Is ZikPe cheaper than Mony?

ZikPe charges 2.5% to top up, with no onboarding, monthly maintenance or wallet closure fees, and you earn up to 5% cashback on eligible payments. See the table above for Mony’s published fees.

Do I need an Indian bank account?

No. Sign up with your passport and visa and top up with your international Visa or Mastercard.

Can I get my unused balance back?

Yes. Request a refund of the remaining balance to the original source before you leave, as permitted under RBI rules.

Yes. ZikZuk Technologies is authorised by the Reserve Bank of India as a prepaid payment instrument issuer, with balances held in escrow at a scheduled commercial bank.

Mony Alternative for Tourists & NRIs

ZikPe vs Mony: fees

Tourist UPI wallets compared: fees, cashback, licence and support
Feature
Top-up fee	2.5%	3.5%
Onboarding fee	Free	Free
Monthly maintenance	Free	₹399 / month
Wallet closure / deactivation	Free	₹399
Cashback	Up to 5% on payments*	None
PPI licenceThe licence holder answers to the RBI for your money	Own RBI PPI licence	Through a partner
Customer support	24×7	Not published

*On eligible payments, credited as Zik Coins; the rate depends on your plan — see the rewards terms. Mony and Cheq UPI names and logos belong to their owners and are used only to identify them; ZikPe is not affiliated with either. Competitor fees as published by each provider, October 2026. Check their sites for current pricing. Your card issuer may charge its own foreign transaction fee.

What you get with ZikPe

ZikPe tourist wallet features
Who it’s for	Foreign tourists and NRIs visiting India
Indian bank account needed	No — sign up with passport and visa
Top up with	International Visa and Mastercard, in your home currency
Fees	2.5% to top up — no onboarding, monthly or closure fees
Cashback	Up to 5% on eligible payments
Exchange rate	Rupee amount and fees shown before you confirm
Where you can pay	Any UPI QR in India
Unused balance	Refundable to the original source before you leave, per RBI rules
Licence	Holds its own RBI PPI licence — no partner in between; funds held in escrow at a scheduled commercial bank
Support	24×7
Also in the same app	UPI & RuPay card for Indians and tax benefit wallets

How to switch

Download ZikPe and sign up with your passport and visa.
Top up with your international card — you’ll see the rupees you get first.
Scan any UPI QR and pay. That’s it.

New to UPI in India?

Read our guide: how to use UPI in India as a foreigner or NRI.

Questions

If you want a regulated UPI wallet you can load with an international card, see the rupee rate before you top up, pay any UPI QR and refund what is left when you leave, ZikPe does all of that.

Mony is a trademark of its respective owner. ZikPe is not affiliated with, endorsed by or sponsored by Mony. Descriptions and fees of Mony are as published by Mony (October 2026); check its website for current features and pricing.