About
Freecharge is an Indian payments app run by Freecharge Payment Technologies Pvt. Ltd., a wholly owned subsidiary of Axis Bank, which agreed in July 2017 to buy it from Snapdeal for Rs 385 crore. Consumers use it mainly to recharge mobile and DTH connections and pay electricity, gas, credit-card and other bills, paying through UPI, including PIN-free UPI Lite, or a RuPay credit card linked to UPI. With Axis Bank it also offers UPI-linked credit such as a gold-backed credit line. Freecharge also runs merchant payment aggregation; its RBI payment aggregator licence application was still under process in the FY2025-26 annual report. Its Android app lists over 50 million downloads (2026).
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