Archive · 18 Nov 2025
MobiKwik Pioneers Instant Forex Purchase with NBBL
MobiKwik, a popular Indian digital wallet and UPI platform, has launched a new feature that allows users to buy foreign currency directly from their mobile app.
This is one of the first services of its kind in India, making it easier and more convenient for people to access foreign exchange services.
Users can lock in the best rates, top up forex cards instantly using net banking or UPI, and remit money abroad with same-day fulfillment.
This innovation aligns with the national vision to make foreign exchange services as seamless as domestic digital payments.
MobiKwik launches Forex payments on mobile app in partnership with NPCI Bharat BillPay Limited (NBBL)
First 3 apps to enable Foreign Exchange services on mobile
Users can lock best rates for FX retail instantly, securely via app
Reflects MobiKwik's commitment to digital, inclusive financial ecosystem
Supports USD transactions, available to individual users initially
- Who
- MobiKwik, NPCI Bharat BillPay Limited (NBBL)
- What
- Launched Forex payments on MobiKwik mobile app
- When
- November 18, 2025
- Where
- India
- Why
- To simplify access to foreign exchange services and align with the national vision for digital financial inclusion
Pro-MobiKwik
Cautious Users
Convenience
Pro-MobiKwik
MobiKwik's Forex service offers a digital-first experience, competitive rates, and same-day fulfillment.
Cautious Users
Users may be concerned about the security of online Forex transactions and prefer traditional methods.
- Partners
- NPCI Bharat BillPay Limited (NBBL)
- Supported Currency
- USD
- Availability
- Individual users initially
- Fulfillment Time
- Same-day (T+0)
- Regulation
- Fully regulated by RBI and NBBL