Mobikwik is not affected by Aadhaar Based Payment Systems
Friday, March 3, 2017, 12:33 PM
Digital wallet company Mobikwik, said it would stay firm on its three-fold growth projection to USD 10 billion GMV, by the end of 2017, despite the arrival of the Aadhaar based biometric payment system. Mobikwik would stay relevant and credible for the market. The government has already launched BHIM App that uses biometric for receiving Aadhaar enabled payments, bypassing debit cards, pin and passwords.