Home Latest News Note Ban: FreeCharge announces 100 per cent cashback on 1 lakh merchants

Note Ban: FreeCharge announces 100 per cent cashback on 1 lakh merchants


Mobile wallet app FreeCharge has recently announced a 2 day cashback bonanza for consumers across its merchant network, starting December 11.

Not in talks with PayPal on stake sale: FreeCharge
Founded in 2010, FreeCharge was acquired by Snapdeal in April last year for nearly 0 million

The company has launched the offer to compete against the leading e-wallet Paytm which also announced a similar offer for its customers on Sunday. Paytm has announced its 12/12 Cashfree Festival on Monday where consumers can pay via the digital wallet for offline shopping and get cashbacks among other offers.

A FreeCharge user can garner a 100 per cent cashback for 2 transactions per day by paying through his wallet, with a cap of Rs 100 cashback per day. “With this sale FreeCharge has become the only wallet to offer a flat 100 per cent cashback, while other players are offering upto 100 per cent cashback which essentially means 100 per cent cashback only for a limited set of merchants and a lower cashback percentage for others,” the company said.

The offer will be in addition to all the existing offers being run by the company. In case of both existing and sale offer being applicable, the consumer will get the benefit associated with the superior offer.

Consumers can avail this offer at merchants across categories like foodpanda, Domino’s, Swiggy, Zomato, Haldiram’s, Mcdonalds, Cafe Coffee Day, Barista for Food; bookmyshow, ticketnew.com, Hungama music for entertainment; Hypercity, Snapdeal, Crossword, Shoppers Stop, Pantaloons, Vishal Mega Mart for shopping and redbus, goibibo, Meru, Jugnoo, OYO for travel.

Speaking on the same, CEO, Freecharge, Govind Rajan said, “The holiday season is upon us and we would like to add some cashless FreeCharge cheer to the weekend as well. At FreeCharge are committed to ensure our consumers never run out of reasons to go cashless and what better than a flat 100 per cent cashback!”

To avail the offer, the payment should completely be made using the FreeCharge wallet. The offer is not applicable on payments made via QR code or send money option. The cashback will be credited within 24 hours, calculated on the net order amount post partial cancellations or refunds. The cashback will be credited in the form of e-voucher in theFreeCharge account which will be valid for a period of 6 months. The offer won’t be applicable for transactions on Helpchat and Irctc.