Mobikwik — supercash utilization restrictions by company

Website:Mobikwik

The company gives cashback on some payments in the form of supercash but unlike other e commerce sites like paytm, freecharge, etc. The supercash cannot be utilised like ready cash. Further the site keeps on changing its policies every now and then and prohibits the cashback given to be utilised as free cash. It has limited its use recently to only local stores which are basically not acceptable for the common people for shopping - there are food outlets but that too limited and being health conscious nobody would like to have outside food regularly. Further outside delhi there are very few options left for customers. Written to mobikwik many times but whereas one can earn supercash but cannot use it indiscrimately. Further as per their faqs only 5% or 10% of the supercash balance can be utilized for one transaction and the validity period although has been increased to 3 months but it does not solve our purpose-normally online transactions are done for bill payments and recharges but mobikwik has discontinued the use of supercash for payments. Cashback should be as good as cash then why restrictions by the company for its usage? I believe it to be an unfair trade practice. If the company is going to eat up our cashback money it should not go in for offers at all. Please look into the matter at the earliest with immediate action - the company's policies are against public interest
Was this information helpful?
No (0)
Yes (0)
Mobikwik customer support has been notified about the posted complaint.
Jan 11, 2018
Updated by Kannuu
Please see that the website does not indulge into unfair trade practices
Feb 12, 2018
Updated by Kannuu
In continuation Mobikwik keeps on changing its policies for use of supercash only in a limited amount and at limited local stores -had we known that it would be changing these policies of burning supercash we would not have transacted at mobikwik at all-cashbacks usage cannot be restricted by companies since it is our money and should be allowed its use as good as cash-no other companyt cheats like this-mobikwik is following unfair trade practices since last December to fill its own pockets by making our cashbacks redundant by fixing restrictions on its use and expiry-hopeless people managing the company
Feb 12, 2018
Updated by Kannuu
Mobikwik should be forced to refund all supercash to our wallet like Paytm and Freecharge show all cashbacks in cash wallets and don't treat them separately-the Company is a fraud tricking customers everytime -Govt. should take action against such a company and stop its operations after refunding all cashbacks and wallet balances to customers
Feb 14, 2018
Updated by Kannuu
Why no action is being taken against the company till now?
Complaint comments 

Comments

Please unblock my account.
my email id = [protected]@gmail.com
reg mob no= [protected]
***4427 mobile number was missing...

reset code send to my mail id

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Mobikwik
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    12%
    Complaints
    7122
    Pending
    0
    Resolved
    857
    Mobikwik Phone
    +91 93 1392 5342 [Customer Care]
    +91 94 6644 6644 [Customer Care]
    Mobikwik Address
    2nd Floor, Orchid Centre, Golf Course Road, Sector 53, Gurgaon, Haryana, India - 122002
    View all Mobikwik contact information