FreeCharge and food tech platform Faasos tie up for e-wallet payment solution


FreeCharge, India’s leading digital payments platform today announced its partnership with Faasos, one of India’s leading Food on Demand business as an e-wallet payment solution provider.

FreeCharge which has presence in the Food & Beverages category through merchants like foodpanda, Zomato, Swiggy, Freshmenu, Innerchef, Domino’s, Mcdonalds, Haldiram’s, CCD, Barista will further strengthen its position through this association.

Speaking on the partnership, Sudeep Tandon, Chief Business Officer, FreeCharge said, We are glad to have tied up with Faasos as their e-wallet partners. This gives both the partners a potential to serve each other’s customer base and opens avenues of future innovative launches for their customers. The diversified geographical reach of Faasos is only set to grow bigger and we hope the association brings in good results for both the organizations.”

Faasos serves over 15,000 daily customers across 130+ locations in 14 Indian cities - Mumbai, Pune, Bangalore, Hyderabad, Chennai, New Delhi, Gurugram, Noida, Ghaziabad, Ahmedabad, Vadodara, Indore, Bhopal, Nagpur. It prides itself on being a one-stop catering solution to all ordering occasion i.e. from breakfast, lunch, dinner to evening tea and snacks.

Faasos is all about unique, memorable and delightful experiences, and it is only possible when each aspect of ordering is made seamless. Post demonetization, we witnessed a 60% spike in online payments which now contribute to over 80% of transactions. It was very critical to integrate more online payment players on our platform to further boost smooth payment experience for our customers. FreeCharge came in as an obvious, and an important choice amongst wallets. We see a lot of value in this partnership which we believe will be symbiotic. While on one hand it will give our user base an added payment option, on the other it will give FreeCharge users a gastronomic experience on India's largest Food platform,” said SagarKochhar, Head of Marketing, FAASOS.

FreeCharge users ordering on Faasos can also avail a limited period Cashback offer of flat Rs. 75 off while placing orders on their app/website for a minimum of Rs. 75.

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, fuel payments, travel & commute bookings, food delivery and dining, movie and events tickets, both online and offline shopping in addition to other 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.


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