Fi Money has partnered with GoKwik, an e-commerce enabler to enable instant card-based discounts on D2C brands.
Fi Money will integrate its Fi Federal Debit Card benefits directly into GoKwik’s KwikCheckout platform and roll out exclusive card-based offers to 120 million+ online shoppers in the GoKwik network.
Shoppers will be able to avail of card offers while shopping through D2C brands in the GoKwik network. For brands, it will enhance prepaid success rates, boost conversions, and reduce dependency on cash on delivery, thereby mitigating return-before-delivery losses, and increasing the bottom line.
“We’re excited to collaborate with GoKwik. This partnership directly aligns with our mission to drive digital payment adoption and create more seamless financial solutions. We believe this partnership will ensure more secure and seamless digital payment experiences for consumers. By integrating with GoKwik, we are expecting a 3X jump in digital payments. We look forward to working with their team,” said Sujith Narayanan, co-founder and CEO of Epifi Technologies (Fi Money).
“Fi Money is a key player in the digital banking space, providing accessible and seamless financial solutions. We are delighted to help them expand their offerings to the D2C space. We are aiming to bridge the gap between banks and brands, creating a thriving ecosystem where all come together and grow together by delighting online shoppers. We’re looking forward to enabling deeper penetration of digital payments in India,” said Chirag Taneja, Co-Founder and CEO, GoKwik.
GoKwik has been committed to enabling the growth of D2C brands through its various tech and data-backed solutions across the shopping funnel. Through KwikCheckout, its category creator checkout solution, shoppers bypass the step of logging in every time they shop from a brand, have their addresses prefilled, provide various offers and extensive payment options, leading to a frictionless experience for them.
Brands including mCaffeine, Neemans, Mivi have already been rolling out Fi offers to their shoppers in the GoKwik network and are expecting significant results.
GoKwik currently houses over 10,000 brands, including Lenskart, Neemans, Man Matters, Mamaearth. The network spans into categories such as fashion, beauty, health, and electronics. Fi Money currently serves over 3 million users, providing digital banking solutions that simplify payments and savings.
