Wallet Features

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 without charges

PPI Upto-10K

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- Net balance
Transaction history of Past 10 transaction

Validity and Redemption

Feedback/Contact:

Write to us at support@livquik.com