Jio Money is digital wallet Jio Money’s core product and the end to end systems that support it are operational. “To begin with, jio have launched the product within a few Reliance campuses and facilities. jio expect to expand the Jio Money presence city by city, across the country in phases over the next few quarters,”
Customers can use Jio Money’s digital wallet, a Jio Money card or any other credit/debit card directly from the wallet to pay merchant seamlessly and instantly. Jio Money digital wallet will also give consumers the option of opening a Digital Bank Account or linking their existing account.
Note Reliance Industries and State Bank of India have formed a joint venture and applied for a payments bank licence. RIL will be the promoter and SBI will be the joint venture partner with an equity investment of up to 30%.
JioMoney : Smart App, Smart Features
Faster repeat purchases
Keep a record of all your frequent transactions, so repeat payments are just click and go!
Bookmark your merchants
Bookmark your frequently visited merchants, so you can access them instantly.
Receive personalized offers
Get great offers, discounts and schemes from top brands and also your neighbourhood stores.
Access your transaction history in a flash. No need to preserve bills or remember old transactions.
JioMoney Frequently Ask Question
How to register for JioMoney?
Any customer with a valid mobile number, registered with any telecom service provider can sign-up with JioMoney. You can download "JioMoney Wallet" from Google Play and iOS App Store and install the app. Start the app to see the registration page and follow the simple steps to create your account. Is my money safe if I lose my phone? Even if you lose your phone, your money is 100% safe. Nobody can access your JioMoney account, since only you can do so through your password and 4-digit mPIN. JioMoney locks your account for your own safety after 3 consecutive incorrect mPIN attempts. If you suspect unauthorized activity in your account, you can also suspend your JioMoney account and block payments by calling our customer service at 1800-891-9999 (toll-free) or write to firstname.lastname@example.org. What are the different types of accounts offered? JioMoney offers two types of accounts:
Basic Account: Transaction limit is capped at INR 10,000 per calendar month. No documents are required for 'Basic Account'.
Advanced Account: Premium customers can keep up to INR 100,000 stored in their JioMoney account for any calendar month, however you can do unlimited transactions above INR 100,000 for that calendar month. You can easily convert your ’Basic’ account to ‘Premium’ by uploading your self-attested Voter ID card or Aadhar card from your JioMoney app itself.
Are there any charges/fees for using JioMoney?
There are no charges for using JioMoney.
How can I load money to my JioMoney account?
You can load money to your JioMoney account through NetBanking, credit card or debit card.
How can I link bank accounts/cards?
You can link your bank account or credit/debit cards by logging into the JioMoney app and clicking "Add card/Bank account" under the Manage Accounts section.
Does the money loaded into JioMoney have an expiry period?
No, there is no expiry period for the money in your JioMoney account for now.