Wallet

Prepaid Payment Instruments (PPI)

Prepaid Payment Instruments (PPI)

Launch Your Own Branded Digital Wallet

Boost customer retention and simplify refunds. Equip your app with a secure, RBI-compliant mobile wallet that allows users to store money, earn rewards, and transact instantly.

Start Building Wallet Types
Mobile Wallet App

Choose Your Wallet Model

We support both major types of Prepaid Payment Instruments (PPI).

Closed Loop Wallet

Best for E-commerce & Retail Brands

  • Usage: Only on your specific platform/app.
  • No KYC: Easy onboarding for customers.
  • Cashback: Great for loyalty rewards and refunds.
  • Withdrawal: Customers cannot withdraw cash.

Semi-Closed Loop Wallet

Best for Fintechs & Aggregators

  • Usage: Across a network of approved merchants.
  • KYC Required: Min-KYC or Full-KYC needed.
  • Transfers: Users can send money to other users.
  • Withdrawal: Bank transfers allowed (Full KYC).

Why Build a Wallet?

It's not just about payments; it's about building a loyal ecosystem.

Instant Refunds

Don't make customers wait 5-7 days for bank refunds. Refund instantly to their wallet so they can shop again immediately.

Loyalty & Rewards

Run targeted cashback campaigns. "Add ₹500, Get ₹50 Extra". Keep the money circulating within your ecosystem.

Higher Success Rate

Wallet transactions have near 100% success rates compared to cards or UPI, as there are no bank server dependencies.

Secure & Compliant

Our infrastructure is fully compliant with RBI's Master Directions on PPI. We handle the ledger, security, and compliance.

White-Label SDK

Integrate the wallet UI directly into your Android or iOS app using our customizable SDKs. Your brand, our tech.

User Insights

Gain deep data on user spending habits. Understand where and when your customers spend money.

E-commerce shopping

Transforming Industries

Digital wallets are no longer just for payment apps. They are powering growth across sectors.

E-Commerce

Manage refunds and loyalty points seamlessly.

Gaming & Fantasy Sports

Allow users to deposit money for contests and withdraw winnings.

Logistics & Fleet

Give wallets to drivers for fuel and trip expenses (Petro cards).

Wallet Solution FAQs

For a Closed Loop Wallet (usable only on your platform), you usually do not need a specific RBI license, though general compliance is required. For a Semi-Closed Wallet, an RBI PPI license or a co-branding partnership with a licensed entity is required. KUV can assist with the co-branding route.

In a Closed Loop wallet, withdrawals are generally not permitted (money must be spent on the platform). In a Semi-Closed wallet with Full KYC, bank withdrawals are allowed under specific limits.

Extremely secure. We use bank-grade encryption, Tokenization, and Two-Factor Authentication (2FA) for all transactions. Our ledger system ensures that every penny is accounted for and reconciled in real-time.