Freecharge goes live on UPI: Joins Paytm and PhonePe

BENGALURU: Mobile wallet application FreeCharge, has gone live on BHIM UPI (Unified Payment Interface) on its application. Freecharge users now have the convenience to use all UPI based payment services via their @freecharge UPI ID. In a statement to the press, the company said that the interface would provide a number of services like, send money to family and friends by entering recipient’s UPI ID or Account Number and IFSC; request money from friends; pay online and offline merchants; scan and pay via UPI enabled QR code. For seamless transactions, customers can link bank accounts to a single UPI ID with an option to select any of their accounts for payment.

“FreeCharge emphasizes on creating value proposition for the end users by making payment transactions smoother and faster. With UPI integration, we are adding one more large scale instrument that enables users to make digital transactions with ease. UPI is increasingly emerging as a mainstream payment method and will enhance the growth of digital transactions and we as a digital facilitator of payments are excited to be a part of this consumer evolution,” said Sangram Singh, CEO, Freecharge.

FreeCharge which used to be owned by ecommerce company Snapdeal, now has been sold off to Axis Bank.

Singh said that UPI on FreeCharge offers a friction-free and secure payment experience and instant money transfer to any bank account or payment to a merchant. Customers can register for UPI in three simple steps; verify the mobile number, link it to the bank account of choice and set the UPI PIN.

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