National, November 15, 2016:

India’s fastest growing digital payments platform, FreeCharge’s, Zero Cost offer for merchants has created tremendous buzz amongst the merchants.
In one swift stroke, FreeCharge completely removed the initial set-up charges and also the commission charged to merchants on each transaction. To make the complete digital payments process completely free, it also waived the charge for transferring funds from the FreeCharge wallet to the merchant’s bank. This unbeatable offer led to a sharp increase in the number of merchants signing up to start receiving payments through FreeCharge.
Speaking about the initiative, Govind Rajan, CEO FreeCharge said, “After rolling out the Zero Cost offer, we have received thousands of queries and missed calls. Since today morning, our team has been signing up a merchant every 30 seconds. A dedicated team is in place to assist the merchants. We are committed to making the digital transition swift, seamless and easy for our merchant partners.”
The level of user interest can be seen from the fact that nearly 60% of the merchants who signed up over the last 2 days, received their first digital payment within one hour of starting their FreeCharge wallet. The largest number of sign-ups are from self-employed professionals and food delivery joints.

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 has millions of registered users, 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.