What is Mpurse? Mpurse Review, Features

Mpurse was founded in 2012 and is located in Gurgaon, India. It is an Indian third-party payment company that is 100% controlled by Chinese. It holds a payment license issued by the Reserve Bank of India and has launched an e-wallet APP on Google Play. It can provide Upi and other payment and collection services for cash loans, e-commerce, live streaming, games, gambling, etc., and provide NBFC license affiliation. The system also uses AI technology to provide risk control and business analysis, and provide traffic promotion.

About Mpurse

In June 2014, Mpurse obtained a PPI (semi-closed prepaid payment instrument) license from the Reserve Bank of India (RBI). Riding on the country’s digital push, where internet and data services have seen deeper penetration and witnessing high penetration among millennials, Mpurse is committed to providing a full range of financial services to people living in rural areas.

· Mpurse Wallet provides consumers with a fast, secure and convenient way to pay. Mpurse Wallet eliminates the need to carry cash/recharge cards to shop at your favorite stores, just register with Mpurse, recharge with cash card and pay with Mpurse e-wallet on your mobile phone.

Service Content

Mobile phone recharge;

DTH recharge;

Data card recharge;

Utility bill payments;

Send money;

travel;

rewards and loyalty;

entertainment.

FAQ

Q: Is my money safe?

A: Yes, the money in your wallet can only be accessed by you using your mobile number and password, please remember not to share your password with anyone.

Q: What should I do if I think someone knows my password?

A: Use the Change Password function to change your password immediately.

Q: How do I know if my transaction is successful?

A: Every time you make a transaction with Mpurse you will receive an electronic receipt confirming that the transaction was successful, if there is a problem you will receive an error message, in which case please try again or call the call center.

Q: Can I get a transaction receipt?

A: You will receive an electronic receipt for each transaction with Mpurse. If you have any questions, please call the call center.

Q: If my phone is lost or stolen, will I lose my pocket money?

A: No, your pocket money is safe and no personal information is stored on any phone. As long as no one knows your password, no one can access your wallet.

Q: What happens if the mobile network is disconnected?

A: You can wait for the network to recover or move to an area where the network is up.

Q: Can I withdraw cash from my wallet?

A: Not at this time.

Q: What should I do if I forget my password?

A: Use the "Forgot Password" feature in the app and create a new password.

Q: Do I need to pay any monthly fees to open an account in Mpurse?

A: There is no monthly fee to open an account in Mpurse.

Q: Is there a minimum balance I need to maintain in my wallet to keep it active?

A: No, it is not necessary.

Q: If I am under 18, can I open an account?

A: No.