New Launch11 Nov 2025, 04:11 pm
MobiKwik Pioneers Instant Forex Purchase in Partnership with NBBL
AI Summary
MobiKwik, India’s leading digital wallet and UPI platform, announced the launch of Forex payments on its mobile app in partnership with NPCI Bharat BillPay Limited (NBBL). This makes MobiKwik one of the first fintechs to bring digital foreign exchange services to mobile, allowing users to top up forex cards instantly using net banking or UPI with same-day fulfilment. The Forex category is designed to simplify how Indians access foreign exchange by offering a digital-first experience, competitive USD rates, same-day fulfillment, and a safe & compliant platform. This initiative is powered by NBBL in collaboration with the CCIL (Clearing Corporation of India Ltd.)
Key Highlights
- MobiKwik introduces digital-first foreign exchange service in India
- Users can top up forex cards instantly using net banking or UPI
- Same-day fulfillment for foreign exchange transactions
- Powered by NBBL in collaboration with CCIL
- Designed to simplify how Indians access foreign exchange