Know the step by step process to Use Pocket UPI by MobiKwik – Payment application MobiKwik has launched the new facility to make payment through UPI without linking the bank accounts. The new feature of Pocket UPI by MobiKwik will enable users to have an enhanced control over budgeting and finance management.
Pocket UPI allows users to make UPI payments through MobiKwik Wallet without linking their bank account. The platform supports balanced loading through credit cards, debit cards, or UPI. It accepts card payments from any network, including RuPay, Visa, American Express, and Diners Club. Payments via Pocket UPI can flow across various channels, such as merchant QR codes, e-commerce platforms, and peer-to-peer transfers.
Also Read – How To Activate UPI Payments For International Trip ?
Pocket UPI safeguards users from compromised transactions and financial fraud by transferring funds from the MobiKwik Wallet rather than their bank account, thus limiting exposure when making financial transactions.
How Pocket UPI works ?
Follow the steps to use Pocket UPI.
- Create a unique wallet UPI ID on the MobiKwik platform
- Add funds to wallet using a debit card, credit card, or bank account.
- Once the wallet is loaded, users can initiate UPI payments directly from their wallet balance.
- Users have the flexibility to load their wallet with the desired amount for spending and top up as needed, with support for balance loading through credit cards, debit cards, or UPI.
The platform accepts card payments from major networks such as RuPay, Visa, American Express, and Diners Club. Payments using ‘Pocket UPI’ can be conducted across various channels, including merchant QR codes, e-commerce platforms, and peer-to-peer transfers.