Mobikwik launches MobiKwik RuPay Card

Mobikwik has collaborated with National Payments Corporation of India (NPCI) and Axis Bank to launch MobiKwik RuPay Card, which, according to the company, can be used with more than 41 million merchants across 190 countries.

Among the key features of the MobiKwik RuPay card are no activation fees, up to 50 per cent discount on Home Centre and up to 30 per cent discount on Uber bookings when signing up. There will also be personal accident insurance (accidental death or permanent total disability) of up to ₹2 lakh as well as MobiKwik SuperCash on card purchases.

Once customers avail of the facility, they will automatically qualify for MobiKwik Zip, a flagship BNPL product, which provides up to Rs 30,000 credit in the user's wallet.

RuPay will bring in the state of art features on tokenization, offline transit, and attractive offers across different categories like travel, dining, retail shopping, bill payments, etc.

“The MobiKwik RuPay Card is suitable for young Indians who are looking for cashless, secure, and innovative payment options,” Rajiv Anand, deputy managing director of Axis Bank, said.