Suvidhaa Infoserve, the Mumbai based remittance company, has tied up with mobile wallet company MobiKwik to allow its retail outlets to be used for loading cash into their wallets. This tie-up will enable customers of MobiKwik to recharge their mobile wallets from any of the 90,000+ Suvidhaa outlet across the country by depositing cash. This will overcome the barrier of recharging the wallet via cards or net banking thereby expanding the user base of people using mobile wallets.
This partnership is especially important and value adding because it brings into the fold of mobile e-commerce, even those customers who are yet un-banked or do not own debit cards or credit cards. Further, even those customers who are unwilling to opt for card payment or netbanking and are not confident about sharing their bank details due to security reasons, can now make cash payments through Suvidhaa outlets for cash loading in their MobiKwik m-wallets after downloading the app on their phones and registering themselves.
Paresh Rajde, Chairman, Suvidhaa Infoserve, says-
“Despite the fact that more than 600 million people in India own debit or credit cards, over 90% of our population still do not transact online. Our partnership with MobiKwik is yet another attempt to bridge this gap by offering various payment services to both evolved and non-evolved customers with the assurance of instant, safe and secure transactions,”