NEW DELHI, INDIA: FreeCharge has announced its new virtual card ‘FreeCharge Go’ to create the wallet acceptance universally across all online merchants in India. It is launched in corporation with YES Bank, ‘FreeCharge Go’ is powered by MasterCard.
It requires just few seconds to activate the card. Users can log on to the FreeCharge account and create their FreeCharge Go card. They can top it up by adding money to FreeCharge wallet and use it on- the- go for all their online transactions.
Govind Rajan, Chief Operating Officer, FreeCharge stated, “FreeCharge Wallet is the fastest growing wallet in the country. We are insanely focused on UI – 0ver 99% of our transactions are completed in less than 10 seconds. As a result we have amongst the stickiest cohort – with over 72% consumers being repeat consumers”.
FreeCharge Go card can be created by the user in less than 5 seconds. Also, the card will be accepted universally across all major online portals in India. ‘FreeCharge Go’ will going to launch a marketing program with targeted and personalized offers for customers based on their usability.
FreeCharge Go ensures the safety and security of customer data with 128-bit encryption and stored as per PCI DSS compliance. Post activation, FreeCharge users will be able to see a 16 digit MasterCard number with an associated CVV in their FreeCharge account. The card details are only accessible after entering security MPIN every time the customer has to view the card details to protect customer information. In addition, every transaction using the card needs to be verified by an OTP which is sent to the registered mobile number.
With ‘FreeCharge Go’ customers can transact across all major e-commerce portals, pay for movie tickets, book event tickets, pay for various transportation services like bus, cabs and metro rides, leverage it for hyperlocal services like grocery shopping etc. across all Indian websites.
FreeCharge will soon be available for payments at offline stores as well in coming months, said the company.