easy to understand and helps unorganised retailers and shopkeepers across India in receiving payments seamlessly. Being an under 1 mb app that works smoothly on EDGE connections, MobiKwik ‘Lite’ will address the underserved smartphone users in India, who face challenges of slow data connectivity and thus are unable to access digital payments easily. Users can download this app with just one missed call and sign up with their mobile number only, no email id required.
Speaking on the launch, Bipin Preet Singh, Co-founder of MobiKwik said, “Majority of Indians do not have access to digital payments due to connectivity issues. With 250 million smartphones and less than 50% net penetration, India is highly underserved and the adverse impact of this reality is being observed by masses given the recent demonetization. To bridge the gap between India & Bharat, we have launched MobiKwik ‘Lite’. By end of this week, the app will be available in all major Indian languages and soon, MobiKwik Lite will work without any net connectivity too, therefore addressing all the challenges being faced by masses in accessing wallet payments, be it language, connectivity or quality of smartphones.”
MobiKwik ‘Lite’ can be downloaded directly by any shopkeeper or retailer by giving a missed call to 80971-80971 from any Android smartphone, even without an email id and without having a Google Play Store account. After giving a missed call to this number, users will receive a link to download the application. Once a user clicks on this link, they will be taken to the download page, where the app can be downloaded from within 30 seconds, even on a 2G/EDGE connection. User then receives an OTP and is registered instantly on the MobiKwik platform. The app will work seamlessly on an Android smartphone even with a dated Android OS. The company will also be launching an offline version of this app.
“MobiKwik is proud to be a made in India company with Indian ownership. We are here to serve our fellow Indians with technology and innovation. Our new product addresses the issues being faced by local retailers since demonetization and we are passionate and committed to resolve any challenges being faced by masses in India, pertaining to payments.” Upasana Taku, Cofounder of MobiKwik added.
The company is also expnding its on-ground workforce to reach out to unorganised retailer pan India and educate them about MobiKwik ‘Lite’.
About MobiKwik:
MobiKwik is an Indian wallet major with a network of over 250,000 direct merchants and 40 million plus users. Founded in 2009 by Bipin Preet Singh and Upasana Taku, the company has raised three rounds of funding from Sequoia Capital, American Express, Tree Line Asia, MediaTek, GMO Payment Gateway, Cisco Investments and Net1. MobiKwik aspires to be the largest source of digital transactions in India.
One of the leading digital payments platforms for online and offline merchants, MobiKwik is powering payments for IRCTC, Uber, Meru Cabs, Big Bazaar, OYO Rooms, Zomato, PVR, Archies, WHSmith India, BookMyShow, Grofers, Big Basket, Dominos, Burger King, Pizza Hut, eBay, ShopClues, Myntra, Jabong, Pepperfry, Barista, Food Panda, Nearbuy, Van Heusen, Allen Solly, Louis Phillips, GoDaddy, MakeMyTrip.