MobiKwik

pmt_mobikwik

MobiKwik combines an Indian mobile wallet with UPI, bill payment and recharge services. Its Pocket UPI feature lets customers spend wallet balances through UPI without linking a bank account, extending a stored-value payment app into India’s interoperable account-to-account ecosystem.

Use cases:
Initiation:
Users
10M
Markets
1
TPV
$1.1B
Transactions
90M

Estimated Monthly Usage, Aurato Research, October 2026

Historical trends

Capabilities

Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities

Markets

Estimated Monthly Usage, Aurato Research, October 2026

PSPs

Schemes

Compliance

Standards