Reliance Jio Rolls Out UPI Autopay, Partners NPCI

Reliance Jio Rolls Out UPI Autopay, Partners NPCI

Question : when was Reliance Jio Launched in India ?
a) 2007
b) 2009
c) 2006
d) 2014
Ans : a
Related Facts :

  • Telecom major Reliance Jio has become the first telecom company to launch UPI autopay facility for both prepaid and postpaid subscribers.
  • Jio on Thursday (January 20,2022) tied up with the National Payments Corporation of India (NPCI) and become the first telecom firm to roll out this service in India.
  • Jio users can now recharge or pay bills by setting standing instructions on the MyJio App using autopay feature.
  • This new feature of Jio has made it the first player in the telecom industry to go live with the unique e-mandate feature that was launched by the NPCI.
  • History of Reliance Jio :
  • Reliance Jio Infocomm Limited, doing business as Jio, is an Indian telecommunications company and a subsidiary of Jio Platforms, headquartered in Mumbai, Maharashtra, India.
  • It does not offer 2G or 3G service, and instead uses only voice over LTE to provide voice service on its 4G network.
  • The company was registered in Ambawadi, Ahmedabad, Gujarat on 15 February 2007 as Infotel Broadband Services Limited (IBSL)

By Pawan Mishra

Links :
https://news.abplive.com/business/personal-finance/reliance-jio-rolls-out-upi-autopay-partners-npci-1504625
https://telecom.economictimes.indiatimes.com/news/reliance-jio-rolls-out-upi-autopay-in-association-with-npci-report/88734223