24 October 2017

IndusInd Bank Launches m-wallet with MobiKwik

IndusInd Bank Launches m-wallet with MobiKwik

IndusInd Bank, in association with MobiKwik had announced the launch of a co-branded wallet ‘IndusInd MobiKwik’ that allows its customers to pay at the MobiKwik merchant network using their accounts, with a ’Direct Debit Feature’.

The direct debit feature will allow IndusInd Bank account holders to link their accounts just once and pay using the co-branded app as and when required, thereby eliminating the need to load the MobiKwik prepaid wallet separately.

Important Takeaways from Above News for IBPS PO Mains Exam-
  • IndusInd Bank headquarters in Mumbai.
  • Mr. R. Seshasayee is the Chairman of IndusInd Bank.
  • As on September 30, private sector lender IndusInd Bank had 1,250 branches and 2,146 ATMs spread across 690 locations in the country.
  • Bipin Preet Singh is the CEO of MobiKwik.
Source- The Hindu Business Line

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