FreeCharge, a digital payments platform on Friday (February 12) announced its partnership with ePaisa, a deal that will enable offline payments on ePaisa's network spanning thousands of retailers, food and beverage outlets, and wellness, travel and entertainment centres.
Govind Rajan, chief operating officer of FreeCharge, said, "We aim to enable digital payments everywhere, offline and online. Our partnership with ePaisa is in line with our goal to be the payment OS. Our UI and transaction experience ensures that consumers have the swiftest yet safest digital payments experience - over 99 per cent of our transactions within 10 seconds."
FreeCharge had earlier collaborated with McDonald's in January 2016 for offline payment integeration, operational in over 200 restaurants operating in the western and southern regions of India.
Customers paying through the FreeCharge wallet will also be able to avail of offers including cashbacks and additional discounts, the company said, adding that it will also run incentives with individual merchants that come on board with ePaisa.
"ePaisa enables merchants to accept wallet payments without any Internet and with FreeCharge's innovative 'On the Go' pin, there is no Internet needed by the customer as well. This is the first end to end offline acceptance mechanism and we are delighted to have FreeCharge in our fold," Siddharth Arora, Founder and CEO, said ePaisa in a statement.
Founded in 2012, ePaisa has developed a multilingual mobile-based point of sale ecosystem that enables small businesses to accept credit and debit card payments with smartphone and tablets.
BW Reporters
The author is Senior Correspondent with BW Businessworld
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