INTRO: Reliance Jio has reportedly started rolling out its UPI-based payments platform to select JioPhone users. That’s according to BGR, which claims that the service was in internal testing for more than a year before making its public debut. The rollout reportedly started August 15th, although, the corporate is yet to officially announce anything on this matter. The report claims that the initial rollout is restricted to only around a ousand users with no word on when it’d be unrolled to a wider user-base.
Interestingly, it’s only available on the first JioPhone for now, so it’s not immediately clear on when it’ll roll bent JioPhone 2. Meanwhile, the blog also published three images that claim to point out the new feature in action. The images, as you’ll see below, are low-resolution and it’s difficult to determine anything from them. Of course, the JioPhone devices don’t have the screenshot function, which might are an enormous help during this case.
According to the report, Jio buys JioPhone uses ‘Tap and Pay’ contactless payment through NFC at NFC-enabled POS (point-of-sale) machines. Launch partners include Axis Bank, ICICI Bank, HDFC Bank, Standard Chartered, IndusInd, SBI, Kotak, YesBank, and RBL Bank. This means, you can use both Credit and Debit cards (Mastercard and VISA) from these banks for payment.
It is worth noting that earlier reports suggested that Jio was in talks with the National Payments Corporation of India to bring its UPI payments service to its affordable 4G feature phones. However, this is often the primary time we’re seeing concrete action on this front. It will be interesting to ascertain if Jio rolls out its UPI payments service to more platforms within the coming days.