Jupiter Edge+ RuPay Credit Card Works on UPI
Why in the news
Two fintechs brought RuPay credit cards that can be used through UPI QR payments, a step in merging credit with India’s payments systems.
Key facts
- Jupiter partnered with CSB Bank; Scapia with Federal Bank.
- Jupiter’s card: Edge+ CSB Bank RuPay Credit Card, with no joining fee and no annual fee.
- Runs on the RuPay network with UPI QR payments on credit.
Edge+ card features
| Feature | Detail |
|---|---|
| Rewards | Cashback worth over ₹50,000 a year |
| Redemption | Statement credit, bill payments, cash or Digital Gold |
| Availability | Only via the Jupiter app, with expense tracking |
Exam angle
- Network: RuPay; bank behind Jupiter’s card: CSB Bank; Scapia’s partner: Federal Bank.
- Concept: credit on UPI.