What are the perks of using FamPay? ๐Ÿ˜

Product Feb 1, 2021

Hi, I am Ritwick, I am a Growth intern at FamPay. I am involved in talking to the customers and understanding their pain points and giving their feedback to the product and marketing teams. So far, I have spoken to 500+ teenagers!

In most of these calls, I have come across one common question -

What is special about FamPay? Or what are the perks of using FamPay?

This is an interesting question because as customers, all of us evaluate various apps based on user experience, simplicity and most importantly security. While I wonโ€™t make the case for you to choose FamPay, I will just lay out the facts on the perks you get by using FamPay! ๐Ÿ˜€

Payments for under 18 ๐Ÿ’ฒ

When I was a teen, I came across these situations:

  1. I forgot to carry cash and had to borrow some from my friend for an urgent purchase
  2. My parents were super busy when I had to request money from them.
  3. I never seem to remember where my money is being spent.

Even though digital payments have evolved with UPI and Cards, teens these days (you!) have pretty much the same problems. Especially given COVID, its gets even more necessary to go as contactless as possible to keep ourselves safe!

FamPay is solving all of this by offering you access to digital payments. You can now send money, save money, and spend money online/offline!

Say goodbye to cash! ๐Ÿ’ธ

With FamPay, you get access to your Card, in just 2 mins without the need of a bank account. The Card you can use for payments, matches your vibe and style and you can get it personalized too! You can transfer money instantly and track your expenses on their fingertips!

FamPay is the go-to-place / one-stop-shop for all your payments needs. Unlike other apps that are catered to all, we are specially designed for teenagers. We give special attention to the kind of brands we partner with, so that they are the ones you shop from!

Earn while you spend! ๐Ÿค‘

With exciting reward schemes and discount and cashback offers on your favourite brands, FamPay gives more than you expected. You can also get brownie points a.k.a. FamCoins for any and every activity you do on the app which can be redeemed when you shop the next time!

100% secure ๐Ÿฆบ

Everything about us makes us safe, from numberless cards, to the ability to block/pause it on the app, from the range of partners we have (IDFC First Bank) to facilitating device-lock protected transactions, from ensuring KYC verification to end-to-end secured systems. Check out how we are making sure your payments experience is safe and secure:

What makes FamPay secure?
Read this blog to know why and how FamPay is the most safe and secure neo-bank for teens!

Beyond payments ๐Ÿ

Financial Independence ๐Ÿคฉ

It's not just about paying digitally. Having the independence of making payments by yourself, also gets you to start learning and exploring more about payments.

You start to see if you can save your pocket money, or budgeting your expenses in such a way that you can save up enough for the guitar you always wanted to buy!

FamPay helps you with all that. With FamPay, you can save on the app, and also track your expenses, so you never have to worry about remembering where you are spending. ย 

Savings for teens ๐Ÿ’ฐ๐Ÿ˜Ž- Its never too early to start!
This blog tells you the What? Why? How? of savings for teens and also introduces the fun way of saving for teenagers - FamPayโ€™s Save the streak savings challenge! ๐Ÿ’ฐ๐Ÿ˜Ž๐Ÿ˜ƒ๐Ÿ’ธ๐Ÿ’ต

Financial Literacy ๐Ÿ‘ฉโ€๐ŸŽ“๐Ÿ‘จโ€๐ŸŽ“

Apart from just helping you save and track money, we also help you understand the Doโ€™s and Donโ€™ts of Payments or why some of your payments get stuck and what should you do in such situations. We understand that this is your first step towards digital payments and we want to be as helpful as possible.

FamPayโ€™s guide to digital payments for teens: Important Dos โœ… and Donโ€™ts โ›”
FamPayโ€™s guide to digital payments for teens: Important Dos โœ… and Donโ€™ts โ›”

Community of Like-minded teens ๐Ÿซ

Most other popular payments apps do not focus on just teens, they focus on the overall segment of users. But FamPay is specially made for teenagers, first of its kind in India. ย In order to give you an amazing experience, we have created a community of teens, where you can participate, learn, earn and grow!

Along with workshops, programs and events tailor made for you, we also provide activities and information that you will find interesting. In our app, we have launched โ€˜Clubโ€™ for teens like you, where you can get all updates on our community, attend masterclasses from reputed experts, play exciting quizzes/games and also get information about other teen ventures!

Club: FamPayโ€™s in-app exclusive community!
Kaavyya, growth intern at FamPay, talks about how FamPay is building, Club - an online in-app community for GenZs!

Supporting you always! ๐Ÿค—

Payments or beyond payments, we understand you may have queries or feedback for us! We are always there to hear you out. On the app, you can always chat with us or reach out to support@fampay.in and we will get back with a response to help you. In case you have specific questions on FamCard, here's Shifa's take on FamCard FAQs!

Curious about FamCard?๐Ÿ’ณ Hereโ€™s everything to know: FAQs by teens on FamCard
Curious about FamCard?๐Ÿ’ณ Hereโ€™s everything to know: FAQs by teens on FamCard

These are some of the perks of using FamPay! Got any more questions for me? Happy to take them on ritwick@fampay.in

Meanwhile, here are some candid feedback from some of the calls that made my day! -

โ€œFamPay community and FamPay club is much fun and popular among Teens for regularly conducting events and quiz with excited prizes and goodies. And more over, it is absolutely free.โ€
โ€œ I am neither a parent of a teen, nor a teen, but I also want FamCard. How can I get one?โ€
โ€œHow do I get my bank to give me a numberless card?โ€
โ€œFamPay app's interface is well designed and very organized in comparison to other similar apps.โ€
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