FreeCharge enables UCO Bank’s e-payments, cashback offers

NEW DELHI: Public Sector Bank UCO has partnered with FreeCharge to enable efficient recharge and bill payments for the bank’s consumers. This first-of-its-kind public sector bank tie-up with FreeCharge empowers PSUs to adapt digital innovation of online transactions. Besides the reward coupons, now FreeCharge with the support of UCO bank will bring additional benefits like cashbacks to consumers, and also up to 10% instant cashback can be availed on every recharge and bill payment.

Commenting about the partnership, Kunal Shah, CEO and co-Founder of Freecharge said, “FreeCharge is committed towards developing the high impact digital utility payment ecosystem and in-line to this vision partnership with UCO bank will play a crucial role. UCO Bank is a trusted public sector bank and we are delighted to have partnered with them. The partnership will offer our consumers exciting benefits like cashbacks and easier accessibility from e-payments.”

Arun Kaul, Chairman and Managing Director of UCO Bank stated, “Our bank will pursue profitable growth through responsible and responsive banking attuned to the demands of the time. Our bank is dedicated to serve young and modern India and this is going to be another step in this direction. UCO bank has extended immense support to their card holders. The partnership will further enhance both FreeCharge and UCO bank's contribution to government’s vision of promoting online payments.”