MobiKwik Records 150,000 Downloads for its Mobile Recharge & Bill Pay Android Application in less than 3 months

MobiKwik, India's fastest growing mobile (m) wallet player, has recorded a phenomenal 150,000 number of downloads for its Mobile Recharge & Bill Pay application (app) since September 2012, when it launched a major upgrade to its mobile app. The MobiKwik app is also the highest rated recharge app on the Google Play Store and rated fourth among free apps in the shopping category, right behind flipkart.com. The company expects the MobiKwik mobile app to add exponentially to its user base in the coming months. MobiKwik currently boasts of having 1.5 million users.

MobiKwik is today the preferred destination of Indian consumers for all their recharge and bill payment needs and is synonymous with being the safest, fastest and easiest means of recharging online. With the MobiKwik Mobile Recharge & Bill Pay app on their smart phone, users can pay their telecom bills for both mobile and landline and utility bills for electricity, insurance and gas. By parking money in their MobiKwik wallet, users can make fast and hassle free payments in just one click without hopping between merchant websites, payment gateways and banks. The MobiKwik mobile app is free, fast and lightweight and it has received excellent reviews and ratings by users, a high of 4.5 out of 5 stars. Users have specially loved the clean and iconized look of the app and are bowled over by the convenience it offers to recharge and pay bills.

Available on Google Play Store at https://play.google.com/store/apps/details?id=com.mobikwik_new

"Given the telecom boom in India and the high growth being experienced by smart phones, a mobile app becomes a vital route to customers as it provides the required engagement and ability to use the app on the go irrespective of location factors. We expect the MobiKwik Android App to add millions of new users for MobiKwik as it will make the m-wallet available in an easy and engaging way to a very large user base, says Bipin Preet Singh, CEO & Founder, MobiKwik.

Launched in 2009, MobiKwik aims to build a mobile payment ecosystem that will enable its users to pay via their MobiKwik wallet at the most frequent places they shop online and offline. MobiKwik's ambition is to be the PayPal of India by simplifying digital transactions between merchants and consumers, facilitated by the MobiKwik m-wallet.

Source : Equity Bulls

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