Freecharge partners with ICICI Merchant Services

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Carrying on with its blitzkrieg of tie ups post the government's withdrawal of 500 and 1000 denomination notes mobile wallet company FreeCharge has partnered with ICICI Merchant Services to facilitate acceptance of Freecharge wallet based payments at over 1 Lakh ICICI Merchant Services merchants across 700 cities and towns in India.

FreeCharge's partnership with ICICI Merchant Services, powered by First Data, will ease the payment process for merchants and consumers by introducing a swifter and secure way to make cashless payments. In a statement to the press Freecharge said that customers could use their mobile phones to make payments and complete the transaction with a secure On-The-Go-Pin in less than 10 seconds which will allow more than one lakh merchants using ICICI Merchant Services PoS terminals to accept FreeCharge wallet at their establishments.

"We are pleased to partner with ICICI Merchant Services for enabling FreeCharge to go live on an additional 1 lakh merchants as a payment option. The partnership will help us expand our footprint and enable merchants and consumers from Tier I & II cities to be part of the digital payments ecosystems," said Govind Rajan, Chief Executive Officer, FreeCharge.

"ICICI Merchant Services enables businesses across India to securely and conveniently accept electronic payments through its secure and advanced POS terminals and its state-of-the-art payment gateway. Accepting FreeCharge wallets on our terminals will enable merchants to increase their revenues, reduce cash handling costs and offer a better shopping experience to their customers. With our strong presence across the country, we look forward to offering FreeCharge wallet consumers the benefit of cashless payment as per their convenience," said Swarup Choudhury, managing director of ICICI Merchant Services & First Data India.

Freecharge partners with ICICI Merchant Services - ET Telecom
 
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