Current Affairs

PhonePe inks pact with FreeCharge

Flipkart’s payment arm PhonePe has partnered with mobile wallet company FreeCharge to allow the customers of FreeCharge pay for transactions at PhonePe’s partner merchants.


  • PhonePe has now enabled its 45 million users to link their existing FreeCharge wallets to the PhonePe app.
  • Once linked, the customers of PhonePe will be able to spend their FreeCharge wallet balance at all online and offline merchant outlets that accept payments via PhonePe.
  • To pay via FreeCharge on PhonePe, customers can link FreeCharge from My-Account-Other Wallets’ section following which they can pay using FreeCharge or PhonePe wallet balance.

PhonePe

A Fin-Tech company PhonePe was founded in December 2015. It is headquartered in Bangalore and provides UPI based online payment system. Reserve Bank of India has licensed PhonePe to issue Semi-Closed prepaid payment system with an authorization number. Sameer Nigan is serving as the CEO of PhonePe
PhonePe inks pact with FreeCharge PhonePe inks pact with FreeCharge Reviewed by insiya yadav on January 11, 2018 Rating: 5

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