MobiKwik has announced the launch of the ‘AutoBill Pay’ feature for its 25 million ZIP users to simplify recurring bill payments. ZIP is MobiKwik’s flagship Buy Now Pay Later (BNPL) product which extends a line of credit to its users.
This feature is designed to help ZIP users pay multiple bills such as electricity, water, gas, mobile, DTH, etc. automatically every month using the BNPL credit line. To activate the feature, the users will have to register their billers on the MobiKwik app and enable the AutoBill Pay feature.
MobiKwik is a Fintech company and one of the largest mobile wallets and one of the largest Buy Now Pay Later (BNPL) players in India. Digitally paying users have been rapidly growing in India in the last decade, but the credit card penetration in the country is still only 3.5%. We are focused on addressing the unmet credit needs of the fast-growing digitally paying users by combining the convenience of everyday mobile payments with the benefits of BNPL, the company says.
With the AutoBill Pay feature, MobiKwik ZIP users can automate all their bill payments. It provides users with the facility to create, approve, modify, pause as well as revoke auto-debit on ZIP as per their requirements. To use the AutoBill Pay feature, users will need to update their existing MobiKwik mobile app. Once updated, the option of “Pay one bill for all bills” would appear on the dashboard for both android and iOS users. Users can choose their preferred utility bills and a single ZIP bill will be generated on monthly basis. The bills would be fetched 15 to 20 days prior to the due date/s and users will get the notification before the payment is debited.
With the AutoBill Pay feature, MobiKwik ZIP users can automate all their bill payments. It provides users with the facility to create, approve, modify, pause as well as revoke auto-debit on ZIP as per their requirements. To use the AutoBill Pay feature, users will need to update their existing MobiKwik mobile app. Once updated, the option of “Pay one bill for all bills” would appear on the dashboard for both android and iOS users. Users can choose their preferred utility bills and a single ZIP bill will be generated on monthly basis. The bills would be fetched 15 to 20 days prior to the due date/s and users will get the notification before the payment is debited.
Founded in 2009 by Bipin Preet Singh and Upasana Taku, The company commenced operations as a mobile wallet to make digital payments convenient for our users. The use cases have since expanded to include bill payments, e-commerce shopping, food delivery, petrol pumps, large retail chains, pharmacies, Kirana stores, etc. Our platform also enables peer-to-peer payments via a unified payment interface (“UPI”), MobiKwik Wallet as well as MobiKwik Wallet to bank payments. Over the years, the company amassed over 101 million Registered Users and more than 3 million e-commerce, physical retail and biller partners.
Online Recharge & Bill Payments At MobiKwik
Now make instant bill payments or recharges instantly with MobiKwik. With money loaded in the MobiKwik wallet, it takes seconds to do your mobile recharge, data plan or DTH recharges! MobiKwik covers all the top operators in India like Airtel, Jio, MTNL, Vi, Dish TV, Tata Sky & more. Just not that, but you can also pay all your utility bills like electricity bills, gas, water, insurance premium, cable etc, from anywhere, anytime.
Make instant transactions with MobiKwik today to get the best discount and cashback offers every time you pay. So, just download the MobiKwik app and the rest will be taken care of.
Other Services
MobiKwik not only enables its users to pay & save on online transactions but also takes care of wealth management & credit facilities for their users. One can opt for Mutual funds, Digital Gold, Instant Loans, Money Transfers, Pay later & more services. With MobiKwik, users can invest in the right Mutual Fund starting at just ₹100 giving them the liberty to start small and build their investment portfolio with several investment options. Also with MobiKwik’s spend now, pay later service – ZIP, one can get a credit up to ₹30,000 at ZERO cost to shop, pay bills and much more, making it easier for the users to manage cash crunch.
