FreeCharge, India’s leading digital payments platform, today announced that it now has 1 Million customers. Customer rollout of the FreeCharge Wallet was initiated on 25th September, making this wallet the first in the country to achieve this milestone within 5 days of customer rollout. The early used cases observed are for utility bill payments like mobile recharge, electricity bill payments and online shopping, as claimed by the company in its press statement.
FreeCharge is India’s digital platform for recharge and utility payments which provides prepaid, post-paid, DTH and Electricity bill payment for almost all Indian service providers. It is a robust and flexible platform that leverages enabling technologies such as HCE, NFC, QR code and BLE to create a most intuitive consumer experience.
Excited about the achievement, Govind Rajan, Chief Operating Officer, FreeCharge and Chief Strategy Officer, Snapdeal said, “We have hit the 1 million mark, that too within a week of rollout. This is the fastest not just for wallets but for any digital product! This milestone is a testimony to the trust that consumers have on FreeCharge. Speed and security are two pillars of the consumer experience. With FreeCharge Wallet customers are able to make their transaction within 10 seconds. FreeCharge is compliant with leading industry standards like PCI DSS, making FreeCharge the quickest and most secure wallet”
