Looks like a fancy name for Flipkart Wallet.
Flipkart Money
Flipkart Money* is a payment method in your Wallet that:
• Helps you to receive instant refunds in Wallet for purchases made via Cash on Delivery (COD) and Net Banking.
• Allows you to pay seamlessly for all your purchases across all sellers.
• Allows you to withdraw funds to your bank account.
*Powered by FX Mart. T&C Apply.
Flipkart Money