In this digital era of technology, everybody is using different payment apps for making online payments. There are some challenges also in those apps such as sometimes they take too much time in completing the payment, teenagers cannot use the app. So to overcome these issues I have bought a unique fintech solution for you that is Fampay. It is specially designed for teenagers in India. So let’s explore this unique payment system of India.
What is Fampay?
It is a payment system designed in India for making payments easy for teenagers and Adults. They enables teens to make secure and easy transactions without a bank account. It allows you to do both offline payments through the fampay card and online payments through the digital wallet on its App. This platform is shaping the finance for the next gen by helping everyone in spending, saving, earning and learning about money. This platform is powered by Trio which provides reliable and secure digital payment solutions.
Features of Fampay
There are various features of this platform which make it unique in this digital payment system. This platform is getting popular nowadays due to its unique features, So let’s know about its unique features:
- Quick Payments – One of the features of this platform is that here you can make quick payments with your fingerprint or Face Id. Your payment will be completed in a few seconds. According to nits users their app usually takes 2 seconds or less to complete the payment.
- Manage Expenses – This app also gives a great feature to manage your expenses. Here you can easily track all your spendings, budget according to that and manage all the expenses so that you can save your money.
- No Bank Account Needed – The one of the great features of this platform is that here you can make payments without a bank account. The one main issue that arises with other payment systems is that they need a bank account but here you can easily pay money without bank accounts.
- Open for Everyone – The other great feature of this platform is that this payment system is open for everyone. Teenagers with age of 11 years plus can also use this payment system to make any payments.
- Secure Numberless cards – The other feature of this payment system is that it provides numberless cards to make payments. These cards are secure as there is no card number on it so there is no chance of data leak.
Fampay App
This platform has also provided its app like other payment systems for making the payment process easy. The app is developed to provide you a convenient method for UPI and card transactions. This app also offers different offers and fam coins on your daily spends. Here you also get exciting offers and discounts from Top brands. Their app is a one stop solution for all your UPI payments and other digital payments.
Fampay Apk Download Process
This app is built for both android and IOS Applications. For android you can download it from the playstore and for the IOS phones you can download it from the Apple Store.
Fampay download process
Now many of you curious to know about how we can download fampay application to start making digital payments through it. So lets see its download process for Android:
- Open Google Playstore – First open the Google play store application on your Mobile phone to download this application. Once it open goto its search bar on the top of the application.
- Search Fampay – Now type Fampay on the search bar and press enter to get the application.
- Download Fampay – Now you will be shown some results. Click on the Fam pay by Trio application. Now click on the Install button to download and Install the application on your phone.
- Open Application – Once it is downloaded open the application on your phone to use it. Click on Enter its button to enter inside the app. Now they ask you to login into the application. So lets see its login process.
Fampay Login Process
Once you have downloaded the application you can login into the application to access it for making payments. So follow the steps to get login on this app:
- Open Application – First open the application on your phone to get login into the app for making payments. You can use this application easily for all your digital payments through UPI.
- Enter Mobile Number – Now they ask you to Enter your mobile number for login. Enter the number and click to proceed with terms and conditions. Now they will verify you via an sms.
- Enter Details – Now they will ask you to enter your details for login in the tell us about yourself section. The details are Name as per Aadhar, Birthdate, source of money etc to fill up. Now click on Continue once your details are filled.
- Enable location Access – Now they ask for our location access and give you a UPI Id to proceed with the application.
- Complete the Login Process – Now they will verify your details such as adhar details and other and you will be logged in to the application to start making payments to any UPI Id.
Fampay Card
The card which is provided by this unique payment system is a prepaid debit card that can be used anywhere for making payments. This is a numberless card which does not have any numbers for the purpose of security. You can make secure and quick payments with this card. Once you can make an account on this app you can order this card from their app to do payments.
What is Fampay Age Limit
Now many of you will doubt that what the age limit is to use this Application for making payments. This doubt arises because in other similar applications you must be 18 plus to make account on that application. You will be excited to know that this application can be used by everyone who age is more than 11 years. This application is designed for teenagers in India so that they can make payments easily.
Some Other Apps like Fampay
There are some alternatives also of this application. So let’s see some other apps like this which you should know:
Apps | Description |
---|---|
Amazon Pay | It is also a good payment option that does not charge a fee for transactions. It accepts credit and debit cards. |
Paytm Postpaid | It is a buy now pay later app through which users can pay for services. It provide a credit of up to 60,000 |
Fyp | It is a teen payments app and it also provides prepaid cards for teenagers. You can make payments easily without a bank account. |
Opay | It is also a financial services providing app where you can bill payments and other payments. It also provides its debit card. |
Recent News about Fampay
There is some recent news about this platform that is popular on the internet. So let’s see that news. According to that news Fampay has launched Namaspay UPI app for foreign travelers in India. This app will allow travelers from Europe, Africa or Asia to make UPI payments in India. This app only charges 1650 rupees as one time registration fees along with 4% and 1% on the money bloating and withdrawal. So if you are also a Foreign traveler then you can use this application to make UPI Payments easily.
Fam app Customer care number
Now many of you want to know how we can contact thi platform in case of any issue.So lets see their contact details:
Customer Number | +918045888881 You can call at this number number on any time between 24*7 on everyday |
support@triotech.co.inYou can expect a response between 24 to 48 hours. | |
Twitter Support | @FamAppSupportDM them on this account and they will answer all your queries |
Instagram Support | Fam.indiaDM them on this account and they will answer your queries. |
Is Fampay approved by RBI?
Fanpay is a unique payment system designed in India to enhance the process of UPI payments. This application is not approved by the Reserve bank of India RBI) to provide UPI services to users. In June 2023 RBI Directed all PPI issuers to stop all UPI services in Co branding arrangements. They are just partnered with an RBI regulated entity that is PPI Issuer.
Is Fampay is real or Fake?
Many of you have a doubt whether this payment system is real or fake. This is a safe app that can also be used by teenagers because it does not require bank accounts for making the transaction. The other security feature of this is numberless cards which do not provide your data to anyone.
Conclusion
In this article I have discussed about one of the unique payment systems in India that is fampay. Their main aim is to shape the finance for the next generation so that they make payments easily. In addition to spending money they also help you to save and earn money through this platform. This app is built for all your money needs with a special focus for teenagers below 18. years. So if you also want to use a financial payment app like this where you get enhanced security and features then you can checkout this platform.
Disclaimer: The information provided here is from our own research. It is for educational purposes only. We do not promote any kind of website or platform.
FAQ’s:
Ans. This platform is in partnership with the IDFC First Bank for its prepaid card. It is
Ans. It can be used by everyone who is more than 11 years old.
Ans. In the full KYC account there will be an account limit of 1 lakh but no transaction limit.
Ans. It does take any money because It is completely free of cost for all users.