Reliance Jio and Uber have announced a strategic partnership under which Uber drivers in India will accept JioMoney as a payment option.
JioMoney is a PPI (prepaid payment instruments) wallet offered by Reliance Payment Solutions. Under the agreement, Uber will gradually rollout the JioMoney payment option for its users across the country. In near future, JioMoney users will be able to request and pay for Uber rides from within the JioMoney app – a feature that’s currently unavailable with other payment apps in India.
JioMoney and Uber will also offer exclusive incentives to every user paying for Uber rides through JioMoney.
Anirban S Mukherjee, business head of JioMoney said that the partnership will give a major boost to cash-free payments in India and provide mobility options to millions of Jio users.
“Jio aims to bring the benefits of evolving digital technologies to every Indian through an entire ecosystem that will allow Indians to live Digital Life to the fullest,” Mukherjee said, adding that JioMoney is “fast emerging as a preferred option for digital transactions”.
Madhu Kannan, Uber’s chief business officer for India and Emerging Markets, said, “Digital payments have become part of our everyday lives, and by integrating JioMoney as a payment option, our riders will have the ability to use a familiar and consistent payment experience.”