Flipkart’s payments arm PhonePe has partnered mobile wallet company FreeCharge to allow the latter’s customers pay for transactions at PhonePe’s partner merchants.
According to the deal terms, PhonePe has now enabled its users to link their existing FreeCharge wallets to the PhonePe app. Once linked, PhonePe customers will be able to spend their FreeCharge wallet balance at all online and offline merchant outlets that accept payments via PhonePe.
Static/Current Takeaways Important for IBPS Clerk Mains 2017 Exam-
- Phone Pe Chief Executive Officer (CEO)- Sameer Nigam.
- CEO of Freecharge- Sangram Singh, Owner- Axis bank.
Source- The Hindu Business Line