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How is MobiKwik revolutionizing user behavior with Pay Later?

How is MobiKwik revolutionizing user behavior with Pay Later?
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Inside Paytm s platform-agnostic play: wallets don t make money, bet on insurance, FASTag, et al

✖ Getty Images Synopsis It doesn’t bother Paytm whether its customers are using UPI, wallets, or cards as long as the transaction happens within its ecosystem. It has delinked its growth from mobile payments. Paytm wants to use its platform to sell multiple financial services such as digital gold, mutual funds, insurance, etc. Is wallet as a model losing its biggest exponent? “I m putting all my eggs in one basket.I m giving all my love to one baby.”Follow the Fleet, a 1936 hit, made the song Irving Berlin wrote for the film immortal. The protagonists in today’s story, however, are strong believers of putting the eggs in different baskets. They believe the real deal in digital payments should play out much beyond the confines of the current ecosystem. Indeed, India’s fintech sector is witnessing the shifting

RBI orders Mobikwik to undertake forensic audit over data breach

RBI orders Mobikwik to undertake forensic audit over data breach The Gurugram-based company has, however, claimed that its systems are secure and that there is no basis to the allegations of data breach by a group of hackers who said that they accessed personal and financial details of nearly 10 crore customers BusinessToday.In | April 1, 2021 | Updated 12:30 IST RBI asks Mobikwik to carry forensic audit The Reserve Bank of India has asked digital wallet firm Mobikwik to get a forensic audit done without delay over data breach allegations. The Gurugram-based company has, however, claimed that its systems are secure and that there is no basis to the allegations of data breach by a group of hackers who said that they accessed personal and financial details of nearly 10 crore customers.

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