MobiKwiK Launched RuPay Prepaid Card (BNPL)

[LUKA]

1. Open MobiKwiK App And Activate MobiKwiK ZIP

2. MobiKwiK ZIP is same like PayTM Postpaid. You Will Get Some Limit To Use

3. You Need To Pay Amount In 30 Days Without Any Intrest

4. After Activating ZIP, You Can See RuPay ZIP Card Option On Home Page

5. You Can Click On Profile Icon On Top Right Corner, You Can See MobiKwiK ZIP Black Card

6. You Can See Cards Option On Home Screen Also

7. Activate RuPay ZIP Card. You Can Pay Anywhere Using That Card

8. No Annual Charges. No Joining Charges

9. You Can Use The Card Untill The Limit Of ZIP

10. You Can RePay ZIP Amount And Again You Can Use

11. Some Few Offers Also There. There May Be Charges If you Use That Card To Load Any Wallet

12. Those Who Have MobiKwiK AMEX Card, Not Possible To Get ZIP RuPay Card

13. Some Few People May Not Get Both Cards. Need To Wait Some Days

Note : MobiKwiK ZIP Black RuPay Card Is Only Available To ZIP Users

 

[prc1990]

Alert: BNPL 🙏🥲.

 

[Batmanbaba]

Stay away from mobikwik as far as possible for peace of mind

 

[krishc]

1. Open MobiKwiK App And Activate MobiKwiK ZIP

2. MobiKwiK ZIP is same like PayTM Postpaid. You Will Get Some Limit To Use

3. You Need To Pay Amount In 30 Days Without Any Intrest

4. After Activating ZIP, You Can See RuPay ZIP Card Option On Home Page

5. You Can Click On Profile Icon On Top Right Corner, You Can See MobiKwiK ZIP Black Card

6. You Can See Cards Option On Home Screen Also

7. Activate RuPay ZIP Card. You Can Pay Anywhere Using That Card

8. No Annual Charges. No Joining Charges

9. You Can Use The Card Untill The Limit Of ZIP

10. You Can RePay ZIP Amount And Again You Can Use

11. Some Few Offers Also There. There May Be Charges If you Use That Card To Load Any Wallet

12. Those Who Have MobiKwiK AMEX Card, Not Possible To Get ZIP RuPay Card

13. Some Few People May Not Get Both Cards. Need To Wait Some Days

Note : MobiKwiK ZIP Black RuPay Card Is Only Available To ZIP Users


View attachment 1685

it's BNPL and not prepaid

 

[ashwinkashwink is verified member.]

They will show it cibil as personal loan
I will stay away from this.

 

[WhoU]

1. Open MobiKwiK App And Activate MobiKwiK ZIP

2. MobiKwiK ZIP is same like PayTM Postpaid. You Will Get Some Limit To Use

3. You Need To Pay Amount In 30 Days Without Any Intrest

4. After Activating ZIP, You Can See RuPay ZIP Card Option On Home Page

5. You Can Click On Profile Icon On Top Right Corner, You Can See MobiKwiK ZIP Black Card

6. You Can See Cards Option On Home Screen Also

7. Activate RuPay ZIP Card. You Can Pay Anywhere Using That Card

8. No Annual Charges. No Joining Charges

9. You Can Use The Card Untill The Limit Of ZIP

10. You Can RePay ZIP Amount And Again You Can Use

11. Some Few Offers Also There. There May Be Charges If you Use That Card To Load Any Wallet

12. Those Who Have MobiKwiK AMEX Card, Not Possible To Get ZIP RuPay Card

13. Some Few People May Not Get Both Cards. Need To Wait Some Days

Note : MobiKwiK ZIP Black RuPay Card Is Only Available To ZIP Users


View attachment 1685

Can we repay mobikwik zip bill via CC?

 

[LUKA]

Can we repay mobikwik zip bill via CC?

No

 

[Sreekar]

They will show it cibil as personal loan
I will stay away from this.

