Thanks to demonetization, Internet is on the rage today in India. With transparency as its primary goal, Government of India paved way to initiatives like BHIM, UPI to make all kinds of transactions through mobile wallets such as Pay Tm, Mobikwik, PhonePe etc. Freecharge is one of such mobile wallets founded by kunal shah and Sandeep Tandon in 2010 and is owned by Axis bank.
Freecharge, one of the India’s fastest growing digital wallets is preferred by over 1,00,000 online and offline leading merchants like shopper stop, MC Donald’s, Swiggy, Coffee Day, Myntra, make my trip etc. But freecharge has some very useful and unique features which makes it stand apart from the rest of the e-wallets available. Let us discuss them today!
1. CHAT AND PAY OPTION
How embarrassing it feels when you owe money to someone and completely forget about it! Or maybe your friend has to return your money but has not done yet! There is one simple solution to all such problems. You just need to chat with the respective person and send or receive money in the same chat. The process just takes a few seconds and Freecharge handles the transactions in a safe and secure way. You can also use this option to pay money to a merchant when you visit your nearest store but have run out of liquid cash. The only requirement is that both of you must have a Freecharge account.
2. WHATSAPP PAYMENTS
With Whatsapp used by almost everyone these days, it rolled out its new update where you can now pay money to your contacts. Freecharge has tied up with Whatsapp to make the process even simpler. Exclusive for Freecharge users, this feature on its app enables you to whatsapp money to your contacts. Just go to “freecharge on whatsapp” on your freecharge app menu and enable accessibility settings on your android phone. Now you can open whatsapp and send or request money from your contacts just by typing the amount followed by FC.
Demonetization move taken by the government has abruptly lessened the number of donations received by NGO’S. So, many of them have chosen freecharge as an active platform to receive their funds, with freecharge recently launching it’s “donating” feature to all its users. Many more NGO’s for child and mother care, child education are tying up with freecharge. Start donating from your side today and be a part of this noble initiative by freecharge!
4. SCHEDULE YOUR BILL PAYMENTS
Gone were the days where you need to step out to pay your monthly electricity bills, phone bills etc. With numerous options online to pay your bills, Freecharge has added an offer which is a cherry on the cake for all its customers. While managing your busy every day chores, we often forget to pay bills on time. Freecharge can now remind you to pay your bills at a scheduled time chosen by you. It reminds you about all kinds of bills you need to clear in a month. Just make sure you have some balance in your Freecharge wallet and your bill payment is done. Not just that, there are plenty of Freecharge offers you can avail for every bill payment you make. Install Freecharge now if you haven’t and never miss a bill payment again!
5. INVEST IN MUTUAL FUNDS
Freecharge has come up with an unprecedented concept of investing in mutual funds in its own app in a few simple steps. Investing money through Freecharge is a great alternative to your FD, with Freecharge claiming to give returns up to 8% per annum. Freecharge has tied up with renowned Reliance mutual funds, so your invested money directly goes to your mutual fund account linked with reliance mutual fund.
If you have invested in “smart save fund” you can withdraw money anytime from your mutual fund account through Freecharge. If you have invested in “Tax saver fund” your money will be locked for 3 years in your mutual fund account. Just keep your Aadhar card and PAN card with you and you are ready to invest from as low as Re.1/- . There is no fee that is charged for depositing or withdrawing money from your account.
6. SPLIT YOUR BILL
Splitting bills among friends is always a tedious task with one ready to pay and other not. When it comes to sharing bills when no one has liquid cash is always a mess. Now you can say good bye to all these hassles as Freecharge is here with splitting bills option for its users. Freecharge can split the money among any number of people without you having to take the risk of calculations. Just use the “split bill” option on your Freecharge app and selected the number of people you want to share your bill with. A notification will be sent to all those people you have selected. This easy yet effective option is only available on Freecharge.
Not just these, there are many other things you can do with freecharge app like recharging mobiles and dish TV connections, book tickets, person to person payments and what not! Also freecharge is well known for its astonishing offers and cash backs for its users. Give some room to this multi utility app in your mobile and avail all these extraordinary benefits.