The companies expect a 10-fold growth in gross merchandise value (GMV) in the next 12 months, according to a statement.Bipin Preet Singh, founder and CEO of MobiKwik said the wallets vision is to empower Indians with easy access to digital payments and financial services. The wallet enables online recharges, bill payments, shopping and bus ticket booking. With over 1.. We are enthralled by the initial response received, and hope to have 10-fold growth in GMV within the next 12 months,” BSNL Chairman and MD Anupam Shrivastava said.”This milestone further strengthens our belief in masses disposition towards digital payments,” he added..The wallet was launched in August by Telecom Minister Manoj Sinha.New Delhi: State-run telecom operator BSNL and digital payments firm MobiKwiks co-branded mobile wallet has registered transactions worth over Rs 1 crore within 45 days of its launch..”.GMV is used in Canvas&Textile Suppliers online retailing to indicate total sales value for merchandise or services sold through a marketplace over a period of time
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