MoboMoney aids cashless rides on bike taxi service Bikxie

GURGAON: Delhi, NCR’s two-wheeler taxi service provider Bikxie has exclusively tied up with Tech Mahindra’s MoboMoney to offer cashless rides to its passengers. An innovation from Tech Mahindra, MoboMoney is a first-of-its kind ‘Tap and Pay’ digital payment solution. It serves as an offline wallet and can be used even by commuters not having the mobile app or a smart phone. Bikxie will offer free MoboMoney tags to its users from designated centers in Gurgaon that can be further used to make payments via NFC devices carried by Bikxie drivers.

Along with its safe, quick and cost-effective two-wheeler taxi service, the company has now made paying for this service fast, simple and cashless, thus revolutionizing the daily commute experience of travelers in India. Using a MoboMoney tag is convenient and completely secure. The data in each transaction is protected by a unique encryption which offers added assurance to users. Customers can recharge/top-up the tags either through an app or by giving cash at designated centers with amounts ranging from Rs 10 to Rs 10,000.

Speaking on the tie-up with MoboMoney, Mohit Sharma, Co-Founder & Chief Executive officer, Bikxie, said, “This association brings together the synergies of two brands, Bikxie and Tech Mahindra, committed to elevating the daily interactions of Indians. With the MoboMoney tag, Bikxie users simply have to hop on to their two-wheeler taxis without any worries of carrying their wallet or exact change etc. During rush-hour, travelers often end up spending precious minutes haggling with rickshaw and auto drivers or scrambling for change. This tie-up seeks to completely eliminate such inconvenience and make daily rides more convenient. We are looking for a long term strategic association with MoboMoney.”

Vivek Chandok, Head – Consumer Business, Tech Mahindra Limited said, “Tech Mahindra, as part of its strategy to drive Digital Payments adoption in India, is looking for partnerships that leverage technology and go-to market alliances. We aim to significantly expand the offline payment ecosystem by eliminating all barriers in the payment experience. The core values of MoboMoney and Bikxie are fully aligned – we both offer technology-based solutions to critical problems. While Bikxie solves the issue of last-mile connectivity, we are here to help consumers tide over the problem of petty cash and ensure faster and seamless transactions.”

Explaining the benefits of the app, Sharma said, “Currently available in the Maximum City, Gurgaon, the on-demand two-wheeler taxi service can be hailed from key locations or accessed through the Bikxie app. Bikxie aims to ease the daily commute of college and office goers as well as users in residential areas. The unique differentiator of Bikxie is its emphasis on comfort & fool-proof safety of its passengers.”

The Bikxie app is equipped with the option of feeding in an emergency contact and also has an SOS button. Once the trip starts, the emergency contact of the user gets intimated and is also sent all the required information once the passenger reaches his/her destination safely.