Jio Finance App compete paytm phonepe beta version launched offers UPI payments digital banking loan

Jio Finance App: Jio’s Jio Financial Service has been in the news for many days. On Wednesday, the company launched the beta version of Jio Finance app. The company has said that it will offer facilities like UPI, digital banking and loans on mutual funds to the people through its app. To explain in simple terms, just like you make UPI payment through Paytm, PhonePe etc., you will be able to make payment through Jio Finance app in the same way.

The most important features of Jio Finance app include the facility to open instant digital account. of jfs.in According Users will be able to open a bank account or prepaid wallet. Just like how an account was opened in Paytm till a few years ago. After creating a wallet or opening an account, bill payment can be done through the app. Money can be transferred.

This process will be completed through Jio payments bank, that is, the account will be opened there, which will be digital. Jio says that Jio Payments Bank is registered with DICGC, a division of RBI.

The most special feature of Jio Finance App is going to be UPI payment. Whichever bank you have an account with, you can connect to the UPI payment feature of Jio Finance app through the mobile number linked to it. After that you will be able to make UPI payment in the same way as you do through Paytm or PhonePe.

Jio says that all the features like digital banking, UPI transactions, bill settlement, insurance advisory have been seamlessly integrated into the Jio Finance App. It is claimed that its interface is user friendly. Although this is still a beta version. It is expected to be launched for the general public soon with the final version.