MobiKwik = Mobile + Quickly
Mobile = Literally mobile devices OR 24/7 with you as in mobility
Quickly = Promptly. Without delay.
So MobiKwik = 24/7 with you to pay/receive money quickly and hassle free. Cross platform and cross device.
MobiKwik aims to act as an invisible (and I really mean invisible when I say invisible) between the person making the payment and the one receiving money.
The receiver can be a shop, store, website, service, business or person. The same goes for a payer (although currently limited to end users and customers only).
When I say invisible, I infer that the person doesn’t mind having another layer between his credit/debit card and wallet, and instead prefers the wallet as it requires fewer steps than his credit card and unifies all his methods of payment.
With a wallet like MobiKwik, our aim should be to make it like a digital bank. Much like HDFC or ICICI. Whereby the person can make most/all types of incoming/outgoing transactions through a single app like MobiKwik. For example, ticket bookings for all purposes, eCommerce transactions across multiple websites, and cash exchange among friends and others.
Our aim should be to imply on the simplicity of the above. And the unity of the above. How MobiKwik can get the job done in fewer steps. Faster. And with greater security.
MobiKwik already has an offers portal. And that will only get bigger. So we should bank heavily on that as well.
Let us do it! 🙂