New Delhi [India], Jan.20 : FreeCharge, India's leading digital payments platform, today announced the launch of Mutual Funds on its platform in partnership with Reliance Mutual Fund.
With the launch of the facility, users can seamlessly invest in a Money Market Mutual Fund that targets higher returns than those available on savings bank accounts. FreeCharge, known for its 10-second payments, is offering instant redemption of mutual funds at the click of a button. The entire process from investing to redemption is paperless - all the customer needs is his PAN or Adhaar card number. Customers also benefit from zero transaction charges and zero charges at redemption.
Investments from Rs 100 onwards
New Delhi [India], Jan 11 : India's leading digital wallet and payments firm FreeCharge UrbanClap, India's largest mobile services marketplace today announced their partnership for cashless payments across 97 service categories listed on UrbanClap.
With the partnership, FreeCharge customers can avail services like photographers, electricians, home cleaning and repairs, salon at home and several others across top eight cities in the country including Delhi/NCR, Mumbai, Bangalore, Chennai, Hyderabad, Pune, Kolkata and Ahmedabad.
New Delhi [India], Jan 10 : India's fastest growing digital payments platform FreeCharge has announced its association with ZEE Jaipur Literature Festival as the exclusive wallet partner to provide a swift and secure way to make cashless payments during the festival this year.
FreeCharge has partnered ZEE Jaipur Literature Festival, the world's largest free literary festival, with a vision in line with the growth of digitization and ensuring secured payments in the fastest and most effective way possible.
FreeCharge will be partnering with all JLF vendors across books, food and beverage, merchandise and stationery categories to ensure seamless cashless payments coupled with daily exciting offers, all in less than 10 seconds.
New Delhi [India], Nov 29 : India's fastest growing digital payments platform FreeCharge has announced that it has partnered with all the three Oil Marketing Companies in India and will soon be available at all petrol pumps of IOCL, BPCL and HPCL across the country.
The list includes nearly 26,000 petrol pumps of IOCL, nearly 13,500 petrol pumps of HPCL and nearly 13,800 petrol pumps of BPCL.
In addition to more than 53,000 petrol pumps, FreeCharge will also be accepted by nearly 17,000 LPG distributors across the country and users will be able to pay for their LPG cylinder deliveries by using FreeCharge at their doorsteps.
New Delhi [India], Nov 23 : Digital payments platform FreeCharge has announced that it has ramped up its acquisition effort and is targeting to on-board one million merchants in the coming 12 months.
An innovative feature that FreeCharge has rolled out nationally is "on the go pin", which allows a user to complete a transaction even there is no internet or phone coverage. This feature has been developed specially for India and FreeCharge has applied for a patent for the same.
In the light of currency demonetization, FreeCharge has seen a sustained 10X surge in the number of retail merchant sign-ups. In support of the government's initiative, FreeCharge has implemented a zero commission offer for new merchants.
New Delhi [India], Nov 17 : The recent move to ban the old Rs. 500 and Rs. 1000 notes has led to interesting and quick changes in the field of e-commerce, where Cash on Delivery ( CoD) till recent times has been a major mode of payment.
Acting swiftly, FreeCharge and Snapdeal rolled out the "Wallet on Delivery" (WoD) within 24 hours of the currency ban. In one week since launch, more than 100,000 Snapdeal deliveries have been done using FreeCharge' Wallet on Delivery.
This may well be the start of a new trend, which combines the pay on delivery expectation of some users and the non-cash payments preference of all e-commerce companies.
New Delhi [India], Nov 10 : Freecharge reported a sharp 12X overnight jump in the average wallet balance as consumers loaded up their wallets to face a cashless day across the country.
Freecharge wallets are used extensively by users to conveniently pay for utilities like cab rides, metro, phone recharges, electricity, gas, petrol, DTH and lots more.
Since Freecharge is also used at over 100,000 online and offline merchants like Snapdeal, Bookmyshow, Swiggy, Zomato, Shoppers Stop, McDonald's, Cafe Coffee Day and others, Freecharge user can continue their daily transactions without any cash related interruption.