New Delhi [India]: Indian mobile wallet major, MobiKwik today announced that the company has disbursed over Rs. 50 crore worth of Supercash in the months of March and April, 2017.
Supercash is industry’s first loyalty initiative that allows users to earn and spend cashback on every transaction.
Users from Delhi, Mumbai and Bangalore earned maximum Supercash in the period. The initiative was launched in February 2017. The company observed a 28 percent growth in transactions per user along with a 32 per cent improvement in customer retention during this period followed by an increase in the number of transactions per user grown by 17 per cent.
Supercash initiative has a connect with Indian users who like to do frequent transactions and like savings on every transaction.
read more- ANI