Why stop at my debit card spends? Would be great to automate savings on all my expense transactions, even funds transfer!
As per my understanding the limitation is caused by. both ends:
@Bank/ Issuer side : They have not yet enabled this feature post RBI guideline
@Merchant side : They do not accept Debit card of specific issuer/ scheme for recurring transaction yet
I think PhonePe is already doing this and I agree, but right now its implemented using the UPI network. Apple pay is visioned like this but keeping in mind that the ecosystem is still primarily archaic, there is a need for physical alternative and its treated like a secondary [backup] when the virtual card cannot be accepted.
In India, we need new POS systems and innovation to the likes of what PINE labs is doing with E-POS systems for seamless transactions to achieve what you’re suggesting because as per my understanding only through MST and NFC can you achieve this on POS devices merchants use.
Nice, three ideas in one - the first idea is Virtual Card and the second idea is having 1 card for multiple banks. Got it.
Oh man, the third one is mind-blowing - the Debit card AR-VR feature. I was wondering how would it work? Is it feasible to do?
Hi @sahil-sorathiya, currently a mini AR/VR experience is available without an app, just by scanning a QR Code on our phones.
So considering that all the data, transaction details are available in the Jupiter app, at a click you can give a mini AR/VR experience where a digital character gives a lecture on the usage/transaction / Tips and name it what.
And if the experience can be optimized, the character can pop up and double up as a chatbot assistant (a real 3D character) - A great step up from the existing auto chatbots and can answer our queries/share inputs.
e.g. Hey Jupiter, show me the expense categories this month - The character pops up and gives a 3D split for us to view rather than scrolling on the screen.
Looking at the world as it is now, more and more contact less features would be a hit. Other than that a spending limit or money management features would go a long way as @siba said, saving as we spend.
Also, Indian debit card payments still don’t work or have issues with overseas transactions because of 3D security. Most trending apps, games and subscriptions online don’t accept Indian debit cards. This is more of a query than a suggestion but if that could be tackled, what else would millennials want?
Should we make a new thread for taking this discussion in detail @Krishnan ? I would love to figure out what can be done here.
Yes, a new thread will be good.
Amazing, waiting for you to create a new thread where we discuss this then?
I think maybe we can think about the colors don’t limit the debit card for one color please make it available in different color variants because every user is not same and every one doesn’t like same color so please enable an option in debit card section while their order for card is placed,everyone is unique so, like example Venmo dispatches many variants in their card color in solid so keep the users choosy while they look for their
Can a single card replace all other existing debit cards?
Something like curve https://www.curve.com/
Which would be the most aesthetically pleasing card you’ve seen so far?
Any design ideas you like best? Also a colour you would prefer?
For AT-VR features, special glasses will be required . However, just to initiate, how about… if you see your Jupiter card via camera from your mobile Jupiter application… you can have that kind of AR view.
Matte Black for color, not found any card so far that completely stands out, hoping that you guys bring some thing pleasing.
I rarely use debit cards. However exclusivity and loyalty based benefits could be good incentives.
A gradient holographic finish on a card would look stunning.
A monochrome metallic touch on the card would be very eye catching
Could we call that feature Jupiter GO?
Revolut’s metal cards are very aesthetically pleasing.
How about Jupiter Halo… Halo ring is the inner most ring of Jupiter