Currently, Jio’s UPI payments facility is available for select users but will soon be available to others as well.
Also, WhatsApp has been in talks before Jio to launch its payments service. However, the Facebook-owned instant messenger hasn’t received a final nod from NPCI due to uncertainty over data localization and other regulatory hurdles.
RJio has already has a wallet service under JioMoney, and will be the first among telecom operators and second among payments banks to have enabled UPI payments service.
Jio has integrated the UPI option in its main app MyJio, which also accommodates popular apps like JioCinema, JioCloud and JioTV. We have verified the UPI payments facility provided by Jio and it works similar to other players in this space.
A user will get virtual payment address (VPA) with UPI handle @Jio after the successful sign-up process. It requires entering mobile number and debit card number attached with the bank account number for generating a UPI PIN.