A Digital Wallet Launched by Mukesh Ambani’s Jio Infocomm

Today we are here to inform you about the newly launched JioMoney wallet in India. A digital wallet launched by Mukesh Ambani’s Jio Infocomm is now available for its consumers.

A Digital Wallet Launched by Mukesh Ambani’s Jio Infocomm

Purpose of digital wallet launched by Mukesh Ambani’s Jio Infocomm:

The new digital wallet launched by Mukesh Ambani’s Jio Infocomm is made to provide a number of facilities to the consumers. It will be provided for the people of India only. It will provide services in the field of transactions. Consumers will be allowed to make payments through different credit and debit cards, or they can use a Jio Money service. This service is affiliated with the largest banking system of the state. Although the company has not confirmed whether they got the license or not. But then again, this new service will use the state bank for dealing the payment procedures. It can be used for mobile recharges, payments of bills as well as for the payments of insurance.

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Features of digital wallet launched by Mukesh Ambani’s Jio Infocomm:

The digital wallet launched by Mukesh Ambani’s Jio Infocomm is also known as JioMoney wallet. It has amazing features. JioMoney has already contracted with more than 50, 000 users. These are online users. In addition to that, JioMoney will also serve the offline users in India.

If we look at the services provided by digital wallet launched by Mukesh Ambani’s Jio Infocomm. We can see a number of international companies involved in it. The company claims that they will introduce transaction services for many other online ecommerce platforms. In this matter, they included the names of Amazon, flipkart, snap deal and other international online market places.

They have made a remarkable progress in a very short period of time. This digital wallet launched by Mukesh Ambani’s Jio Infocomm is available on Google Play store. IOS users are also served by JioMoney. As, they can also get it from their Apple App store. Mukesh Ambani’s Jio money is progressing very fast. This is because of the reason that JioMoney comes on the second rank to offer live chatting in messenger.

It is said that this newly growing wallet service will serve to the 350-crore rupees market of India. This service was tested for few months with common users. This is because they wanted to improve their performance.

Conclusion:

As we know that Mukesh Ambani is considered as India’s wealthiest man. Now, he has made remarkable contributions in the field of information technology. Now a days, digital wallet launched by Mukesh Ambani’s Jio Infocomm is under discussion. According to the news, it has signed up a large group of people.

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Article Author Details

Bill Schroder

Bill Schroder is a Beirut-based correspondent for The World Beast. He has reported from over a dozen countries in the Middle East for such publications. Follow: Tweets by @SchroderBill