Unified Payments Interface, popularly known as UPI has transformed the Indian digital payment industry in a very short span of time. Slowly but eventually companies are implementing UPI in their payment apps and India’s leading name in Telecom market Jio has finally announced its Jio UPI for all the users across India.
Along with facilitating ease in transferring money and making online payments, Jio UPI has some unique features including Single Touch Jio Recharges, Personalized UPI handle, Quick and Easy Bill payments to make the life of online users better than ever. Jio UPI users will also get some great offers while making online payments.
Having its own UPI payment solution will help MyJio App to become the one-stop solution for all digital transactions among all Jio customers nationwide giving another reason to non-Jio users to switch their network.
With the huge increase in demand of online platforms due to lockdown, this move by Jio clearly shows the company will continue to be the pioneer of Indian Digital space.
Adding to this, Intel Capital, the Investment arm of Intel Corporation has today announced to invest ₹1,894.50 crores in Jio Platforms. This deal with Intel Capital is the 12th such investment in the past 11 weeks.