Shopping on Flipkart? Use Flipkart Money For Payment

March 10, 2016 Facebook Twitter LinkedIn Google+ Best Deals & Offers,Online Shopping

In last one year, we have seen number of emergence of digital wallets like mushroom. After the success of Paytm, Freecharge and Mobikwik, now leading brands are planning to play big with their own digital wallets.

Due to awesome cashback offers, discount offers, deals and various promotional offers, now even normal person love to recharge or pay through them. In simple words we can say that success of Paytm, Freecharge and Mobikwik is really noteworthy. The latest jump in same segment is by leading ecommerce portal Flipkart.

Flipkart Money is latest mobile wallet owned by Flipkart and its just another method to complete online payment on Flipkart site, however; presently it will not allow you to shop on other sites because its semi-closed prepaid wallet. Earlier, in 2011 Flipkart had launched a closed wallet, but on that time such wallets was not allowed for third party merchants and due to that since then it was restricted to WS Retail purchases. But this latest semi-closed wallet will allow you to buy any product on Flipkart website.

flipkart_money_mainKey points about Flipkart Money:

  1. In present, it’s available only on Flipkart Android app.
  2. As a user you can hold maximum balance of up to Rs.10, 000.
  3. You can top up your wallet with a maximum amount of Rs.25, 000 per month and to do that you can use credit card or debit cards or net banking.
  4. At anytime, you can withdraw cash from wallet to cards or on your own bank account.
  5. In present it’s available for Flipkart only, however; company is working on more options with aggressive expansion strategy.

Advantage of Flipkart Money:

  1. According to rough survey, 15 percent of Flipkart shipments end in returns and to make refund of COD more easy and simple, Flipkart launch Flipkart Money.
  2. It seems now Flipkart will focus on cashback offers rather than discount offers like; Paytm and Freecharge.
  3. In 2015, major competitor Snapdeal acquire Freecharge and after that now Flipkart now want to make it neck to neck in every segment.

If you are planning to shop on Flipkart and want to save your hard earned money for affordable shopping experience, so we will suggest you to use Flipkart coupon codes or Flipkart promotional offers or Flipkart discount offers. To avail best deals on Flipkart website click here.