Reliance Jio Infocomm Ltd (‘Jio’) and Uber on Monday announced that they have entered a strategic partnership aimed at bringing the benefits of the 'Jio Digital Life ecosystem' to their users. As part of the partnership, Jio and Uber will work together and explore various opportunities to enhance the experience of their users through complementary programmes.
JioMoney, the Prepaid Payment Instruments (PPI) wallet offered by Reliance Payment Solutions Ltd, and Uber announced an agreement that will enable Uber riders to pay for their rides using JioMoney. Similarly, JioMoney users will soon be able to request and pay for Uber rides from within the JioMoney app. Uber and Jio believe that this partnership will give a major boost to cash-free payments in India and provide mobility options to millions of Jio users. Starting today, Uber will gradually roll out the JioMoney payment option for its users across the country. Anirban S. Mukherjee, Business Head, JioMoney, believes that JioMoney’s integration with Uber will power the rapid migration of many more Uber transactions to the digital platform.
Uber India confirmed the news with a tweet-
Madhu Kannan, Chief Business Officer, India and Emerging Markets for Uber, said,
Digital payments have become part of our everyday lives, and by integrating JioMoney as a payment option, our riders will have the ability to use a familiar and consistent payment experience. Through this strategic partnership, we are looking to fast forward to digital solutions at scale for Indian users.
JioMoney and Uber also noted that they will offer exclusive incentives, in the form of offers and coupons available through the JioMoney app, to users paying for Uber rides through JioMoney.
In November 2014, Uber had partnered with Paytm as an alternative to its only other payment option then - credit cards. Fast forward to 2017, and now Uber accepts credit cards, Paytm, cash and latest entrant Jio Money.
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