Reliance’s Jio on Tuesday entered the UPI payment fintech market. With 370 million subscribers, Jio will be taking on other fintech apps such as Google Pay, PayTM and PhonePe.
After signing up with Jio UPI, a virtual payment address (VPA) with “yourname@jio” or “yourmobilenumber@jio” will be created for you.
A total of 10.78 billion UPI transactions were done in 2019, a 300 per cent increase over the previous year. Paytm leads in the space, followed by Google Pay.
Instant messaging app, WhatsApp, is also testing UPI payments within the app.
Stay ahead with Odisha Bytes Breaking News - your ultimate source for the fastest, most… Read More
Bhubaneswar: The Odisha Police Recruitment Board (OPRB) has postponed the upcoming examination for Group B… Read More
Bhubaneswar: The Supreme Court Collegium has recommended the appointment of Justice Harish Tandon as the… Read More
Bhubaneswar: Two senior IAS officers of Odisha cadre – Ranjana Chopra and Santosh Kumar Sarangi… Read More
Bhubaneswar: Skygazers are in for a treat as the spectacular total lunar eclipse, also known… Read More
Lucknow: An ‘active terrorist’ of Babbar Khalsa International (BKI), who allegedly has ties with Pakistan’s… Read More
This website uses cookies.
