One of the many arguments against the center’s push for a cashless economy is that most Indians have slow or no access to the internet and that most do not understand the web’s default language – English.
Mobile payments company MobiKwik has launched an easy to understand app called ‘Lite’, which it hopes to bridge this gap and make the entire process of receiving payments work seamlessly.
“Majority of Indians do not have access to digital payments due to connectivity issues. With 250 million smartphones and less than 50 per cent net penetration, India is highly underserved and the adverse impact of this reality is being observed by masses given the recent demonetization. To bridge the gap between India & Bharat, we have launched MobiKwik Lite,” says Bipin Preet Singh, Co-founder of MobiKwik.
MobiKwik Lite is less than 1MB in size and can be downloaded within 30 seconds, according to the company. The app is available in Hindi and English and users can download the same by giving a missed call to 80971-80971. The app works on EDGE connection as well, allowing users in areas with slower connections to make digital payments easily. It supports, receiving payment, bank transfer, P2P transfer, bill payments and recharge.