But that’s not all: he has been one of the early adopters of fintech startup FamPay’s prepaid card. He has been using FamPay ever since coming across an ad on YouTube in November. He spends ₹3,000-4,000 every month, which “includes mobile recharges for my family, pocket money, DTH recharges, WiFi recharges, and groceries—and games." The Junio card provides parents with the option of introducing budget and category-based classification of monetary allowances every month and the creation of savings goals. With a current tally of 2 million users, FamPay launched a second version late last month, which comes registered on the Visa network.

Source: Mint August 17, 2021 16:52 UTC