Jugnoo Introduces Unified Payment Interface Upholding Cashless Economy
Perpetuating the futuristic and simpler mode of payment, Jugnoo announces the integration of Unified Payment Interface (UPI). With this roll out, Jugnoo aligns itself to the digital economy. The auto-rickshaw aggregator is of the opinion that this integration is aimed at removing payment complexities for customers who have not yet adapted to payment gateways and wallets. Furthermore, this assimilation is touted to aid in increasing digital transactions, which is currently pegged at a Y-O-Y growth of 40%.
Through this integration, Jugnoo will enable customers to pay for their rides directly through their bank accounts. They can also link their bank accounts with their phone numbers and easily send and receive money from friends. Moreover, with Jugnoo venturing into deliveries, direct integration with bank accounts also eases the daily cash handling, which comes like a boon for the company’s overall operations. www.dqindia.com 15