Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited has announced Jio Money merchant solution that is aimed to enable digital transactions of all types ranging from small shops to restaurants.
Users will be able to book train, bus tickets and even initiate person to person transfer with the help. Using this application, merchants can transfer money, accept payments.
The Jio Money merchant solutions will be available across millions of touchpoints in the country. The company will also launch Aadhaar-based micro-ATMs for faster transactions through Jio Money mobile wallets. The merchant app will be available to download from December 5. Mukesh Ambani said that the aim is to have at least 10 million merchants on the platform.