A well-known Fintech Unicorn based in Gurugram, MobiKwik has introduced a new feature on its digital platform known as Pocket UPI. This new feature will permit the users to make UPI transactions or payments via MobiKwik Wallet without linking the bank account details.

This inventive feature of MobiKwik helps to avoid clutters in bank statements by combining all the UPI transactions. Users can process their Wallet with the amount they need to expend and then again top up whenever required.

According to press release from the company, the platform of MobiKwik aids in balanced wallet loading through the credit cards, UPI or debit cards. It access & accepts the payments using cards from any network including RuPay, Visa, American Express, and Diners Club. Through Pocket UPI, payments can run across diverse channels including merchant QR codes, e-commerce platforms and up-to-date transfers.

Pocket UPI secures its users from negotiated transactions and financial crime by transacting funds from the MobiKwik Wallet other than their bank account, thereby it limits the exposure of banking details when doing financial transactions.

Commenting on the occasion, Bipin Preet Singh, Co-Founder & CEO, MobiKwik, says, “Fintech is a dynamic sector that needs consistent innovation to meet the demands of users. With Pocket UPI, we believe that we have added new features to the digital wallet”.

Established by Bipin Preet Singh, MobiKwik is serving more than 146.94 million registered users along with a merchant network of 3.81 million. Recently MobiKwik appointed Mohit Narain as Chief Operating Officer of consumer payments.