wordpress blog stats
Connect with us

Hi, what are you looking for?

Jugnoo’s standalone UPI app taken down from Play Store and merged into main app

Jugnoo Pay, the standalone UPI app for peer-to-peer payments, has been taken down from the Google Play Store and has been integrated into the main Jugnoo app. Samar Singla, CEO and founder said that this was due the company’s recent rebranding exercise and consolidated its services in one app.  (hat tip: Twitter user @logic)

“Customers can continue using the services of Jugnoo Pay via Jugnoo app with enhanced features like the option to add multiple bank accounts. Further, the integrated app also enables the users to pay for their Fresh and Meals orders through Jugnoo Pay,” Singla added in a statement.

The online auto-rickshaw aggregator launched its own UPI payments app back in December 2016 with YES Bank and it looked like it was fashioned along the lines of along the lines of Flipkart’s PhonePe.

Note that YES Bank, PhonePe are in a standoff with ICICI Bank over interconnection on the UPI. Earlier this month, YES Bank, ICICI Bank, Flipkart and the NPCI issued statements which contradicted each other and ICICI Bank said that it would not open transactions yet.

ICICI Bank has blocked its bank accounts from transactions from Yes Bank’s virtual payment address (@ybl). As such, linking a ICICI Bank account from Jugnoo will also not be allowed as it will have a @ybl handle.

YES Bank has partnered with 50 companies to build an ecosystem for the UPI.  Capital Float (lending), Ezetap, Benow (merchant aggregators), MyPoolin, Splitkart, Paysay (bill splitting) and Instafeez (fee collections) are all developing UPI applications using YES Bank’s SDK.

You May Also Like


Yes Bank Ltd posted a net profit of ₹151 crore during the third quarter of the current financial year compared to a net loss...


The National Payments Corporation of India is in the process of rolling out a completely open source platform for the Unified Payments Interface (UPI)...


MobiKwik’s net revenues grew by 134% to ₹379 crore at the end of FY20 from ₹162 crore on the back of higher revenue from...


Non-bank lender Bajaj Finance is planning to enter the competitive Unified Payments Interface (UPI) market with its own third-party app called Bajaj Pay. The...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to Daily Newsletter

    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