Pencilton launches RuPay card with Free Airport lounge for teens in partnership with Transcorp

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Finance Ninja
abhishek012

Pencilton launches RuPay NCMC card with Free Airport lounge access for teens in partnership with Transcorp:

Pencilton’s PencilCard is also a Platinum RuPay card, and therefore, it comes with some additional benefits like free access to lounges at all airports in India.

https://cdn0.desidime.com/attachments/photos/737181/medium/8228863pencilton_founders-team.jpg?1643114518

(Pic: Team Pencilton)
The physical card is priced at an affordable Rs 199. As part of the launch promotion, users can get their PencilCard for just Rs.99.

Pencilton, a teen-focused fintech company, has launched PencilCard, a debit card with NCMC for teens. PencilCard is an NCMC-compliant (National Common Mobility Card) RuPay debit card specially designed for the teenager segment. It has been launched in partnership with Transcorp.


According to a statement for users, a single PencilCard will serve multiple needs as this debit card which works for online & offline payments just like any other debit card also doubles up as a metro card, and bus card – an all-in-one card. The debit card can already work as a metro card for travel in Delhi (Airport line) & as a bus card in Goa (across KTC buses). It is also scheduled to be accepted for metro travel in Pune, Chennai & Mumbai as well as in BEST buses (Mumbai) very soon.


The statement adds that this contactless prepaid debit cards can be used for payments across various channels, including retail shopping offline, online shopping, travel and in the future – tolls and parking, among others. It comes with the capability to store seasonal tickets & monthly passes, using which Mumbai local authorities are planning to let season ticket holders top up the ticket via the card and purchase tickets.


Pencilton’s PencilCard is also a Platinum RuPay card, and therefore, it comes with some additional benefits like free access to lounges at all airports in India.


Google Play Store App link - https://play.google.com/store/apps/details?id=c...


Apple IOS Store App link - https://apps.apple.com/us/app/pencilton/id1496....

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Finance Mentor Finance Mentor
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@abhishek012 So, does this RuPlat work for aPay deal? Anyone tried? What is the bin number?

Finance Ninja Finance Ninja
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No

Finance Mentor Finance Mentor
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Wonder why not as rupay platinum debit card is mentioned above. Also wonder about fyp card… 🤔

What is the technical reason?

Finance Ninja Finance Ninja
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Pencilton is RuPay Platinum Prepaid Card.

Finance Mentor Finance Mentor
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I read about this on web press releases as well as quoting from first post above, quite contradictory. I understand these are prepaid cards and the apps target is also geared towards that.

Pencilton’s PencilCard is also a Platinum RuPay card, and therefore, it comes with some additional benefits like free access to lounges at all airports in India.
According to a statement for users, a single PencilCard will serve multiple needs as this debit card which works for online & offline payments
So, no newage fintech apps give RuPlat debit?
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