Latest News | MobiKwik Introduces Pocket UPI to Facilitate Payments Without Linking Bank Account

New Delhi, Feb 27 (PTI) MobiKwik has announced a new feature on its platform, 'Pocket UPI', which the fintech company said 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, thus giving more power in the hands of the users with an additional choice while they make UPI payments, according to a release.

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"ONE MOBIKWIK SYSTEMS LIMITED (MobiKwik)...introduced a new feature on its platform, 'Pocket UPI', that enables users to have an enhanced control over budgeting and finance management," the release said.

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, it said.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)