Jio Payments

Jio Payments is reportedly testing a new product that will mark its expansion into the merchant payments solution segment. The payment gateway and solution arm of the telecom behemoth is working on a soundbox for merchants. The Jio Soundbox will function as an audio payment verification device, similar to devices by Paytm, PhonePe, and BharatPe.

Vodafone Idea said on Friday the government had ordered the company to convert into equity all the dues owed to the government for use of airwaves including the interest related to payments for spectrum. The total amount to be converted into equity shares is Rs. 16,133 crore, the mobile carrier said.

Cellular Operators' Association of India (COAI)has urged the government for rationalisation of GST, reduce of licence fee to 1 percent from 3 percent and sought a waiver of customs duty on network equipment for the 5G rollout. During the pre-Budget discussions, the telecom operators' body also sought the removal of GST on the licence fee, spectrum ...

The 5G telecom services in India may roll out by October 12, the Union Communications, Electronics and Information Technology Minister Ashwini Vaishnaw said. Vaishnaw assured that the 5G services will cover almost every part of India in the coming two to three years.

Airtel has received spectrum allocation letter within few hours of making upfront payment to the Department of Telecom, the telecom company’s chairman Sunil Bharti Mittal said on Thursday. While all telecom operators have opted to make payments in 20 annual instalments, Bharti Airtel paid Rs 8,312 crore equivalent to four annual instalments to th...

The Department of Telecom (DoT) is said to have received an upfront payment of Rs. 17,876 crore from telecom operators and Adani Data Networks, ahead of the rollout of 5G services in the country. Operators Reliance Jio, Bharti Airtel and Vodafone Idea have paid their dues based on the bids placed at the recently concluded 5G spectrum auction.

Bharti Airtel on Thursday said it has opted to defer the payment of AGR dues up to FY 2018-19, that are not tabulated in the Supreme Court's order, by up to four years. Last week, debt-ridden telecom operator Vodafone Idea (VIL) decided to defer payment of additional AGR dues of Rs. 8,837 crore by a period of four years.

WhatsApp will within weeks roll out cashback rewards to lure more Indians to its peer-to-peer payments service and is testing similar incentives for merchant payments, two sources said, as the company seeks to compete with rivals including Google.

Telecom Reliance Jio on Wednesday said it has paid Rs 30,791 crore, including accrued interest, to the Department of Telecom to clear the entire spectrum payments liabilities that the company acquired before March 2021 auctions.

Jio has introduced a new payment facility for its customers that will let them set standing instructions for prepaid recharge via UPI auto-debit.

Reliance Jio subscribers will soon be able to recharge their phone and make payments through WhatsApp, Akash Ambani, Director and Head of Strategy at Jio Platforms, said on Wednesday.

JioPhone Next is preloaded with device lockthat will restrict your access in case you are not able to pay its EMIs.

Netflix is now rolling out support for UPI Autopay recurring payments in India. UPI Autopay will be available on Netflix.com and Netflix’s Android app. Netflix might be getting ahead of the curve here, as the Reserve Bank of India will impose new rules on recurring transactions from October 1, and the storing of card details from January 1, 2022.

Aiming to help financially stressed telecom companies, the Centre is learnt to be mulling offering a moratorium to them on spectrum payments.

Jio, Airtel, and Vi (formerly Vodafone Idea) have updated their entry-level plans to no longer offer SMS benefits. It will be a major blow to low-paying customers for whom outgoing SMS messages meant easy access to facilities like mobile number portability (MNP), as well as SMS-based access to services including unified payments interface (UPI).

Jio Payments is reportedly testing a new product that will mark its expansion into the merchant payments solution segment. The payment gateway and solution arm of the telecom behemoth is working on a soundbox for merchants. The Jio Soundbox will function as an audio payment verification device, similar to devices by Paytm, PhonePe, and BharatPe.

Vodafone Idea said on Friday the government had ordered the company to convert into equity all the dues owed to the government for use of airwaves including the interest related to payments for spectrum. The total amount to be converted into equity shares is Rs. 16,133 crore, the mobile carrier said.

Cellular Operators' Association of India (COAI)has urged the government for rationalisation of GST, reduce of licence fee to 1 percent from 3 percent and sought a waiver of customs duty on network equipment for the 5G rollout. During the pre-Budget discussions, the telecom operators' body also sought the removal of GST on the licence fee, spectrum ...

The 5G telecom services in India may roll out by October 12, the Union Communications, Electronics and Information Technology Minister Ashwini Vaishnaw said. Vaishnaw assured that the 5G services will cover almost every part of India in the coming two to three years.

Airtel has received spectrum allocation letter within few hours of making upfront payment to the Department of Telecom, the telecom company’s chairman Sunil Bharti Mittal said on Thursday. While all telecom operators have opted to make payments in 20 annual instalments, Bharti Airtel paid Rs 8,312 crore equivalent to four annual instalments to th...

The Department of Telecom (DoT) is said to have received an upfront payment of Rs. 17,876 crore from telecom operators and Adani Data Networks, ahead of the rollout of 5G services in the country. Operators Reliance Jio, Bharti Airtel and Vodafone Idea have paid their dues based on the bids placed at the recently concluded 5G spectrum auction.

Bharti Airtel on Thursday said it has opted to defer the payment of AGR dues up to FY 2018-19, that are not tabulated in the Supreme Court's order, by up to four years. Last week, debt-ridden telecom operator Vodafone Idea (VIL) decided to defer payment of additional AGR dues of Rs. 8,837 crore by a period of four years.

WhatsApp will within weeks roll out cashback rewards to lure more Indians to its peer-to-peer payments service and is testing similar incentives for merchant payments, two sources said, as the company seeks to compete with rivals including Google.

Telecom Reliance Jio on Wednesday said it has paid Rs 30,791 crore, including accrued interest, to the Department of Telecom to clear the entire spectrum payments liabilities that the company acquired before March 2021 auctions.

Jio has introduced a new payment facility for its customers that will let them set standing instructions for prepaid recharge via UPI auto-debit.

Reliance Jio subscribers will soon be able to recharge their phone and make payments through WhatsApp, Akash Ambani, Director and Head of Strategy at Jio Platforms, said on Wednesday.

JioPhone Next is preloaded with device lockthat will restrict your access in case you are not able to pay its EMIs.

Netflix is now rolling out support for UPI Autopay recurring payments in India. UPI Autopay will be available on Netflix.com and Netflix’s Android app. Netflix might be getting ahead of the curve here, as the Reserve Bank of India will impose new rules on recurring transactions from October 1, and the storing of card details from January 1, 2022.

Aiming to help financially stressed telecom companies, the Centre is learnt to be mulling offering a moratorium to them on spectrum payments.

Jio, Airtel, and Vi (formerly Vodafone Idea) have updated their entry-level plans to no longer offer SMS benefits. It will be a major blow to low-paying customers for whom outgoing SMS messages meant easy access to facilities like mobile number portability (MNP), as well as SMS-based access to services including unified payments interface (UPI).