Archive · 18 Sep 2025

MobiKwik Glitch Leads to Unauthorized Payouts, Fraud

MobiKwik Glitch Leads to Unauthorized Payouts, Fraud

MobiKwik experienced a technical issue causing incorrect payment approvals.

This glitch allowed some merchants in Haryana to receive money they weren't supposed to.

The problem was fixed within 45 minutes, and authorities were notified.

Six people have been arrested, and approximately 2,500 bank accounts were frozen.

The company has recovered some funds and is working to retrieve the full amount.

User wallets and UPI transactions were not affected.

Sources