Reliance Chairman Mukesh Ambani announced that Reliance Jio will be deploying Aadhar card based micro-ATMs that would make withdrawing cash easier for people.
Jio will tie up with merchants to install the Micro ATM machines, which will be integrated with Jio Money.
“Our Prime Minister has given the strongest possible push to the growth of a digitally enabled, optimal cash economy in India,” Ambani said in a live YouTube feed.
“This decision is an important step in his ongoing efforts to change the mindset of the people of India. Digitally-enabling transactions will help to create a fair, just, transparent and strong India and Indian economy.”
“Customers use their JioMoney Wallets to pay merchants from their bank accounts, and merchants can use the JIOMONEY Merchant App to accept these payments directly into their bank accounts,” Ambani said.
“Using the JioMoney Merchant App, merchants can also make supplier payments,transfer money between his bank account and use digital petty cash.”
Reliance Jio also announced today that it is extending its free data offer until March 2017 in a new package, called ‘Happy new year offer’.