Future Group launches digital wallet for shopping
Kishore Biyani-led Future Group has launched Future Pay, a digital loyalty wallet to let its customers shop cashless and cardless. The wallet will be used across Future Group outlets such as Big Bazaar, Ezone and Home Town.
Future Pay, powered by Oxigen Services is a prepaid loyalty wallet through which customers can make transactions post loading money in their wallet by using credit card, debit card and netbanking, the company said in a release.
One of the most unique features of Future Pay is the ‘Price Match’ feature. This feature compares the price of items on the customer’s bill with the competitor’s advertised prices. And if it finds a lower price, it credits the difference to the user's Future Pay Wallet.
“At Future Group, our aim has always been to provide a seamless shopping experience to the customers. With the launch of Future Pay, we will ensure that apart from the best experience, they also get the lowest prices on all products,” said Future Group, CEO, Kishore Biyani.
Biyani’s mobile wallet will be competing with some of the leading mobile wallet companies in India including, Paytm, Mobikwik, Freecharge, PayU, Citrus among others.
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