Freecharge goes live on UPI, joins Paytm and PhonePe

Mobile wallet application Freecharge has gone live on BHIM UPI (Unified Payment Interface) on its application to make it convenient for users of UPI based payment services via their @freecharge UPI ID.

The interface would provide a number of services like, send money to family and friends by entering recipient’s UPI ID or Account Number and IFSC; request money from friends; pay online and offline merchants; scan and pay via UPI enabled QR code. Customers can link bank accounts to a single UPI ID with an option to select any of their accounts for payment, the company said in a statement.

Sangram Singh, CEO, Freecharge said, “Freecharge emphasizes on creating a value proposition for the end users by making payment transactions smoother and faster. With UPI integration, we are adding one more large-scale instrument that enables users to make digital transactions with ease. UPI is increasingly emerging as a mainstream payment method and will enhance the growth of digital transactions and we as a digital facilitator of payments are excited to be a part of this consumer evolution.”

Freecharge which used to be owned by e-commerce company Snapdeal was sold off to Axis Bank in July last year.

Singh said that UPI on Freecharge offers a friction-free and secure payment experience and instant money transfer to any bank account or payment to a merchant. Customers can register for UPI in three simple steps; verify the mobile number, link it to the bank account of choice and set the UPI PIN.