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Digital Wallets Freecharge: Key Point to Remember

Published on Friday, March 17, 2017

Introduction:

  • Freecharge is one of the famous digital payment systems in India, mostly targeting the youth in all their promotions. 
  • Equivalent amount of coupons are given for every recharge you do, thus it’s a great option to recharge online using freecharge wallet.
  • Founded on : August 2010
  • ounder :Kunal Shah and Sandeep Tandon
  • Headquarter : Mumbai, Maharastra.
  • Owner : Snapdeal

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History:

  • FreeCharge was started in August, 2010 by Kunal Shah and Sandeep Tandon.
  • In 2011, FreeCharge was named as one of the most promising technology startups from India by Pluggd.in. 
  • In 2012, the company claimed to be doing online recharge of INR 6 million on a daily basis.
  • In 2014 Freecharge received $33 Million Fund from Sequoia Capital, Sofina and Ru-Net.
  • On 8 April 2015 Indian e-commerce Snapdeal acquired Freecharge for Rs.2800 crore.

Unique Features:

  • Chat N Pay to send or receive money on the Freecharge App
  • Data Lifeline to earn free 3G data up to 100 MB by exchanging tokens
  • Sending and receiving money with WhatsApp
  • Split bills to equally divide shares amongst friends & family
  • Login using your Google+ or Facebook accounts 
  • Amazing discounts and cashbacks on all types of transactions
  • Mumbai Metro smart card recharges

Partnership (snapdeal platform):

  • Shoppers Stop
  • Cleartrip
  • Cafe Coffee Day
  • BookMyShow
  • RedBus
  • Jabong 

DTH Recharges:

  • Tata SkyAirtel Digital TV
  • Reliance Big TV
  • Dish TV
  • Sun Direct 
  • Videocon D2H

Mobile Recharges:

  • Airtel
  • Vodafone
  • Idea
  • Reliance
  • Tata Docomo
  • Uninor
  • MTS
  • BSNL 

Data card Recharges:

  • Reliance Netconnect
  • Airtel
  • Tata Photon
  • Vodafone

Landline Bill Payments:

  • Airtel landline
  • BSNL landline 
  • MTNL Delhi

Electricity Bill Payments:

  • BESCOM
  • BSES Delhi
  • BEST Mumbai
  • Reliance Energy
  • MSEDC

Gas Bill Payments:

  • Mahanagar Gas Ltd
  • Indraprasth Gas Ltd
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Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

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