Have you ever, unfortunately, found yourself in a situation where you needed to swiftly transfer funds but were unable to physically visit a financial institution? Or maybe you have been hesitant to use digital wallets because you are worried about security and ease of use. If yes, you should consider trying out MobiKwik for a money transfer. It is extremely user-friendly and comes with top-notch security features, allowing you to make money transfers quickly and safely.
Read on to know why MobiKwik is one of the best money transfer apps and how you can use the app for fund transfers.
Benefits of Using MobiKwik for Money Transfer
In today’s digital age, money transfer apps have made sending and receiving money a breeze. With the increasing popularity of these apps, many options are available in the market. One such app example is Mobikwik, which offers its users a wide range of benefits. Let us dive in and discover how these fund transfer applications can simplify your financial transactions!
- User-friendliness: As a money transfer app, MobiKwik is designed to be easy to use. Access your account by entering your username and password. In some cases, you can even utilize biometric technology such as fingerprint or facial recognition to gain access to your account. Then, with just a few taps on your device screen, you can perform a funds transfer.
- Convenience: With MobiKwik, you can initiate a money transfer from anywhere in the world at any time without visiting a physical branch. You only need a smart device, username, password, internet connection, and the beneficiary’s details.
- Easy transaction tracking: Any money transfer app, in general, allows you to access all of your transactions and set favorites, making it easy to keep track of all your money transfers within the app. Thus, it makes your monthly budgeting and spending more manageable.
- Security: Money transfer apps, such as Mobikwik, offer secure transactions with encryption and regular bug fixes. Additionally, most smartphones today are locked using passwords, making it difficult for unauthorized persons to access the app and commit financial theft.
How to Use the MobiKwik for Money Transfer?
To do a money transfer using MobiKwik, follow the steps given below:
- Download the MobiKwik app from PlayStore or AppStore
- Open the MobiKwik app on your mobile device and log in to your account.
- Click on the ‘Wallet to Bank Transfer’ feature, which is typically located on the app’s home screen.
- You will be redirected to a page where you have to enter some necessary details.
- Add the relevant details, such as the beneficiary’s name, account number, and IFSC code.
- Check a couple of times and click “Continue” to proceed with the transaction.
- Enter the specific amount that you intend to transfer from your digital wallet to your bank account.
- Finally, click on “Transfer” to initiate the transaction.
Once the transaction is complete, the amount transferred will reflect in the bank account instantly. It should be noted that the exact time it takes for the money to appear in the bank account may vary depending on the bank’s processing time.
Using the MobiKwik app to add money to your digital wallet and transfer it to any bank account is a convenient and hassle-free process. Using this money transfer app, you can rest assure that the fund transfer will be done in minutes and safely. And given that it has a user-friendly interface, you can complete the money transfer in just a few clicks. As digital wallets like Mobikwik offer the capability to transfer funds promptly, it comes as no surprise that an increasing number of individuals are resorting to such platforms to oversee their financial matters.