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Reliance Jio becomes 1st Telecom to launch UPI Payments Feature

Sumit Arora Last updated on April 17th, 2023 10:21 am

Reliance Jio becomes the 1st telecom operator to facilitate UPI payments feature through its platform. It has launched the feature on the MyJio app rather than its wallet app, JioMoney. This Reliance Jio will now compete with other private UPI payment providers such as Paytm, Google Pay and PhonePe. The users cannot use their existing UPI ids to avail this service. Instead, they will have to create a new JIO UPI Id.

Important takeaways for all competitive exams:

Reliance Industries Ltd Founder: Dhirubhai Hirachand Ambani.
Reliance Industries Ltd Chief Executive Officer(CEO): Mukesh Dhirubhai Ambani.
Reliance Industries Ltd Headquarters: Mumbai, Maharashtra.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.