Jio Payment: Big News! Now Jio Payment will work like Paytm, received approval from RBI

Wednesday, October 30, 2024 Facebook Instagram Twitter WhatsApp Youtube Personal Finance Education Entertainment Jobs Alert Sports Hindi Technology Complaint Redressal. Fact-Checking Policy Correction policy Authors and Team DNPA Code of Ethics Onwership and Funding Cookie Policy Terms of Service Disclaimer Contact US About Us More Search Home Personal Finance Jio Payment: Big News! Now Jio Payment will work like Paytm, received..

. Personal Finance Jio Payment: Big News! Now Jio Payment will work like Paytm, received approval from RBI By Shyamu Maurya October 30, 2024 0 9 Share Facebook Twitter Pinterest WhatsApp Telegram Jio Payment: Big News! Now Jio Payment will work like Paytm, received approval from RBI Approval to Jio Payment: Mukesh Ambani’s company Jio has achieved a big success. Now Jio Payment Solutions has got approval from the Reserve Bank of India (RBI).



What is Jio Payment?: Jio Payment Solutions is a subsidiary company of Jio Financial Services (JFS). Can do this work: After getting approval from RBI, Jio Payment will now be able to start operations as an online payment aggregator. Facility like Paytm: Jio Payment will now be able to provide digital transaction facilities to merchants and customers.

This will be a service much like Paytm. Action on Paytm Bank: Jio has got this approval at a time when the giant fintech firm Paytm Bank had to face regulatory action by RBI. Jio has an opportunity: Jio Payment has a great opportunity when it can create a good userbase in the market.

Jio Payments Bank of Jio Payment is present. These services are available: Jio Payments Bank is providing many types of services. It gives a digital savings account with biometric authentication and a physical debit card.

What will the FASTag service provide: Paytm FASTag was present in the market, which had a large user base. After the RBI’s decision, it had to be closed and now the question arises whether Jio will also bring its own FASTag like Paytm. FASTag is a digital toll collection system.

It is installed on the windscreen of cars, buses and other vehicles. After this it makes automatic toll payment. Join Informal Newz Tags approval Jio Payment Share Facebook Twitter Pinterest WhatsApp Telegram Previous article Rainfall Alert: Rain warning in these states till November 2, Meteorological Department issued alert Shyamu Maurya Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry.

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