The initial rollout of Jio Pay for Jio Phone has brought the UPI-based payments experience to just over a thousand of users, reports BGR India. The website shared three images suggesting the presence of Jio Pay on a Jio Phone. The app seems to offer a list of features, namely Tap & Pay, Send Money, Recharge, and Accounts. It also could let users view their payment history.
For sending and receiving money, the Jio Pay app on Jio Phone seems to use UPI. It is also likely to leverage the built-in NFC of the phone to enable the Tap & Pay feature.
Jio reportedly reworked the UPI payment transaction system to bring Jio Pay to the Jio Phone, which runs on KaiOS. Also, the operator has Axis Bank, HDFC Bank, ICICI Bank, IndusInd, Kotak Mahindra Bank, RBL Bank, Standard Chartered, State Bank of India, and Yes Bank on board to enable seamless payments.