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This licence will enable Jupiter to provide digital wallets for UPI payments, fund transfers, and bill payments
In the coming months, the company plans to introduce a prepaid account facility
Jupiter intends to develop new use cases for its app, which currently provides digital savings accounts, UPI payments, and financial management services
Bengaluru-based neobanking startup Jupiter has secured prepaid payments instrument licence from the Reserve Bank of India to provide digital wallets for UPI payments, fund transfers and bill payments. Step up your startup journey with BHASKAR! From resources to networking, Bhaskar connects Indian innovators with everything they need to succeed. Join today to access a platform built for innovation, growth, and community.
