MobiKwik is one of India’s leading mobile wallets, offering users a simple and convenient way to make payments, transfer money, and manage finances. Setting up MobiKwik for family members or friends is an easy and effective way to ensure that everyone stays connected financially. Whether you’re helping a loved one manage their wallet, or you want to add funds and make it easier for someone else to use, this quick guide will walk you through the process of setting up MobiKwik for family and friends.
Part 1: Setting Up MobiKwik for Yourself and Family Members
Before you can set up MobiKwik for someone else, you need to make sure that the wallet is properly set up for yourself. This allows you to manage payments, transfer money, and add funds to family or friends’ wallets. Here’s a step-by-step guide:
Step 1: Download the MobiKwik App
- Go to your device’s app store (Google Play Store or Apple App Store).
- Search for “MobiKwik” and click on the “Install” button to download the app.
Step 2: Register or Log In
- Open the MobiKwik app after installation.
- You’ll be asked to sign up using your mobile number. Enter your phone number, and you’ll receive an OTP (One-Time Password) for verification.
- If you already have a MobiKwik account, simply log in using your mobile number and password.
Step 3: Complete Your Profile
- After logging in, you will be prompted to complete your profile. This includes entering your name, email address, and KYC (Know Your Customer) details like Aadhaar card or PAN card (for higher transaction limits).
- Link your bank account to the wallet for easy fund transfers and payments. You can also link a debit/credit card for faster recharges.
Step 4: Set a Wallet PIN
Set a 4-digit PIN to secure your wallet. This PIN will be used for transactions and to access your account on MobiKwik.
Step 5: Add Money to Your Wallet
- Go to the Add Money section within the app.
- Choose your preferred payment method (bank transfer, debit/credit card, UPI, or other options).
- Enter the amount you want to add and complete the transaction.
Once you’ve set up your wallet and added funds, you’re ready to set up MobiKwik for family members or friends.
Part 2: Setting Up MobiKwik for Friends and Family
Now that you’ve set up your own MobiKwik account, you can help your family and friends get started. There are several ways you can set up MobiKwik for them, including helping them create an account, adding funds, and managing their transactions.
Option 1: Creating an Account for Family Members or Friends
If you’re helping a family member or friend who has never used MobiKwik, you can guide them through the account creation process:
- Download and Install the App: As mentioned in Step 1 above, help your friend or family member download the MobiKwik app.
- Sign Up: Enter their mobile number to create a new account. You will need to enter an OTP sent to their mobile number for verification.
- Complete KYC: You may need to help them complete the KYC process, especially if they want to set up larger transaction limits. They can upload documents like Aadhaar card or PAN card for KYC verification.
- Link Their Bank Account: To transfer money to their bank account, they will need to link their bank details in the MobiKwik app.
- Set a PIN: Help them set a secure PIN to protect their wallet and facilitate smooth transactions.
Once the account is created, your family or friend is all set up to use MobiKwik!
Option 2: Adding Funds to Their Wallet
After the account is set up, you can transfer money to your family member or friend’s MobiKwik wallet. There are two ways you can do this:
- Transfer Money Using the “Send Money” Feature
- Open your MobiKwik app.
- Go to the Send Money section.
- Enter the mobile number of the person you want to send money to.
- Choose the amount you want to send and confirm the transfer.
- Add Money to Their Wallet Directly If they are not yet familiar with adding money, you can directly add funds to their wallet from your account.
- Go to the Add Money section and enter the amount.
- Choose to send the amount to your friend or family member by entering their mobile number.
This way, your loved ones can start using their MobiKwik wallet for payments immediately.
Option 3: Managing Transactions on Their Behalf
If you’re managing your family member’s wallet (for instance, for elderly relatives or children), you can also track their transactions, add funds, or make payments on their behalf. Here’s how:
- Pay Bills or Make Payments: You can use their MobiKwik wallet to pay for utilities, mobile recharges, subscriptions, etc.
- Transfer Money: You can send money from their wallet to someone else, or even transfer funds to their bank account.
- Monitor Transaction History: You can check their transaction history to keep track of payments, add money when needed, and ensure everything is going smoothly.
Remember, you will need their wallet PIN or biometric authentication (if enabled) to complete any transactions.
Part 3: Tips for Managing MobiKwik for Family and Friends
Managing someone else’s MobiKwik account can be easy if you follow these tips:
1. Set Up Notifications
Ensure that transaction notifications are turned on so that you and the person you’re managing can stay informed about every activity on the account. These notifications will help you track money added to the wallet, payments made, and any suspicious activity.
2. Use MobiKwik’s Family and Friends Feature
MobiKwik also offers a Family & Friends feature that allows you to easily send money to loved ones, track their balances, and manage multiple accounts. This can be particularly useful if you’re managing the finances of elderly relatives or children.
3. Keep Security Tight
To protect your family or friend’s MobiKwik wallet:
- Ensure their phone number and PIN are not shared with anyone.
- Enable two-factor authentication (if available) for extra security.
- Use biometric authentication (fingerprint or face recognition) if they are using a smartphone that supports it.
4. Teach Them How to Use the App
If your family member or friend is new to digital payments, take the time to teach them the basics of using MobiKwik, such as:
- How to make payments for various services.
- How to recharge their phone or buy coupons.
- How to request money or send it to others.
A little guidance will go a long way in helping them get comfortable with digital payments.
Conclusion
Setting up MobiKwik for your family and friends is a simple process that can help them enjoy the benefits of digital payments—whether for making transactions, transferring funds, or managing daily expenses. With easy-to-follow steps for account setup, fund transfers, and secure wallet management, MobiKwik makes it possible to stay connected with your loved ones and ensure their financial needs are taken care of.
By using MobiKwik, you can help empower your family and friends to take control of their finances, while also ensuring they enjoy the convenience, security, and speed of cashless payments. Whether you’re supporting elderly parents, managing a child’s pocket money, or simply helping a friend with their wallet setup, MobiKwik makes the process quick, easy, and secure.