Merchants Throng To FreeCharge As Digital Payments Surge [Press Release]

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10X surge as buyers looks for digital payment options at grocery stores, pharmacies and food joints.

New Delhi, November 11, 2016: The government’s recent demonetization action has spurred the digital payments sector in a massive way with sellers reaching out to FreeCharge in order to immediately sign up to start accepting digital payments.

In the last two days, FreeCharge has seen a 10X surge in the number of retail merchant sign-up queries, with most of the queries coming from grocery stores, pharmacies and food joints. The queries pertain to the sign-up process, documentation required to onboard, commercial arrangement etc.

In order to quickly enable the merchant onboarding, FreeCharge has also started a drive asking its entire team to help the retail merchants in their proximity to sign-up as a merchant and help them start accepting the digital payments in the shortest possible time.

Commenting on the recent developments, Mr. Govind Rajan, CEO, FreeCharge said, “Merchant onboarding with FreeCharge is as easy as creating an account on the FreeCharge App. Aligned with the government’s mission, FreeCharge’s team is committed to accelerate the retail merchant community’s digital payments journey.”

Accepting payments through FreeCharge is as simple as downloading the FreeCharge app on your mobile, creating an account and registering yourself as a merchant through your account section by providing certain basic details. Post the registration, the merchant can accept payments through FreeCharge in 4 modes – Send money to people using merchant’s phone number, using the go pin if the merchant has a POS machine, by scanning the customer’s QR code in his FreeCharge app or by getting his unique QR code scanned through the consumer’s FreeCharge App.

Merchants can also visit http://frch.in/mfaq to review the process details

 

About FreeCharge:

FreeCharge is India’s fastest growing digital payments platform. Consumers across the country use FreeCharge to make prepaid, post-paid, DTH and Electricity bill payments for numerous utility service providers in addition to leading online and offline merchants. Freecharge is PCI DSS compliant for information security and is at the forefront of the mobile commerce revolution with over 90 per cent of transactions originating from mobile. FreeCharge Go, the virtual card was launched in January 2016, making FreeCharge wallet the universally accepted wallet in India.

For more details, please visit https://www.Freecharge.com or download the Freecharge app.