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FreeCharge deal with CCAvenue gives access to more than one lakh merchants

Snapdeal-owned FreeCharge has signed a deal with CCAvenue where customers of FreeCharge will have access to over one lakh merchants of the payment gateway. The association will allow FreeCharge as a payment option in CCAvenue's merchant websites. In recent times, FreeCharge has been stepping up an aggressive strategy to acquire both online and offline merchants. Earlier this month, FreeCharge started allowing users to transfer money from their digital wallet to other users, as well as registered merchants via a "chat and pay" feature.  Merchants will be able to upgrade their payment limits of Rs 1,00,000 with necessary KYC verification. They can accept payments by registering their bank account number and geo-location with FreeCharge. Made my first @FreeCharge offline mobile payment! Seamlessly done on the credit card machine. This might just work! pic.twitter.com/F4PoH18Eaq — Shiladitya M (@shiladitya) March 28, 2016 Last month, FreeCharge tied up with mobile POS solution provider Ezetap to enable Freecharge’s customers to make payments across Ezetap’s service points. In January, FreeCharge launched FreeCharge Go – a virtual card which can be used to make payments across all online merchants in India, in association with YES Bank and MasterCard. FreeCharge says that it has 30 million registered users and that 90% of its transactions come from mobile. Wallets vs Mobile banking  Payments via mobile banking have surged in recent times and wallet payments seem to have a long way to catch up to the volumes in them. Mobile banking transaction values surged to Rs 49,029 crore in the month of…

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