MobiKwik has now opened up access to its patent-pending Power Wallet interface that processes mobile wallet payments.
Power Wallet API has been integrated by MobiKwik retail partners such as OYO Rooms, PVR Cinemas, Zomato, Meru Cabs, Big Bazaar, WHSmith India, and Archies. It is also deployed on IRCTC’s mobile app.
The company is now in talks with other retailers to integrate the new payment technology on their platforms.
It is the Power Wallet’s one-time user authentication process that makes it easier to transact as users need not enter their credentials repeatedly for subsequent payments.
Bipin Preet Singh, Founder & CEO, MobiKwik, said, “Our latest innovation, Power Wallet, gives retailers a platform that delivers near-100 percent success rate in processing payments. The scalable interface is easy to integrate across multiple retailer platforms and is an ideal solution for merchants looking for a quick-to-deploy, omni-channel digital payment mechanism.”
With one-time integration, the Power Wallet is activated across the retailer’s website, mobile website, apps, and offline point-of-sale terminal.