What is a Jim credit card?

Asked by: Dr. Roselyn Cremin PhD  |  Last update: June 6, 2026
Score: 4.2/5 (19 votes)

JIM (jim.com) is a financial technology app that turns an iPhone into a contactless terminal to accept credit/debit card payments via Tap to Pay. It features a flat 1.99% fee per transaction, no extra hardware, and provides instant payouts to a connected JIM Visa® Prepaid card.

What is a Jim card?

The JIM.com Visa Prepaid Card (the "JIM" Card) is issued by Lead Bank pursuant to licensing by Visa® U.S.A. Inc. and is available to commercial entities in select industries. Fees and eligibility requirements apply. See Terms and Cardholder Agreement for more details.

How much does Jim charge per transaction?

JIM is a mobile payments app that turns your NFC-enabled phone into a Tap-to-Pay card reader. Merchants can accept contactless debit/credit cards and digital wallets with no extra hardware, pay a flat 1.99% per transaction, and receive instant payouts to a JIM account.

Is Jim free to use?

Discover how to take payments seamlessly on your mobile with JIM's free app and flat 1.99% fee. Easy, fast, and convenient!

How to use Jim card?

1️⃣ Download the JIM app. 2️⃣ Register in a few steps. 3️⃣ Enter the sale amount (+ tip if you want) 4️⃣ Tap the customer's card to your phone.

Take card payments on your phone and get paid in seconds with JIM

42 related questions found

What is Jim used for?

JIM has powerful dashboard where you can access all key business data and statistics at one glance. JIM stands for 'Job Information Management'.

Is Jim Instant pay legit?

I love it, it's legit. You can take card payments as long as they have tap to pay on it and other phones work as well. There are a few gripes like no settings for the app, pretty bare bones. I don't like how I am not able to offer refunds directly from the app, or even if there is a way to do so at all.

What percentage does Jim take?

Does not take a percentage from the revenue.

Why did Google charge me $2?

When adding your card Google will preauthorise a small amount (usually $2) however this amount should not appear on your statement when it is issued.

What card has the highest transaction fees?

American Express is the most expensive payment network while Mastercard has the lowest rates, especially for transactions of $1,000 and over.

Is there a downside to using Google Pay?

Google Pay Issues and Cons

While it's generally safe and secure, there are some Google Pay cons worth noting: Limited Buyer Protection: As mentioned, Google Pay doesn't have its own buyer protection policy. If an issue arises with a purchase, you'll need to rely on buyer protection from your card issuer.

How to apply for Jim?

They must have a bachelor's degree with 50% aggregate marks and a valid score in any one of the following exams, like CAT 2025/XAT 2025/CMAT/MAT/GMAT. Candidates must pay the JIM MBA application fee of Rs. 1000 to access phase 3 of the Jaipuria Institute of Management application form.

What is Jim payment?

With JIM, you can sell and get paid in seconds. Start accepting contactless debit and credit cards or digital wallets right on your phone. No extra hardware needed. Sell fast. Access your money instantly.

What is the best payment method to not get scammed?

Here are some of the most secure payment methods available online:

  1. Credit cards. Using your credit card to make a purchase is especially straightforward: All you have to do is enter your information at checkout. ...
  2. PayPal. ...
  3. Digital wallets. ...
  4. Venmo. ...
  5. Virtual Credit Cards.

What banks are under InstaPay?

  • TOTAL. U/KBs. TBs. RBs. DBs. EMI-NBFI. Sender/Receiver. Sender Only. ...
  • Universal and Commercial Banks (U/KBs) Thrift Banks (TBs)
  • SENDER/RECEIVER. SENDER/RECEIVER. Asia United Bank Corporation. AllBank (A Thrift Bank), Inc. Bank of China (Hong Kong) Limited-Manila Branch. BDO Network Bank, Inc. Bank of Commerce.

What is Jim short for?

Jimmy is a masculine given name. It is often used as a diminutive form of the given name James, along with its short form, Jim.

Does Jim accept credit cards?

With Jim, you're covered. You can accept contactless payments, credit cards, debit cards, and digital wallets from major brands like Visa, Mastercard, Apple Pay, Google Pay, Samsung Pay, Discover Amex, JCB, and Diners Club. Everything happens right on your phone.

What is the full meaning of Jim?

Hebrew. Meaning. "He may/will/shall follow/heed/seize by the heel/watch/guard/protect”, "Supplanter/Assailant", "May God protect" or "May he protect" Other names. Related names.

What is the 2/3/4 rule for credit cards?

The 2/3/4 rule is a guideline, primarily used by Bank of America, that limits how many new credit cards you can get: no more than 2 in 30 days, 3 in 12 months, and 4 in 24 months, helping to prevent over-application and manage hard inquiries on your credit report. While not universal, it's a useful benchmark for responsible card application, though other banks have different rules (like Chase's 5/24 rule).