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FreeCharge Finally Adds UPI Payments

FreeCharge Finally Adds UPI Payments 4w6d2o

By Jagmeet Singh | Updated: 29 March 2018 16:29 IST

Highlights

FreeCharge has added UPI
This lets FreeCharge s use UPI-based payment services
Apps such as MobiKwik and Paytm already have UPI integration

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MobiKwik added UPI to their apps. 402p1x

You can avail UPI on your FreeCharge by ing and linking your mobile number to the bank of your choice and then setting a UPI PIN for transactions. The process is notably iOS s in a couple of weeks.

The addition of UPI mainly enables the FreeCharge app to instantly transfer money between bank s and pay merchants using a single app. Transactions are importantly secured through a four- to six-digit UPI PIN, and the app verifies your mobile number using an OTP.

"With UPI integration, we are adding one more large-scale instrument that enables s 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," said Sangram Singh, CEO, FreeCharge, in a statement.

As per the numbers provided by the National Payments Corporation of India (NPCI) for February, the total transaction count via UPI by all its ed apps stood at 171.40 million. This number is indeed expected to grow further with the expansion of UPI on apps such as FreeCharge.

Earlier this month, added a 'Send to UPI ID' feature to let s make transactions between specific UPI IDs without going into any conversation threads.

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