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Mobikwik wallet: crypto exchange WazirX faces flak as users struggle to deposit money

Inc42  

Indian crypto exchange, WazirX, has come under fire after its customers reported issues in using the exchange service. These issues stem from the firm's recent tie-up with Mobikwik digital payments service after its customers reported issues in using the exchange service. Users have reported that when attempting to deposit money into their WazirX wallet using Mobikwik, the payment is deducted from their Mobikwik accounts but it does not show up in their WazirX wallet. WazirX customers have also criticised a convenience fee of 1.5%+ GST on all deposits made through Mobikwik.

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