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MobiKwik launches RuPay card
November 15, 2021
Mobikwik has partnered with the National Payments Corporation of India (NPCI) and Axis Bank to launch MobiKwik RuPay Prepaid Card, which the mobile wallet firm says can be used with more than 41 million merchants across 190 nations.
“The MobiKwik RuPay Prepaid Card strongly reaffirms our commitment for financial involvement in India. We are diligently working towards bringing innovative products which will deliver pay later experience to our customers,” Upasana Taku, MobiKwik’s co-founder and COO, said.
Mobikwik said in a statement that the MobiKwik RuPay Prepaid Card will be free of cost to clients and purely digital “keeping in line with the icreasing demand for digital payments across online and physical stores.”
“The integration of the card with MobiKwik wallet will allow MobiKwik clients to use the card and wallet balance at over 41 million merchants across 190 nations, in addition to the MobiKwik merchant network,” it also said.
The firm added that clients can now get up to ₹2 lakh of their MobiKwik wallet balance mirrored on the MobiKwik RuPay Prepaid Card.
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