Jio UPI: With Jio entering the UPI payment segment, PhonePe, Paytm and Google Pay will face tough competition. The company has also started the trial of Jio Soundbox.
UPI में होगी मुकेश अंबानी की एंट्री, Paytm बैन, अब गूगल-Phonepe की बारी!
Indian business giant Mukesh Ambani can start in UPI sector. In such a situation, PhonePe and Paytm may face competition. According to media reports, Jio is planning to launch a sound box.
Jio has started giving Sound Box at retail outlets. With the arrival of this box, Paytm Sound Box can now face direct competition.
Jio sound box trial started
Jio Sound Box will soon be connected to Jio Pay app. According to media reports, Jio has also started the trial of the sound box. At present no app has been launched in this segment.
Will benefit from Paytm crisis!
This new segment of Mukesh Ambani can benefit amid Paytm crisis. RBI has taken action against Paytm Payments Bank. You can easily take advantage of the ban imposed on Paytm.
Customers can get new offers
Mukesh Ambani’s company Jio had attracted customers by giving offers like free calling and free internet as soon as it entered the telecom company. Similarly, it is now being estimated that Jio can capture the UPI market by giving tremendous offers.
These companies are already in UPI sector
Currently, Phone Pay, Google Pay, Amazon Pay, Paytm and Flipkart are providing this service in UPI sector. E-commerce website Flipkart has recently started joint UPI service with Axis Bank.
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