FreeCharge has rapidly gained acceptance as a trusted and easy-to-use replacement for cash among merchants and consumers, with its less-than-10 seconds payment completion promise. FreeCharge expanded its reach by partnering with payment aggregators like ePaisa, CCAvenue, Ezetap and Pine Labs to facilitate payments through Freecharge wallet at various PoS terminals and online payment gateways.

Mobile commerce platform FreeCharge has introduced a new feature called ‘Chat and Pay’, which will enable Person-to-Person and Person-to-Merchant interfaces for Digital Payments. FreeCharge says the service will help customers to chat and pay in a secure way to friends, family and merchants in less than 5 seconds. It will also enable merchants to accept digital payments in less than 1 minute after registering on the FreeCharge App.

Digital payments platform FreeCharge has partnered with Cinepolis, a chain of movie theatres. With the partnership going live, customers can pay for movie tickets and Food & Beverages across 38 Cinepolis theatres in 28 Cities using the FreeCharge wallet. As part of the launch, the customers will also be able to avail offers and discounts rolled off by the FreeCharge.

This allows the entire base of FreeCharge users to immediately start using their wallets to make payments at thousands of Ezetap service points consisting of small and mid-sized retailers across India. Ezetap’s Universal Mobile Wallet Acceptance is India’s first universal solution that allows merchants to accept customer payments from any mobile wallet through their existing Ezetap mobile point of sale application. This will enable the wallet consumers to use FreeCharge both not just online but at over 40000 offline points too.

Silicon Valley based Sequoia Capital has raised a $920 million fund to further invest in Indian companies.Sequoia’s Fund V closed around more than a month ago. This is the largest fund raise by any VC till date. In 2015 April, Sequoia had raised $210 million to its existing $530 million-India fund. Altogether, the total assets in India are more than $3 billion. The companies included in Sequoia’s portfolio are Oyo Rooms, Zomato, Freecharge, JustDial, Grofers, Craftsvilla etc.