Jio Money Merchant Solution

After launching its Happy New Year offer, the Reliance Jio Infocomm has taken a step forward with its new Jio finance sector plans. Reliance Jio is launching another mobile wallet application called Jio Money Merchant Solution application on 5th December.

Recently the company has stated that, it has crossed 50 million subscribers in just 83 days from the commencement, i.e., on 5th September 2016. An average of 6 lakh customers per day is the fastest achieved by any technology company in the world which includes many likes of Whatsapp, Facebook and Skype. The Jio Money Merchant Solution is aimed to enable digital transactions from small shops to restaurants.

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The Chairman and Managing Director of Reliance Industries Limited, Mukesh Ambani, said, “JioMoney is focused on signing up over 10 million small merchant retailers in the coming weeks across 17,000 towns and four lakh villages. With this, the JioMoney ecosystem will be a committed and willing partner for the smooth implementation of our Prime Minister’s game-changing vision of creating a digitally-enabled and strong Indian economy.”

The company has also claimed that this Jio Money Merchant Solution app is available to millions of users across the country. Through this, users can book train, bus tickets, accept payments and person to person transfer. Jio is aiming at another 10million subscribers across the country for this platform to increase the number.

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Aadhar-based micro-ATMs are also going to be launched in a bid to help facilitate the Jio Money. From December 5 onwards user can download the Jio Money Merchant Solution app for supplier payments, transfer money between his/her bank account and also use digital petty cash.

All the Reliance Jio subscribers can enjoy the Jio Welcome Offer of unlimited voice calls, SMS and data which is free upto 31st March 2017. Customers will be able to continue the journey of best network experience upto March 2017.

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