Is MobiKwik a fraud?

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Last Comment 2019-01-11

2018-11-24

Yes, absolutely its fraud…..

i can give the examples of supercash system…

I am using this mobikwik since november upto may 2kk17. at first they are providing direct cash back & later on changed to supercash from which you can use only 10% of it in one single any transaction…(no doubt they are doing this thing to increase the business & keep the customers in contact )..& you have to use this supercash within next one month+ 15 days of another next month..

Hold on…..see…now a days what they are doing….you have to use this supercash within 45 days from the next month & you will able to use 10% of supercash only when you will do transaction more than 100….

so..think guys in 45 days , how will you finish the supercash(cashback) that totally belongs to you…

so…they are not allowing you to use supercash in small transactions & ,they are forcing you to do greater transaction amount…in which you can use only 10% of supercash which is very less….

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https://www.desidime.com/discussions/is-mobikwik-a-fraud?page=1#post_5436372

Asankhya

2018-11-25

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You also arrived on October 18! Same pinch..

https://www.desidime.com/discussions/is-mobikwik-a-fraud?page=1#post_5436653

rajeshcaicwacs259

2018-11-25

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I will not call MobiKwik a fraud

It is a concept gone wrong

Entrepreneurship can fail also

Learn from it and move on

https://www.desidime.com/discussions/is-mobikwik-a-fraud?page=1#post_5546796

deb4O5

Moderator

2019-01-11

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What about Lumia fiasco? Isn’t that fraud?

https://www.desidime.com/discussions/is-mobikwik-a-fraud?page=1#post_5462901

parampada

2018-12-08

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There may be some mistakes on the part of the said payments company while making T&C for cash backs. Which of course has resulted in some backlash. Payments is a very very low margin business and it takes a lot of efforts to retain a customer while not burning shiploads of money. What the above said payments provider is trying to do is to find a balance of both. Just like the popular saying in South India “Neither the snake should die, nor the stick should snap”. It is a matter of survival for them. I am not sure if it qualifies for a fraud!.