The Snapdeal-owned payments platform FreeCharge, has launched its five days FreeCharge Go Shopping, to promote its Freecharge Go Virtual Card. The online shopping powered by Freecharge commence from today and will continue till 15th February. As part of FreeCharge Go Shopping festival, the platform is giving away a 25 percent cashback on payments made using its Go card, in addition to discounts ranging from 15 to 70 percent from participating merchants. The participating merchants include Jabong, Freshmenu, Peppertap, Ferns & Petals, GiftXoXo, Limeroad.com, Swiggy, travelyaari.com, and voonik.com.
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The Freecharge online carnival is offering various discounts on travelling portal, which includes a 25 percent flat discount on bookings made on bus booking portal Redbus, along with a Rs. 100 cashback. Yatra is also offering a discount of Rs. 700 on domestic flights along with Rs. 3,000 in Yatra eCash. Other offers include restaurant listings and ordering platform, Zomato, that is offering a flat 20 percent discount, along with a maximum cashback of Rs. 200. Travel aggregator GoIbibo.com has also joined hands with Freecharge and is offering up to 70 percent discounts on domestic hotel bookings, with a maximum cashback of Rs. 2,500.
Freecharge has included a number of terms and conditions listed on the page, according to which the cashback will be credited to the FreeCharge Go MasterCard account within 24 hours, and can be redeemed within 185 days from the date of credit. The page states that the cashback offer is valid for only two transactions at any of the participating merchant websites. In an emailed statement, company's Chief Operating Officer, Govind Rajan, said, "through this initiative we intend to provide customers with more use cases and compelling reasons to shop. We are excited to partner with the best of brands in the online space as we strive to create the digital payments OS for the country".
Freecharge has launched its virtual Go card, on 21st January 2015, in association with Yes Bank and powered by MasterCard. The company now claims to have over half a million people as registered users for its Freecharge Go card. A user can create and top up their virtual FreeCharge Go card in seconds from their FreeCharge account, and use that to make online payments on Indian e-commerce portals that accept MasterCard. Users can enter the 16 digit card FreeCharge Go card number at the checkout page of any Indian shopping website or app, and then enter an OTP sent to the mobile number registered with the account to complete the transaction. It's noteworthy that unlike regular debit or credit cards, FreeCharge Go cannot be used for offline payments or on international payment gateways.