Mukesh Ambani-owned Reliance Jio Infocomm launches digital wallet
Posted on:12 May 2016 09:40:10
Free Current Affairs to Your Email
12 May 2016 Current Affairs: Mukesh Ambani-owned Reliance Jio Infocomm has launched digital wallet service, named JioMoney Wallet, for Indian consumers. JioMoney is a semi-closed prepaid wallet that aims to enable mobile-based transactions. Using it customers can store money and use it for purchasing goods and services.
Features of JioMoney Wallet : The service will enable customers to make bill payments, mobile and DTH recharges, send/receive money and insurance premium payments, as well as for online shopping. It also allows users to send and receive money to and from family and friends. It will also enable easy transfer of JioMoney balance into the customer’s bank account. The wallet service allows consumers to use barcode scan to pay at physical stores. It also offers coupons, deals and cashback directly to customers on their mobile phone from local merchants. Customers with the help of Jio Money will be able to make payments from and for the entire Reliance ecosystem which includes Reliance Retail, Digital Express, Reliance Fresh etc.
The service was launched after the Reserve Bank of India (RBI) had given licence to Reliance Payment Solutions for its JioMoney service in November 2015.
FreshersLive - No.1 Job site in India. Here you can find latest 2018 government as well as private job recruitment notifications for different posts vacancies in India. Get top company jobs for both fresher and experienced. Job Seekers can get useful interview tips, resume services & interview Question and answer. Practice online test free which is helpful for interview preparation. Register with us to get latest employment news/rojgar samachar notifications. Also get latest free govt and other sarkari naukri job alerts daily through E-mail.