E-Wallet Payment Solution
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FreeCharge, India’s leading digital payments platform today announced its partnership with Faasos, one of India’s leading Food on Demand business as an e-wallet payment solution provider.
FreeCharge which has presence in the Food & Beverages category through merchants like Foodpanda, Zomato, Swiggy, Freshmenu, Innerchef, Domino’s, Mcdonalds, Haldiram’s, CCD, Barista will further strengthen its position through this association.
Speaking on the partnership, Sudeep Tandon, Chief Business Officer, FreeCharge said, “We are glad to have tied up with Faasos as their e-wallet partners. This gives both the partners a potential to serve each other’s customer base and opens avenues of future innovative launches for their customers. The diversified geographical reach of Faasos is only set to grow bigger and we hope the association brings in good results for both the organizations.”
Faasos serves over 15,000 daily customers across 130+ locations in 14 Indian cities - Mumbai, Pune, Bangalore, Hyderabad, Chennai, New Delhi, Gurugram, Noida, Ghaziabad, Ahmedabad, Vadodara, Indore, Bhopal, and Nagpur. It prides itself on being a one-stop catering solution to all ordering occasion i.e. from breakfast, lunch, dinner to evening tea and snacks.
“Faasos is all about unique, memorable and delightful experiences, and it is only possible when each aspect of ordering is made seamless. Post demonetization, we witnessed a 60% spike in online payments which now contribute to over 80% of transactions. It was very critical to integrate more online payment players on our platform to further boost smooth payment experience for our customers. FreeCharge came in as an obvious, and an important choice amongst wallets. We see a lot of value in this partnership which we believe will be symbiotic. While on one hand it will give our user base an added payment option, on the other it will give FreeCharge users a gastronomic experience on India's largest Food platform,” said Sagar Kochhar, Head of Marketing, FAASOS.
FreeCharge users ordering on Faasos can also avail a limited period Cashback offer of flat Rs. 75 off while placing orders on their app/website for a minimum of Rs. 75.