UPI is a welcome step for the banking and IT industry: VSoft Technologies

United Payments Interface (UPI) is a welcome step for banking and IT industry. This will not only enable smaller business transaction but also empowers general public to transact or transfer money at ease and speed.

Our flagship product Jeb which has won the national UPI Hackathon contest organised by National Payments Corporation of India (NPCI) will be available on Google Playstore and iOS App Store for download. Currently we are in talks with the banks to customise our Jeb app for their requirements.

Earlier, VSoft Technologies had announced “Jeb application” which lets the users receive and pay money instantly using their mobile phones. Even in the cases wherein the users do not possess cash and credit or debit cards and needs to make an urgent purchase or transaction, Jeb application comes handy and empowers the users to instantly transfer money into the merchant’s bank account only by the means of mobile phone.

Jeb Application’s multi-mode interface, such as Physical entry, Voice feature and QR Code scanner will enable not only the users, but also the merchants to make any kind of money transaction instantly and in the most convenient way. The Jeb application also enables the users to – (i) add multiple bank accounts, (ii) view the balances at one go and (iii) transact from any account through only a single platform. The users can also choose the language of their choice and start interacting with the application even through a voice command.