look news india
Jio has made its mark in the Indian telecom market in a very short time. Along with this, the company is also making new changes. Now Jio is planning to make a big entry in the UPI payment market. Usually you would have seen Paytm Soundbox in shops only. That is, as soon as you make payment, the shop owner is informed through voice, but now Jio is also planning to enter it.
Jio Pay app is already available in the market and now the company is focusing on expanding its business with the help of Soundbox. A report says that testing of Jio Soundbox has started and soon you will see it in stores. This means that Mukesh Ambani will have direct competition with Paytm, PhonePe and Google Cell. Because it has been said in the report that along with this, big offers will also be given to the shop owners.
After this plan of Jio, the concerns of other companies may increase a bit. Especially at a time when a big information has come to light regarding Paytm Payment Bank. Paytm Payment Bank is currently banned. However, this will not affect Paytm UPI. Meanwhile, everyone has been surprised by this decision taken by Jio.
Jio's new plan
Till now information about this has come out only on social media. Jio has not given any official information about this. Every information related to this is given to the users with the help of voice over. With its help, both sellers and users get a lot of help. This device proves to be very useful for those users who are not comfortable with smartphones and apps.
jiopay sound box coming soon
The company is working on a Sound Box payment system for its Jio Pay app. Mukesh Ambani-led Reliance Industries is testing its own sound box with employees in some of its brick-and-mortar stores, TechCrunch reports. This test is being conducted at the internal premises of Reliance. That means it is not yet available to remote traders. Like other sound boxes, when a customer makes a payment with the help of Jio Pay, this box notifies through voice and tells the amount of money in the account.
Sound Box Payment System is beneficial for shopkeepers. When the shop is very busy and they do not have time to check the customer's mobile or payment status. With its help, information about fake payment or wrong payment is immediately available.
Paytm added this service
To make its sound box special in the market, Paytm has also started adding music facility to it. This means shoppers can listen to their favorite songs even when they are not at work.