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Reliance Jio becomes 1st Telecom to launch UPI Payments Feature

Sumit Arora Last updated on January 24th, 2020 01:11 pm

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, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.