MobiKwik claims to lead digital financial services with PPI Wallet transactions in April-May, increasing market share from 11% to 23%, driven by new product Pocket UPI.
MobiKwik has claimed to be the leading digital financial services platform by value for PPI Wallet transactions in April and May, with a significant market share increase from 11% in March 2024 to 23% in May. MobiKwik's new product, Pocket UPI, has reportedly played a crucial role in expanding the company's reach and simplifying payments, especially in Tier II and III cities. The seamless payment method allows users to make instant transactions across the UPI network without needing to link their bank account.
July 08, 2024
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