The JioFinance app has gone international with its forayed into Paris, allowing Indian travellers to make payments at select tourist attractions, the company said on August 6.
Indians can now use JioFinance to buy tickets for the Eiffel Tower through its official website, La Tour Eiffel, and for in-store shopping at Galeries Lafayette Paris Hausmann, an iconic Parisian department store. The India House at Paris Olympics 2024, conceptualised by Reliance Foundation in partnership with the Indian Olympic Association, is also hosting an experience centre for the JioFinance app, the company said.
Visa is the official payments partner of the Paris Olympics, and in partnership with Visa, JioFinance has set up presence at the India House.
JioFInance is offering features like UPI, digital bank account, wallet services, bill payment and recharges, insurance broking and a single-window view of holding across bank accounts.
Jio Financial Services (JFS) has already launched the beta version of the JioFinance App and started leasing AirFiber devices.
Earlier this year, Jio Financial Services said it has entered into a 50:50 joint venture with US-based BlackRock for wealth management and broking services in India.
Aside of that, JFS has also launched loan against mutual funds, auto and two-wheeler digital insurance, and plans to explore loans against property and securities.
For the June quarter, Jio Financial Services clocked a net profit of Rs 312.63 crore, as against Rs 310.63 crore in the preceding three months. The company’s total income for the quarter ended June 30 was Rs 417.82 crore, compared to Rs 414.13 crore a year earlier and Rs 418.18 crore for the quarter ended March 31, the company had said on July 15.
The first Annual General Meeting (AGM) of the company after listing is scheduled to be held on Friday, August 30 at 2.00pm, the company had informed exchanges on August 5.
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