Log In

 

Company Name : MobiKwik

Friday, May 5, 2017 1:18PM IST (7:48AM GMT)

MobiKwik's Users Earn Upto Rs 50 Crores Using Supercash


Gurgaon, Haryana, India

> <
  • MobiKwik'sMobiKwik's Supercash helped the company in increasing transactions
 
Indian mobile wallet major, MobiKwik today announced that the company has disbursed over Rs. 50 crore worth of Supercash in the months of March and April, 2017. Supercash is industry’s first loyalty initiative that allows users to earn and spend cashback on every transaction.
 
Users from Delhi, Mumbai and Bangalore earned maximum Supercash in the period. The initiative was launched in February 2017. The company observed a 28 percent growth in transactions per user along with a 32 per cent improvement in customer retention during this period followed by an increase in the number of transactions per user grown by 17 per cent.

Supercash initiative has a with connect Indian users who like to do frequent transactions and like savings on every transaction.

“MobiKwik’s SUPERCASH loyalty initiative is a strategic programme by the company to reach out to our loyal target audience. This initiative helps us to get closer to our daily users; also it gives us the opportunity to give them something in return for being loyal to us. We have seen a massive interest towards this loyalty initiative by MobiKwik, they are finding it an interesting medium to earn money and get benefits on every transaction. We are very excited with the response we have received and hope to grow bigger by the day” says Mr Daman Soni, Vice President for Growth, MobiKwik.

Users can make huge savings on their transactions at Big Bazaar, Central, Petrol pumps, Relaxo, Bata, Needs store etc starting today. MobiKwik currently powers payments for IRCTC, NHAI, Meru Cabs, Big Bazaar, MakeMyTrip, OYO Rooms, Zomato, PVR, Archies, WHSmith India, BookMyShow, Grofers, Big Basket, Dominos, Burger King, Pizza Hut, eBay, ShopClues, Myntra, Jabong, Pepperfry, Barista, Food Panda, Nearbuy, Van Heusen, Allen Solly among others.

About MobiKwik

MobiKwik is an Indian wallet major with a network of more than 15 lakh direct merchants and over 55 million plus users. Founded in 2009 by Bipin Preet Singh and Upasana Taku, the company has raised three rounds of funding from Sequoia Capital, American Express, Tree Line Asia, MediaTek, GMO Payment Gateway, Cisco Investments and Net1.

The company has offices in New Delhi, Mumbai, Bangalore, Pune and Kolkata. MobiKwik aspires to be the largest source of digital transactions in India. It is powering e-payments for NHAI, Bharat Petroleum, Indian Oil, Amul, Verka, IRCTC, Uber, Meru Cabs, Big Bazaar, OYO Rooms, Zomato, PVR, Archies, WHSmith India, BookMyShow, Grofers, Big Basket, Dominos, Burger King, Pizza Hut, eBay, ShopClues, Myntra, Jabong, Pepperfry, Barista, Food Panda, Nearbuy, Van Heusen, Allen Solly, Louis Phillips, GoDaddy, MakeMyTrip.


Click here for Media Contact Details

Jagriti Motwani, GM - PR, MobiKwik, +919910144661


More News from MobiKwik

31/10/2017 11:15AM Image

Gurugram Residents to Get 10 percent Discount on Property Tax Payment through MobiKwik

MobiKwik users in Gurugram can now avail upto 10% discount on paying property tax through the e-wallet.

18/10/2017 5:45PM Image

This Diwali, Pay through MobiKwik QR Code and Win Gold

This Diwali, users of Indian mobile wallet major, MobiKwik can win gold worth Rs 1lakh on QR Code transactions. MobiKwik powers digital transactions for over 20 lakh merchants pan-India, and the offer is also valid on ...

07/10/2017 12:30PM Image

MobiKwik Launches Festive Brand Campaign, 'Paisa Bana Powerful'

MobiKwik's new brand campaign, 'Paisa Bana Powerful' promises more value for every rupee to its 65 million users. This festive season, users will get at least 5% Supercash on every transaction on MobiKwik app and ...

Similar News

12/12/2017 9:45AM

NTT Communications Addresses Network and Cyber Security at Capacity Asia 2017

Executives from some of the world’s leading global carriers and cyber security firms will explore the unique challenges and opportunities facing operators and security companies at a major telecom industry ...

No Image

12/12/2017 9:35AM

NTT Communications Strengthens its DDoS Protection Services with New Detection Solution

NTT Communications Corporation (NTT Com), the global data and IP services arm of Fortune Global 500 telecom leader NTT (TYO: 9432), announced that it is expanding its Distributed Denial of Service Protection Services ...

News Summary

Indian mobile wallet major, MobiKwik today announced that the company has disbursed over Rs. 50 crore worth of Supercash in the months of March and April, 2017.