Conversion of existing QuikWallet Users
No Credit/Loading allowed till minimum details obtained.
One time option to transfer balance to bank without charges and to close account.
- Wallets having balance more than 10K- One time option to transfer amount to bank
- Minimum Details without repetition:
- OTP Verified Mobile Number
- Self Declaration of Name
- UIN of officially valid document
- Loading should not exceed 10K P.M. & 1 Lakh P.A.
- Outstanding should not Exceed 10K
- Only Loading/ Reloading and payment is allowed. Wallet to Wallet and Wallet to Bank is not Allowed
- Validity 12 month after that conversion in full KYC if no KYC done then no Loading & Credit Allowed
- Option to close account and the outstanding should go back to source.
PPI Upto- 1 Lakh
- Outstanding should not exceed 1 lakh
- Pre Designated Bank account Details of own account where the outstanding balance will be transferred while closing account in future
- P To B: Transfer Limit 1 Lakh & Pre registered beneficiary & Limit of transfer
- P To P: Transfer Limit 10K P.M.
Other Features of Wallet includes
- Same login in other device then previous device logout option.
- After 5 attempt of login timeout feature
- Cooling period after opening & loading wallet of 24 hours
- SMS Alert of Successful transaction done with debit /Credit amount and available balance
- Timely SMS alert to educate customers for not sharing password, Passcode & OTP
- Account statement generation in app for at least last 6 months having Date-Debit/Credit-
- Transaction history of Past 10 transaction
Validity and Redemption
- One year from last Loading/Reloading
- 45 Days before expiry caution SMS to be sent in regular Intervals
Write to us at firstname.lastname@example.org