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Jio Payment Solutions Gets RBI Nod to Operate as Online Payment Aggregator
India's Jio Payment Solutions, a wholly-owned subsidiary of billionaire Mukesh Ambani-led Reliance Group firm Jio Financial Services, has received the central bank's approval to operate as an online payment aggregator, Jio Financial said on Tuesday.
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JioBharat V3 and V4 4G Feature Phones With JioPay Integration Launched in India: Price, Features
Reliance Jio launched its latest 4G feature phones dubbed JioBharat V3 and JioBharat V4 at the Indian Mobile Congress (IMC) 2024 in India on Tuesday. The 4G feature phones boast an exclusive suite of Jio services such as JioPay integration which facilitates UPI payments, live TV services, and unlimited voice calling with select recharge plans.
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JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
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JioPhone Prima 2 Feature Phone With 2.4-Inch Curved Screen, Front Camera Launched in India: Price, Specifications
JioPhone Prima 2 has been unveiled in India. It is a feature phone from Jio which succeeds the JioPhone Prima 4G that was introduced in the country in November 2023. The second generation of JioPhone Prima retains some of the key features of the older handset but comes with a couple of improvements as well. It runs KaiOS 2.5.3 with support for U...
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JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
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Jio Payments is Reportedly Testing Soundbox For Merchants, Could Launch in 2024
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.
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Vodafone Idea Ordered to Convert Dues From Government Worth Over Rs. 16,000 Crore Into Equity
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.
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COAI Seeks Reduction in Licence Fee to 1 Percent, Waiver in Customs Duty for 5G Network Equipment
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 ...
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5G Telecom Services Expected to Roll Out in India by October 12, Says Union Minister Ashwini Vaishnaw
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.
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Airtel Gets 5G Spectrum Allocation Letter Soon After Upfront Payment to DoT
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...
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Department of Telecom Said to Receive Rs. 17,876 Crore From Operators as Upfront Payment for 5G Spectrum
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.
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Bharti Airtel Defers Payment of AGR Dues Up to FY19 After DoT's Moratorium Offer
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.
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WhatsApp Said to Soon Offer Cashback Rewards to UPI Payment Service Users, Merchants in India
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.
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Jio Users Can Now Set Standing Instructions for Prepaid Recharge via UPI Auto-Debit
Jio has introduced a new payment facility for its customers that will let them set standing instructions for prepaid recharge via UPI auto-debit.
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JioPhone Next Comes Preloaded With Device Lock 'Feature' to Avoid Payment Defaults
JioPhone Next is preloaded with device lockthat will restrict your access in case you are not able to pay its EMIs.
-
Jio Payment Solutions Gets RBI Nod to Operate as Online Payment Aggregator
India's Jio Payment Solutions, a wholly-owned subsidiary of billionaire Mukesh Ambani-led Reliance Group firm Jio Financial Services, has received the central bank's approval to operate as an online payment aggregator, Jio Financial said on Tuesday.
-
JioBharat V3 and V4 4G Feature Phones With JioPay Integration Launched in India: Price, Features
Reliance Jio launched its latest 4G feature phones dubbed JioBharat V3 and JioBharat V4 at the Indian Mobile Congress (IMC) 2024 in India on Tuesday. The 4G feature phones boast an exclusive suite of Jio services such as JioPay integration which facilitates UPI payments, live TV services, and unlimited voice calling with select recharge plans.
-
JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
-
JioPhone Prima 2 Feature Phone With 2.4-Inch Curved Screen, Front Camera Launched in India: Price, Specifications
JioPhone Prima 2 has been unveiled in India. It is a feature phone from Jio which succeeds the JioPhone Prima 4G that was introduced in the country in November 2023. The second generation of JioPhone Prima retains some of the key features of the older handset but comes with a couple of improvements as well. It runs KaiOS 2.5.3 with support for U...
-
JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
-
Jio Payments is Reportedly Testing Soundbox For Merchants, Could Launch in 2024
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 Ordered to Convert Dues From Government Worth Over Rs. 16,000 Crore Into Equity
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.
-
COAI Seeks Reduction in Licence Fee to 1 Percent, Waiver in Customs Duty for 5G Network Equipment
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 ...
-
5G Telecom Services Expected to Roll Out in India by October 12, Says Union Minister Ashwini Vaishnaw
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 Gets 5G Spectrum Allocation Letter Soon After Upfront Payment to DoT
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...
-
Department of Telecom Said to Receive Rs. 17,876 Crore From Operators as Upfront Payment for 5G Spectrum
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 Defers Payment of AGR Dues Up to FY19 After DoT's Moratorium Offer
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 Said to Soon Offer Cashback Rewards to UPI Payment Service Users, Merchants in India
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.
-
Jio Users Can Now Set Standing Instructions for Prepaid Recharge via UPI Auto-Debit
Jio has introduced a new payment facility for its customers that will let them set standing instructions for prepaid recharge via UPI auto-debit.
-
JioPhone Next Comes Preloaded With Device Lock 'Feature' to Avoid Payment Defaults
JioPhone Next is preloaded with device lockthat will restrict your access in case you are not able to pay its EMIs.
