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Business EconomyPosted at: Oct 22 2018 10:21PM


Buy and sell gold on MobiKwik app

New Delhi, Oct 22 (UNI) MobiKwik on Monday announced the launch of digital gold on its application.
"With the launch of this category, all MobiKwik users will be able to buy and sell 99.5 per cent purity, 24 carat gold on the application, starting at as low as Re 1. This is the first phase of the launch and MobiKwik will be adding new features towards the end of the month, ahead of Diwali," said Upasana Taku, Co-founder and Director, MobiKwik.
MobiKwik has tied up with 'Safe Gold', a digital platform that allows customers to buy, sell and receive vaulted gold. MobiKwik has created a separate category called 'Gold' on its application. The users have the liberty to buy any amount of gold and can sell it any time after 24 hours of purchase.
In case of selling gold, the customers will have an option of choosing either the MobiKwik wallet or bank account linked via UPI for transfer of money. The customers will also get an idea of the gold price trends over the last few weeks on the application.
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