MobiKwik launches 'MobiKwik Lite’ wallet for unorganised retailers

Indian mobile wallet major, MobiKwik, today announced the launch of MobiKwik ‘Lite’, India’s lightest mobile wallet, to help unorganised retailers and shopkeepers across India in receiving payments seamlessly.

MobiKwik Lite is an under 1 MB app that works smoothly on EDGE connections and slow data connectivity. Users can download this app with just one missed call at 80971-80971 and sign up with their mobile number only,

Speaking on the launch, Bipin Preet Singh, co-founder, MobiKwik said, “To bridge the gap between India & Bharat, we have launched MobiKwik ‘Lite’. By end of this week, the app will be available in all major Indian languages and soon, MobiKwik Lite will work without any net connectivity too, therefore addressing all the challenges being faced by masses in accessing wallet payments, be it language, connectivity or quality of smartphones.”

MobiKwik ‘Lite’ can be downloaded directly by any shopkeeper or retailer by giving a missed call to 80971-80971 from any Android smartphone, even without an email id and without having a Google Play Store account. After giving a missed call to this number, users will receive a link to download the application. Once a user clicks on this link, they will be taken to the download page, where the app can be downloaded from within 30 seconds, even on a 2G/EDGE connection.

The app will work seamlessly on an Android smartphone even with a dated Android OS. The company will also be launching an offline version of this app.

"MobiKwik is proud to be a Made in India company with Indian ownership. We are here to serve our fellow Indians with technology and innovation. Our new product addresses the issues being faced by local retailers since demonetization and we are passionate and committed to resolve any challenges being faced by masses in India, pertaining to payments,” said Upasana Taku, co-founder, MobiKwik added.

MobiKwik is an Indian wallet major with a network of over 250,000 direct merchants and 40 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. MobiKwik aspires to be the largest source of digital transactions in India.