FreeCharge wallet reportedly crosses 10 million users in 60 days

FreeCharge today announced that FreeCharge Wallet crossed 10 million registered active users. FreeCharge Wallet is a service that is actively being used by customers for recharge and utility bill payments.

FreeCharge today announced that 'FreeCharge Wallet' crossed 10 million registered active users. FreeCharge Wallet is a service that is actively being used by customers for recharge and utility bill payments.

FreeCharge Wallet version 2 was introduced a few weeks into the launch, with an upgrade in UI and customer experience as well. Features such as Auto enrolment, one click transactions were introduced. According to the company, FreeCharge customers are able to complete a transaction within 10 seconds along with 99 percent plus success rate. Reportedly, this was appreciated by customers during the festive season sale.

FreeCharge is currently developing technologies in combining both online and offline modes to make transactions faster and more secure than cash. The company plans to expand into a number of new payments services in the next few months along with new merchant products too. Up until now, FreeCharge has already tied up with many leading retailers. In the online space, FreeCharge wallet will soon be available across the top 50 of the leading online merchants too!

The company recently announced partnerships with Shoppers Stop and Aadhaar and is also planning to launch various initiatives during VIVO IPL in an effort to enhance the experience and adoption amongst digital natives of India.

Govind Rajan, Chief Operating Officer, FreeCharge said “Our customers have always supported us in our journey and this milestone echoes the trust and faith the users hold in FreeCharge. We did fastest 1 million in 10 days and now we are clocking a million in just under every 5 days. I believe this is the fastest ever in the country for any digital product. FreeCharge aims to reach 35 million registered users by March 2016 and be the payment OS of Digital India.”

“The tech-savvy generation of today have always embraced new changes in technology and this further motivates us to believe that FreeCharge Wallet will soon be all pervasive amongst the youths of India. With an ecosystem of partnerships and cutting edge technology our endeavour is to bring-in a change in habit of users and help them migrate from offline payments to digital transaction experience, he further added.”

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