MobiKwik users can now add cash to wallet via any ICICI Bank branch

In one of its kind move, ICICI Bank and MobiKwik have come together to enable digital payment solutions. With this collaboration, users will be allowed to deposit direct cash to their digital wallet from any branch of ICICI Bank (4,000 branches).

MobiKwik and ICICIUntil now, the major hindrance in the growth of mobile wallets usage was the pre-requisite to have a bank account in order to transfer money through net banking or card payment.

Bipin Preet Singh, founder and chief executive, MobiKwik. said, “We believe our tie-up with India’s largest private-sector bank ICICI, is a big step forward for the entire mobile payments industry,” he said.

This move by ICICI Bank and MobiKwik will enable over 900 million mobile users in India who don’t have a bank account, to make online transactions without needing a bank account. Interestingly, ICICI Bank has taken many steps towards complete digitization of its banking services. The Bank recently launched “Pockets” app , which is a wallet app and provides users with banking on-the-go.

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3 Comments on "MobiKwik users can now add cash to wallet via any ICICI Bank branch"

 

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imran
July 1, 2015 12:08 am 12:08 AM

Icici pocket app full of BUGS , Unable to load money in wallet,login problem . ,so..on..

CHAITANYA DAS
May 30, 2015 12:09 am 12:09 AM

Who use the mobikwik, and do not have a bank account?? Quite impossible.

dj
May 29, 2015 10:45 pm 10:45 PM

was trying to add money in my mobikwik wallet using the service mentioned above but failed when i try to add money and selected cashpay option i got error “this service is available in delhi and ncr only”.

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