Auto-rickshaw aggregator, Jugnoo is the most recent startup to join the PM Narendra Modi’s cashless economy advantage. Following for quite a while of unsuccessful endeavors, Jugnoo has at last announced the launch of Jugnoo Pay, their very own payment wallet. Furthermore, all it took was a tweet to the PM of the country.
Jugnoo was working on an UPI empowered payment solution since last few months but the organization had been confronting certain technical issues in terms of SDK. In any case, the circumstance situation changed when Founder and CEO, Samar Singla, Jugnoo tweeted to PM Narendra Modi about their issue and approving the government’s position towards the startup ecosystem, the problem was settled within 48 hours of the tweet.
Jugnoo Pay mobile app is currently available only on Google Play store for Android users and will soon be available on App store for Apple users.
Like Flipkart’s Phone Pe, Jugnoo Pay is an UPI empowered payment solution that permits merchants to request and consumers to approve payments straightforwardly using their particularly bank accounts with their mobile number as an identifier.
The VP Engineering, Ronak Goyal commented, “UPI enabled Jugnoo Pay is the latest offering from Jugnoo to our customers. Factoring in the array of drawbacks in e-wallets, UPI is the next big thing and digital wallets will eventually become obsolete. So, we have enabled customers with a new and more hassle free payment option.”
He also added that While existing Jugnoo customers can directly login and use this service, new customers need to sign up on Jugnoo platform to use the service.
Aside from its core business of auto-rickshaw aggregation, the organization is also expanding across different verticals of hyper-local logistics in B2B and B2C domains with its recently launched services like Fresh, Meals, Grocery and Jugnoo Delivery.
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Sameeksha Bhardwaj, From ITvoir News Desk