Hey, So today I was at INOX and realized that I had left my Jupiter card at home. I asked them if I could UPI but they refused and told me that they don’t accept it. (Ended up paying with a credit card sigh) So it got me thinking.
What about making it so we can pay with our cards through NFC directly via the Jupiter app or add it onto apps like Samsung Pay or Google pay? And still get cashback or not, Cashback doesn’t matter to me atleast.
Why not pay via UPI?
My response: Some stores don’t accept it. (Especially here in Kolkata)
Go back and bring our card?
My response: Some times we may forget or loose them and especially when you are in a situation where you are purchasing food or clothes and realize that you cannot go back and bring them/ or wait for a new card to come. And since I’m travelling I cant even get a card, since I’m not home. We carry our phones all the time, but not our wallets.
My response: If we don’t have our cards, we cannot withdraw cash.
How does this work?
My response: It is the same technology on our cards called NFC. It comes on all modern phones now a days.
Safety-ness of this?
My response: I guess this one matters on you, Jupiter allows us to turn on/off Contactless payments so maybe use that as a safeguard? Anyways there is a lock on financial apps like Jupiter/Gpay/Samsung pay so its pretty safe and Gpay even makes a different card number so your number is never leaked. (test it out, it works), Much safer than a card that just requires a tap to make payments without any pin.
How many banks have these?
My response: Many have it, like kotak, axis, icici, Federal bank (only on the Gpay app) and so on… Even OneCard the co-branded credit card has it (Gpay).
You said Federal Bank is supported on Gpay so why cant we use our Jupiter cards on it?
My response: Only certain Bins are given to Gpay by Federal Bank and Jupiter’s bin is not on it that is why. (what is a bin? Bank Identification Number (Bin) is the first 4-6 numbers on a payment card that identifies the card issuer. The first digit is the major industry identifier, and the remaining digits communicate the financial institution that issued the card.) (What is your bin? Check it here https://binlist.net)
Reply with a question and ill reply.
This whole thing is a petition/suggestion btw. Forgive any mistakes in my post. The Jupiter Iphone app image is just for illustration on how I want to see the app, I havent put much effort into it.