MobiKwik, a digital financial services platform, is offering fifty per cent discount on petrol prices today, a press release issued by the company said. MobiKwik’s flash offer is only valid till 9 pm on Wednesday. Under this one-day offer on petrol prices, MobiKwik users can use SuperCash to get 50 per cent off on their transaction amount (up to Rs 100) on tanking up at MobiKwik partnered petrol pumps only, the release added. To avail the offer, users can scan the QR code at the fuel station and enter the amount to pay. The minimum transaction amount to avail this offer is Rs 100.
(The minimum transaction amount to avail this offer is Rs 100.)
In a separate offer, MobiKwik is giving an opportunity to earn 25 per cent SuperCash on fuel payments. This offer is applicable on a minimum transaction value of Rs 50. MobiKwik has capped the maximum SuperCash at Rs 200 under this scheme. Additionally, the users can also save 5 per cent of their transaction value by using SuperCash balance on transaction of Rs 50 or more. The maximum SuperCash which can be used in a transaction are Rs 250. Also, 0.75 per cent of the transaction amount will be refunded into the wallet within 7 working days from the date of transaction, said the press release.
The cost of transportation fuel has been on the rise since August 1, largely because of high crude oil prices and falling rupee. Depreciation in the Indian rupee against the US dollar makes the import of crude oil expensive as transaction is done in dollars.
However, the oil marketing companies (OMCs) kept the fuel rates unchanged on Wednesday across four metro cities. Petrol can be purchased at a price of Rs. 82.16 per litre in Delhi today. A litre of petrol is retailing at a price of Rs. 89.54 in Mumbai, Rs. 85.41 in Chennai and Rs. 84.01 in Kolkata, according to a price notification of state-owned fuel retailers.
Meanwhile, Paytm is also offering a cashback of Rs 7,500 at select petrol pump. The offer is valid on a minimum transaction value of Rs. 50. Paytm’s offer is valid till August 1, 2019.