MobiKwik, Walmart Announce Exclusive Partnership

MobiKwik will be the exclusive mobile payments partner to Walmart, offering members of its Best Price programme.

Published: 04th August 2015 09:16 PM  |   Last Updated: 04th August 2015 09:16 PM   |  A+A-

MobiKwik_Tw
By IANS

NEW DELHI:  Mobile payment solution provider MobiKwik on Tuesday said that it will power 20 of Walmart's chain of outlets named Best Price Modern Wholesale stores in nine states.

Under this partnership, MobiKwik will be the exclusive mobile payments partner to Walmart, offering members of its Best Price programme, which comprises small businesses and 'kirana' stores a secure, swift and convenient payment option across channels, the company said in a release.

Speaking about the tie-up, MobiKwik founder and CEO Bipin Preet Singh said: "With this partnership, together Walmart and MobiKwik are bringing the power of mobile payments to the lakhs of small businesses and kirana stores in India."

"Besides making payments via the wallet, Best Price members who use MobiKwik will get refunds and incentives from Walmart 'instantly' in their wallets. Members will also be able to load cash into their MobiKwik Wallets to make purchases via the Best Price mobile app," he added.

The MobiKwik mobile payment solution will allow instant one-tap payments for transactions placed through the Best Price mobile app, and will also allow its users to make payments via the MobiKwik wallet on the Walmart Best Price website and in the physical stores, said a company spokesperson.

About the app used in Modern Wholesale outlets, Walmart president and CEO Scott Price said: "Our new mobile app will give Best Price members a personalised and seamless shopping experience."

"We understand not just what customers want and need, but also where they want it and how they want to experience it. With our size and scale in India, we can serve customers quickly and more effectively with the whole range of channels we are offering," he added.

Stay up to date on all the latest Business news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp