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The primary objective of ‘Pocket UPI’ is to address the tendency of users to overlook minor or recurring expenses when UPI is directly linked to bank accounts. This feature consolidates all UPI transactions within the MobiKwik wallet, offering users a clearer understanding of their spending patterns to facilitate more efficient budgeting and financial tracking.
How Pocket UPI works
In terms of functionality, users are required to create a unique wallet UPI ID on the MobiKwik platform and add funds to their wallet using a debit card, credit card, or bank account to utilise ‘Pocket UPI’. Once the wallet is loaded, users can initiate UPI payments directly from their wallet balance. Users have the flexibility to load their wallet with the desired amount for spending and top up as needed, with support for balance loading through credit cards, debit cards, or UPI.
The platform accepts card payments from major networks such as RuPay, Visa, American Express, and Diners Club. Payments using ‘Pocket UPI’ can be conducted across various channels, including merchant QR codes, e-commerce platforms, and peer-to-peer transfers.
October 2025
As India’s growth story gains momentum and the number of billionaires rises, the country’s luxury market is seeing a boom like never before, with the taste for luxury moving beyond the metros. From high-end watches and jewellery to lavish residences and luxurious holidays, Indians are splurging like never before. Storied luxury brands are rushing in to satiate this demand, often roping in Indian celebs as ambassadors.
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