Flipkart Partners Euronet to Distribute Digital Gift Codes

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By Press Trust of India | Updated: 4 November 2014 15:33 IST
Domestic e-commerce firm Flipkart on Tuesday announced a strategic partnership with Euronet India, secure electronic transaction processing and payment solutions provider, to distribute e-commerce major's 'digital gift codes' across the country.

These digital gift codes act as payment instruments for making e-commerce purchases and are effective alternatives to other conventional means of payment, Flipkart said in a statement.

The customer will not just be able to gift these codes, but also use them for self-consumption on the Flipkart website, the company added.

Indian consumers across major banks will soon be able to use their online-banking portals and mobile applications to purchase digital codes which can be delivered instantly via their email accounts or through a text message in a secure fashion, using Euronet's electronic transaction processing services, Flipkart said.

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"Indian customers will now be able to avail this extremely user friendly instrument to purchase products and services offered on Flipkart.com using a variety of unique bank channels that Euronet powers today. This initiative will not just help in bringing new customers on-board but can also potentially bring greater efficiency and scale in existing operations," Senior Director - Marketing, Flipkart, Mausam Bhatt said.

 

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Further reading: Euronet, Flipkart, Internet
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