I accidentally activated the ZIP feature and I see ZIP balance as 8000. Will this be shown as Personal loan for CIBIL ? Did not activate that Black Rupay BNPL card though..

 

[Im_Gk14]

I accidentally activated the ZIP feature and I see ZIP balance as 8000. Will this be shown as Personal loan for CIBIL ? Did not activate that Black Rupay BNPL card though..

If you have activated Zip, then it'll be reported as Loan in Cibil, doesn't matter you activate the card or not.

 

[Atharva@1909]

They will show it cibil as personal loan
I will stay away from this.

is it harmful for cibil to potray this bnpl service as personal loan ? if yes plz explain as iam planning to activate zip

 

[Ad.Astra]

is it harmful for cibil to potray this bnpl service as personal loan ? if yes plz explain as iam planning to activate zip

BNPL accounts show up as personal loans in credit reports, and the BNPL limit as loan amount.

So if you want to take some type of loan from banks and lending institutions in future , they will not easily give loans or straight up refuse, stating that you have already ongoing personal loan showing as open in credit reports. Happened to me 😔, so I can tell from experience.

So if you already have credit cards, no need to open BNPL accounts.

 

[Abhishek012]

is it harmful for cibil to potray this bnpl service as personal loan ? if yes plz explain as iam planning to activate zip

Mobikwik RuPay Prepaid Card is now simple Wallet card, no linked with BNPL.

RBI already discontinued BNPL cards.

@vishwasahoo

 

[Chaitanya-a]

Mobikwik RuPay Prepaid Card is now simple Wallet card, no linked with BNPL.

RBI already discontinued BNPL cards.

@vishwasahoo

But its still called ZIP Card and MobiKwik is still selling their ZIP product as Credit line. How?
They should've stopped selling ZIP no. Or atleast rebranded it as Rupay prepaid card. When we go to ZIP Card page, it asks to activate ZIP first.

 

[Abhishek012]

But its still called ZIP Card and MobiKwik is still selling their ZIP product as Credit line. How?
They should've stopped selling ZIP no. Or atleast rebranded it as Rupay prepaid card. When we go to ZIP Card page, it asks to activate ZIP first.

Yes i know but No need to activate mobikwik zip.

Go to mobikwik zip black card page, scroll down and click on activate option. Instantly virtual RuPay wallet prepaid card will generated.

Note - mobikwik zip activation again required kyc verification but here card activation no kyc required.

Already many users used mobikwik RuPay wallet prepaid card here on technofino.

 

[satish0987]

Yes i know but No need to activate mobikwik zip.

Go to mobikwik zip black card page, scroll down and click on activate option. Instantly virtual RuPay wallet prepaid card will generated.

Note - mobikwik zip activation again required kyc verification but here card activation no kyc required.

Already many users used mobikwik RuPay wallet prepaid card here on technofino.

I tried in uber with Paytm using zip rupay card
On OTP page i m not getting any OTP bro
How to solve this issue?

 

[Harry1]

I tried in uber with Paytm using zip rupay card
On OTP page i m not getting any OTP bro
How to solve this issue?

Keep trying. Mobikwik has some issue.

Don't load more than 5000 at a time. Always do full amount transaction in mobikwik, otherwise they will charge 2.95% convinience fee. I am struggling to get it back since last week.

Filed in consumer helpline and even rbi ombudsman, but no refund yet.

 

[sarainfo12]

Will this card applicable on eazydiner app offer 20% off on rupay credit cards ?

 

[flash2399]

Will this card applicable on eazydiner app offer 20% off on rupay credit cards ?

Even if it works, instead of going for this BNPL card, just try for an actual Rupay Credit Card for peace of mind

 

[Chaitanya-a]

Will this card applicable on eazydiner app offer 20% off on rupay credit cards ?

This is prepaid card, not credit card.

 

[sarainfo12]

Even if it works, instead of going for this BNPL card, just try for an actual Rupay Credit Card for peace of mind

Suggest some good rupay cards which doesn't require cibil enquiry (secured cards ) .