Freecharge enables 12,000 auto rickshaws to go cashless

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Bengaluru, September 16, 2016: Freecharge, India’s fastest growing digital payments platform has partnered with auto rickshaw aggregator Jugnoo to ease the payment process of commuters through its swift and secure wallet.

This partnership will enable more than 12, 000 auto-rickshaws across 40 cities in India to go cashless by opting the Freecharge wallet option. It will also help in augmenting Jugnoo’s services and maximizing its business reach across the subcontinent. Furthermore, this latest service will play a vital role in encouraging customers to go cashless for their daily commute. With this partnership, Freecharge will further strengthen its presence across tier II and tier III cities in India, encouraging commuters to go cashless for their daily commute.

Speaking on the partnership, Sudeep Tandon, Chief Business Officer Freecharge said “Our partnership with Jugnoo is another step to make daily payments more convenient and frictionless in the lives of consumers. Now commuters need not carry cash or struggle to tender exact change to pay for their auto rides as they can seamlessly complete their payment transaction in less than 10 seconds using the Freecharge wallet. This association will give us access to 3.5 million user base of Jugnoo thereby giving us an opportunity to further influence daily habits of consumers to move from cash to digital payments.”

Commenting on this new partnership, Mr. Saurabh Wadhawan, Product Head, Jugnoo said, We are very happy to be associated with a promising digital payment platform like Freecharge to endorse cashless commuting among our esteemed patrons. With our collective vision of facilitating digitized payment options pan India, we hope to create a dynamic transport ecosystem, enabled by a cashless economy that can benefit every individual in the long run.”

With its user base of 3.5 million, Jugnoo is currently recording an average of 40,000 daily transactions. Moreover, with Freecharge’s focus on creating a great UI/UX experience for customers to help them move away from cash to e-cash, Jugnoo can leverage the best-in-class payment gateway from the former, and offer a swift and secure way of daily commute to its customers.