Chennai, September 16, 2016: Freecharge, India’s fastest growing digital payments platform has partnered with auto rickshaw aggregator Jugnoo to ease the payment process of commuters through its swift and secure wallet.
This partnership will enable more than 12, 000 auto-rickshaws across 40 cities in India to go cashless by opting the Freecharge wallet option. It will also help in augmenting Jugnoo’s services and maximizing its business reach across the subcontinent. Furthermore, this latest service will play a vital role in encouraging customers to go cashless for their daily commute. With this partnership, Freecharge will further strengthen its presence across tier II and tier III cities in India, encouraging commuters to go cashless for their daily commute.
Speaking on the partnership, Sudeep Tandon, Chief Business Officer Freecharge said “Our partnership with Jugnoo is another step to make daily payments more convenient and frictionless in the lives of consumers. Now commuters need not carry cash or struggle to tender exact change to pay for their auto rides as they can seamlessly complete their payment transaction in less than 10 seconds using the Freecharge wallet. This association will give us access to 3.5 million user base of Jugnoo thereby giving us an opportunity to further influence daily habits of consumers to move from cash to digital payments.”
Commenting on this new partnership, Mr. Saurabh Wadhawan, Product Head, Jugnoo said, “We are very happy to be associated with a promising digital payment platform like Freecharge to endorse cashless commuting among our esteemed patrons. With our collective vision of facilitating digitized payment options pan India, we hope to create a dynamic transport ecosystem, enabled by a cashless economy that can benefit every individual in the long run.”
With its user base of 3.5 million, Jugnoo is currently recording an average of 40,000 daily transactions. Moreover, with Freecharge’s focus on creating a great UI/UX experience for customers to help them move away from cash to e-cash, Jugnoo can leverage the best-in-class payment gateway from the former, and offer a swift and secure way of daily commute to its customers.
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.
About Jugnoo
Jugnoo, a Chandigarh based company, was established in the year 2014. It has ventured into the industry as one of the leading auto-rickshaw aggregators with 40,000 people transacting per day, at a very nascent stage. It is a mobile app offering one of the largest networks of auto-rickshaws in India. It has over 12,000 autos empanelled under the brand at present. Jugnoo has its presence in 40 cities. Founded by Samar Singla and Chinmay Agarwal, the company is targeting the students, working professionals, and masses that are dependent on public transport for their daily conveyance.
