JioMoney Offers Digital Payment Solutions to Cash-Strapped Indians

In an attempt to tackle the issue of currency demonetization in India, Mukesh Ambani  led Reliance Jio is introducing lucrative offers in its digital wallet application called JioMoney. Jio, which functions as an all-encompassing digital ecosystem, offers telecom services, 4G LTE-enabled smart phones, personal hotspot devices, and an exhaustive range of applications.

The digital arm of parent company, Reliance Industries Limited (RIL), Reliance Jio launched its commercial services on the 5th of September, 2016 on an all-India scale. Its services are offered across 22 telecom circles, helping the operator provide the 4G experience to 18,000 cities as well as 200,000 rural locations in India.

The surge in the popularity of e-wallet applications and services, JioMoney’s in-app associations with leading brands and neighborhood stores as well as its discount and cash back offers has helped it stand apart from the rest.


A digital payment offering by Mukesh Ambani led Reliance Jio, this application is available for download on Windows Store, Google Play, and the App Store. The application allows individuals to make bill payments, carry out online recharges, donate to charity, transfer and receive money, pay at numerous allied shops, and avail of the various discount coupons.

Features of JioMoney

The application allows users to maintain an easy record of their repeat purchases. This will help customers to streamline their repeat orders since they will get saved on the application. Users can also bookmark their most preferred or most visited merchants and retailers, which will thereby allow them to access offerings instantly and more conveniently.

The personalized offers feature on the app allows individuals to enjoy discounts and schemes that are curated for them based on their favorite brands and local stores. The e-wallet application also does away with the need to maintain a record of bills in a file. Users can access their history and records anytime they wish to in a hassle-free manner at the click of a button.

Types of JioMoney accounts

There are two types of JioMoney accounts; Basic and Advanced. The Basic Account lets individuals carry out transactions worth Rs. 10,000 each month. For this account, no documents need to be submitted.

On the other hand, Advanced Account users can conduct transactions amounting to Rs. 100,000 using the reserve stored in their JioMoney account. However, there is no cap on the total amount that can be spent monthly by Advanced Account users.

In-app offers and discounts

The application is not only easy to navigate but also provides users with offers and schemes introduced by the merchants directly. Since the company has tie-ups with many major brands spanning varied industries and categories, users can enjoy discounts on products like travel bookings, bags, shoes, food, and skincare services, among other things. Furthermore, the app’s swipe feature lets users visit their local Reliance store and swipe their Jio e-wallet to receive change in hand.

The 10% flat cash back offer that is currently available on payments made using this application allows individuals to get instant 10% cash back, which is not capped at any limit. Alternatively, users can also store the points earned using this application and opt for this cash back offer at a later stage. This loading points feature is applicable for purchases made at Reliance Fresh and Reliance Smart stores in India.


JioMoney, an e-wallet offering by Reliance Jio, is introducing offers aimed at benefitting cash-strapped individuals in India.


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