1. Rs 500, Rs 1000 notes ban pushes merchants to register at FreeCharge

Rs 500, Rs 1000 notes ban pushes merchants to register at FreeCharge

A 10 times increase in mercantile inquiry via digital mode has been noticed since the ban of Rs 500 and Rs 1000 have taken place

By: | New Delhi | Published: November 11, 2016 10:48 PM
Freecharge has received 10 times query over the past 2 days (Freecharge Blog) Freecharge has received 10 times query over the past 2 days (Freecharge Blog)

The demontization action has compelled a section of consumers and merchants in a hge way to adopt the digital payment gateways and platforms. These are those people who were otherwise reluctant to use any kind of digital payment mode.

FreeCharge which is a platform for such payments through which one can pay their utility bills have seen a rise in 10 times the user for their platform in the past two days with most of the queries. The queries pertain to the sign-up process, documentation required to on-board, commercial arrangement etc.

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

Commenting on the recent developments, Mr. Govind Rajan, CEO, FreeCharge said, “Merchant on-boarding 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.”

The process is very simple. Create an account and register 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 on 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.

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.

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