🐘India🇮🇳: The Jupiter platform (not to be confused with the crypto exchange) launches a RuPay credit card linked to UPI

🐘India🇮🇳: The Jupiter platform (not to be confused with the crypto exchange) launches a RuPay credit card linked to UPI

This new card has been developed in collaboration with CSB Bank and is called Edge+.

▶️The card is available exclusively through the Jupiter app. It is a rewards-oriented product and features an integrated expense tracking system. Rewards earned can be used as a statement credit, to pay bills, withdraw cash, or acquire "digital gold."

▶️It offers an annual bonus of 50,000 rupees (578 USD), with no sign-up or annual fees. The cashback program includes 10% on platforms like Amazon, Myntra, and Nykaa, and 5% on travel portals like MakeMyTrip and Yatra. For most other purchases, there is a flat 1% cashback.

▶️Reminder: UPI is the Unified Payments Interface, while RuPay is India’s national payment network, launched by the Central Bank in 2012 as an alternative to Mastercard and Visa. It currently operates on tokenization systems, offers various advantages, and has become an export product, now being actively used in the UAE and Singapore.

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