Quick Answer: Is MobiKwik Secure?

Can I delete MobiKwik account?

Other than the Retained Data, we will delete and destroy all Personal Information that we hold about you when you (or we) terminate your MobiKwik account.

We do not store your online banking login PIN, TAN and/or password.

Please forward any Such E-mail to risk@mobikwik.com and thereafter delete the e-mail immediately..

Is Google Pay RBI approved?

Google India Digital Services Pvt Ltd has told the Delhi High Court that its Google Pay app does not require RBI authorisation as it is not a payment system operator (PSO) but a third party application provider.

Is MobiKwik trustworthy?

Whether you are asleep or awake your MobiKwik wallet is safe! At MobiKwik we value your money and go to great lengths to protect it all times. … You will be pleased to know that MobiKwik has been certified as a top security wallet by international standards such as PCI DSS, ISO 27001 & follow RBI Regulations.

Is MobiKwik approved by RBI?

MobiKwik wallet is a semi closed wallet authorized in 2013 by the Reserve Bank of India (RBI). The RBI license allows the company to create marketplaces where customers can purchase goods and services from third party vendors, avoiding the reportedly high failure rates of payment gateway transactions in India.

How can I get my money back from MobiKwik?

MobiKwik will not refund or reverse a payment erroneously made by YOU. All sales of prepaid recharge on the MobiKwik platform are final with no refund or exchange permitted.

How much does MobiKwik charge to transfer money to bank?

Schedule of charges Min KYC & Full KYC WalletsServiceCharges (Rs.)TransferCharges (Rs.)Wallet to wallet0Wallet(Full KYC Only) to bank3.45% + GST of transaction amount**For Failed transactions, total amount including charges are reversed.7 more rows

Is FreeCharge an Indian company?

FreeCharge, a wholly owned subsidiary of Axis Bank Limited, is India’s No. 1 payments app. Customers across the country use FreeCharge to make prepaid, postpaid, DTH, metro recharge and utility bill payments for numerous service providers.

Does MobiKwik give loan?

Users can apply for loans ranging from Rs. 5,000 upto Rs 60,000 through MobiKwik app. MobiKwik users who avail loans via the app will have the option to transfer their loan amount to their bank account. … MobiKwik users are required to update their KYC with PAN card and other KYC details to avail the loan benefit.

Can I use MobiKwik without KYC?

We recommend to get your KYC done, however, not doing so will not impact the most of the services that you can avail on MobiKwik. For non-KYC users, the only changes are: Users who have submitted their KYC details, but have not verified them (minimum KYC) can add money up to Rs. 10,000.

Who is the CEO of MobiKwik?

Bipin Preet Singh (Aug 1, 2009–)MobiKwik/CEODigital Payments in India is exploding and we intend to capitalise on the opportunity to serve the payment needs of India’s online businesses,” MobiKwik co-founder and CEO Bipin Preet Singh said.

Is PayTM a Chinese company?

Paytm Chinese link Though the company is completely Indian, PayTM lists Ant Financial, a Chinese bigwig, as its major investor. For those unaware, Ant Financial is an affiliate company of the Chinese Alibaba Group and enjoys a position as the world’s highest-valued FinTech company, with a valuation of $150 billion.

Who bought FreeCharge?

It was at this point that Jasper InfoTech, the parent company of Snapdeal, sold digital payment app Freecharge to Axis Bank for $60 Mn in July 2017, thereby securing the much-required capital to sustain Snapdeal.

Who owns MobiKwik?

Bipin Preet SinghAbout MobiKwik Founded in 2009 by Bipin Preet Singh and Upasana Taku, the company has raised over $100M in funding from marquee investors. With 60% Indian ownership, MobiKwik is the Truly Indian Payments App.

What is the interest rate of MobiKwik loan?

8.95%Personal Loan – Apply Personal Loan Online @8.95% Interest Rate, Lowest EMI.

Is FamPay RBI approved?

We are RBI compliant 🥇 FamPay is 100% compliant with RBI’s regulations, which means we are authorised to keep your money in a safe digital account and enable payments for you with a single click!