A news has surfaced revealing a shocking fact about the JioMoney app. The app which the company was very vigorously promoting for payment services has been found to have a bug which exposes personal data of users including Aadhaar number, date of birth and even their JioMoney MPIN. Given the recent unrest in the country and general concern regarding data security and privacy, Reliance Jio seems to be in a... Read More
Mobile payment app 'Jio Money' from Reliance Jio will now include a 'Jio Payments' menu, by which one can easily top up/recharge or pay for his Jio subscriptions. The new 'Jio Payments' menu is divided into sections to make Jio transactions easier and one can choose from the menu (VoLTE , Fiber , Wi-Fi , Mi-Fi , Digital contents) and then put his subscriber id or Jio id number to... Read More
It is just recently that major operators like Airtel, Vodafone and Idea got payment bank licences from RBI and along with them an operator which is yet to launch commercial services, Reliance Jio got the payment bank license as well. But the questions that arise at this point are 'what is the significance of these mobile payment portals and wallets?' 'What segment of e-commerce was left uncovered by netbanking and... Read More
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