NEW DELHI: FinTech company MobiKwik on Thursday launched mpay.me – a UPI payment link service to send and receive money from any UPI payment app. Through mpay.me, users and merchants can set up a link using their mobile number to start receiving money. This single link created using mpay.me can be shared anywhere to send and receive money and will work seamlessly on mobile as well as desktop, according to a release.
It gets confusing when a sender and a receiver are on different UPI apps. mpay.me simplifies the process. With mpay.me users will be able to generate their own mini personal payment gateways using their phone numbers and share it with anyone over chat, SMS, email etc. to collect payments. Payments can be made using this link through any UPI app – MobiKwik, GooglePay, PhonePe, Paytm etc, the release added.
Now, individuals who need to split bills, a landlord who needs to collect rent, a freelancer who needs to collect payments, shopkeepers in the markets or basically anyone who needs to receive money can share this link. All MobiKwik UPI users have their personal payment link already ready to use.
“At MobiKwik, we understand how sending and receiving money becomes painful when the sender and the receiver are on different UPI apps. We are confident that mpay.me will enable an enhanced payment process, a shorter time to complete payments and an improved, seamless customer experience,” said Upasana Taku, co-founder, MobiKwik.
Founded in 2009 by Bipin Preet Singh and Upasana Taku, MobiKwik has raised over $100 million in funding from marquee investors. MobiKwik claims it has 120 million users, three million merchants, and 300+ billers on its platform.