F1Soft enters ride-sharing platform with “JumJum”: Find its top features

Digital wallet service provider eSewa’s parent company F1Soft Group has launched the JumJum ride-sharing app in its beta phase with a full launch planned for soon. The entry of the fintech giant into a new industry will diversify its business scope while enriching its public accessibility.

The platform called JumJum has been soft launched for over a month now and serving in main spots in Kathmandu. The company F1Soft has procured the required technology for the service from Sri Lanka and will be completely owned and operated as a Nepali entity.

Read next: eSewa launches eSpeaker, an audio device that confirms QR payment with a voice

Features of JumJum app

JumJum ride-sharing app comes with some appealing features to draw the drivers and riders on board. F1Soft has provisioned life insurance claims of up to Rs 5 lakh and riders can claim a bonus after a certain range of trips has been completed. Here are some of the major features of the JumJum ride-sharing platform:

• Insurance: The JumJum ride-sharing app offers up to Rs 50,000 for health insurance and up to Rs 5 lakh in life insurance. F1Soft Group has reached an agreement with Neco Insurance for the facility. Insurance is activated after a trip is accepted. The company says that with insurance provisions, riders, and drivers can get on with the service with peace of mind.
• Bonus and tips for drivers: One appealing feature that the JumJum ride-sharing app lets riders offer drivers tips for the drivers. The JumJum app has a Tips feature using which they can offer their desired amount in tips for a satisfactory commute. The company says that it won’t claim any commission on tips the drivers receive. Additionally, drivers will also be entitled to a bonus after completing a certain range of trips.
• Rewards: The Jum Jum app users get rewards that can be used to receive benefits. The company will launch fascinating schemes and offers when the service launches officially.
• Multiple ride-booking: The JumJum app offers value differentiation in providing the not-so-common multiple ride-booking feature. The feature lets users book more rides at the same time enabling them to also book a ride for their family and friends. Besides, the app allows users to book both one-way and return trips.

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The JumJum app launching soon

Currently, the JumJum app has been beta launched in Kathmandu and serving in some parts. The company will expand the service soon in more cities while there’s also a plan to go abroad.

JumJum app download links

The JumJum app is available on both Android and Apple iOS platforms. Check out the download link below and get the app.

JumJum app: Android | iOS

After launch, the eSewa ride-sharing service will give a hard time to Pathao, InDrive, and others

eSewa’s plan for a ride-sharing service might prove challenging for industry leaders such as Pathao, InDrive, etc. Nepal is already crowded with many ride-sharing apps, and a prominent company such as eSewa venturing into the market could further intensify the competition. Particularly given the fact that eSewa has about 8 million users, presumably the users will have easier access to its ride-sharing platform. As digital wallet service faces a crunch, this might be the company’s idea to create a synergistic approach to keep customers intact. Check out: The Ride-Sharing Service “eDrive Nepal” Launched with OTP Verification, Free to Register

Pathao has a Chhito Paisa digital wallet app which it uses for commission payment and there is a plan to heavily market it in the next few months. While InDrive has a controversial status mainly due to being unregistered, it’s an elite ride-sharing platform and could be bemused by eSewa’s diversification plans. In Nepal, ride-sharing apps provide ride-sharing as well as parcel, courier, and other services.

F1Soft International, the parent company of eSewa, hasn’t concretely revealed the plans and timeline for its ride-sharing service. However, close officials maintain that the company is closer to launching an eSewa ride-sharing app. eSewa is also working on issuing its IPO very soon.