Billionaire Mukesh Ambani’s Jio to come up with UPI based payment app in India

Reliance Industries’ Jio is coming up with a UPI based payment app in India.

According to reports, business tycoon Reliance Jio has now set its eyes on its own payments app, the company has been testing the feature internally for over a year now, before rolling out to a thousand Jio Phone users on August 15.

A BGR India report highlighted that, the UPI-enabled Jio Pay comes with features like the Tap and Pay, Send Money via UPI, Jio Recharge. Users can also add various bank accounts to make seamless transactions.

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It was earlier reported that Jio was working with the National Payments Corporation of India (NPCI) to bring UPI to its 388 million 4G subscribers.