Overview

  • Founded Date 1 January 2010
  • Sectors Corporate , FinTech / Payments
  • Viewed 17

Company Description

Overview
Freecharge is a leading Indian digital payment platform that offers a wide range of financial services, including mobile recharges, bill payments, and digital wallet solutions. Launched in 2010, Freecharge quickly became a popular choice for consumers looking for a fast, secure, and convenient way to make payments online. In 2017, Freecharge was acquired by Axis Bank, which strengthened its position in the fintech space. Today, Freecharge continues to innovate in the digital payment ecosystem, providing users with a seamless experience across various financial services.

Key Offerings

  • Mobile Recharges and DTH Payments
    Freecharge allows users to easily recharge their mobile phones, pay for DTH services, and top-up data packs for various telecom operators. The platform supports multiple payment methods, including credit/debit cards, UPI, and net banking.
  • Bill Payments
    Freecharge enables users to pay utility bills, including electricity, gas, water, and broadband bills, directly through its platform. This service saves time and effort by offering a convenient one-stop solution for managing recurring bills.
  • Digital Wallet
    Freecharge provides a digital wallet that lets users store money digitally and use it for various transactions, such as online shopping, recharges, and bill payments. The wallet can also be linked to bank accounts for easy loading and withdrawal of funds.
  • Cashback Offers and Discounts
    Freecharge regularly offers cashback promotions and discounts on transactions, which incentivizes users to make payments through their platform. These offers help customers save money while using the service.
  • UPI Payments
    Freecharge supports UPI-based payments, allowing users to make instant money transfers between bank accounts. UPI payments are fast, secure, and work across all banks that support the UPI system.
  • Loan and Insurance
    In addition to payments, Freecharge also provides access to small loans and insurance products. Through partnerships with financial institutions, the platform offers personal loans, insurance policies, and credit services.

Technology and Innovation
Freecharge uses cutting-edge technology to enhance the user experience and improve security. The platform employs robust encryption and fraud detection systems to ensure safe transactions. It also continues to innovate by integrating emerging payment technologies and features like biometric authentication and seamless digital onboarding.

Mission
Freecharge’s mission is to make financial services more accessible, affordable, and easy for everyday consumers. The platform aims to be a trusted partner in managing digital payments and improving financial inclusion in India.