One Mobikwik Systems Limited ( (IN:MOBIKWIK) ) has provided an announcement.
Zaakpay, a subsidiary of One MobiKwik Systems Limited, has received authorization from the Reserve Bank of India to operate as an Online Payment Aggregator. This approval is a strategic milestone that allows MobiKwik to expand its B2B business and digital payments footprint in India, enhancing its ability to serve internet startups and other businesses with secure and innovative payment solutions.
More about One Mobikwik Systems Limited
One MobiKwik Systems Limited is a publicly listed fintech company with a user base of over 172 million and a merchant network exceeding 4.5 million. It operates in the digital payments industry, providing services such as consumer payments and B2B payment solutions through its subsidiary Zaakpay, which offers a wide range of payment modes including credit cards, debit cards, net banking, UPI, and more.
YTD Price Performance: -56.91%
Average Trading Volume: 455,024
Current Market Cap: 20.24B INR
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