ItzCash announces collaboration with Flipkart

Q.  ItzCash has announced a partnership with which online marketplace company to reach out to those without debit or credit cards?
- Published on 05 Oct 15

a. Snapdeal
b. Flipkart
c. Baidu
d. None of the above

ANSWER: Flipkart
 
ItzCash has announced a partnership with online marketplace company Flipkart to reach out to the next billion segment. i. e those without access to debit or credit cards. Partnership is in form of a co branded store called ItzCash World which will be accessible across more than 75,000 franchisee stores. ItzCash has been serving the under banked segment through prepaid payment instruments since 2006. Partnership will leverage existing retail presence at more than 75,000 ItzCash World outlets and this multi service payments solutions company has announced it will expand its presence in Tier 2 and 3 cities.

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