Saturday, 5 March 2016
Flipkart introduces Flipkart Money digital wallet
India's largest online retailer Flipkart has announced its digital wallet service called Flipkart Money. The wallet is powered by FX Mart payment service that was acquired by Flipkart last year.
The wallet service lets you get instant refunds, make quick payments and also allows for easy withdrawals. You can also pay for all the purchases and even add the ability to withdraw funds from your bank accounts.
Flipkart Money is now available on Android and on the desktop website. You'll have to log into your account, fill out the details and the service for activation. Once activated you'll be able to add money to the wallet by entering top up amount - Rs. 100, 200, 500 or 1000. The limit for one time charge is Rs. 10,000, 5,000 to transfer to user's bank account and a total of Rs. 25,000 per month.
The wallet can be topped via credit cards, debit cards or net-banking. You can also add gift card to the wallet if you've save your credit cards, debit cards information for faster payments.
As said before Flipkart Money can be accessed from Android devices and desktop website, and the online retailer will soon roll out the service to iOS and Windows.
The move from Flipkart comes at a time when other digital wallet services like Paytm, Mobiwik and Freecharge are becoming popular in the country. However, these services let you recharge mobile, pay utility bills and more as well.
Via
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