Like rupay credit card now you can use MasterCard and Visa to make upi transactions. But the process is quite different. Unlike direct linking your credit card with upi, here is a new feature where you can transfer money from credit card to bank or pay at any local store without any charges by just using Mobikwik wallet upi system.
Before starting let you clear that maximum Transferable amount using this feature is rupees 5000 per month and the receiver must having a merchant account otherwise convenience charges may apply.
Firstly you have to install Mobikwik app or if you already installed please upgrade your app to the latest version and complete KYC. Now under wallet section of home page you can see that your wallet is linked with an upi. Now add money to MobiKwik wallet using your credit card and you can scan and pay at any Store via selecting "Wallet" option as payment mode or can approve any payment by using your wallet upi.
Please don't opt for "wallet to bank" option otherwise you will get charged. Or dont send wallet money to any non-merchant account. Merchant can be of any third party upi app.
Download/Update Mobikwik app now, you will be redirrected to playstore
( you will also get 20 cashback for upi payment of minimum transaction value 25 if you download it from above link )
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