Now, Uber riders can also pay with JioMoney wallet

Moneycontrol Bureau

Uber users in India now have an additional option to pay for their rides. San Francisco-based Taxi hailing app Uber on Monday announced that it has tied up with Reliance Jio to offer JioMoney wallet as an additional payment option to its users.

Uber also allows customers to pay through cards or cash.

As part of the partnership, Jio and Uber will work together to offer complementary programmes on a long term basis. JioMoney, the prepaid wallet offered by Reliance Payment Solutions Ltd, will also launch a feature wherein users will be able to request and pay for Uber rides from within the JioMoney app. India is the second largest market for Uber in the world and the company has already committed USD 3 billion investment in India.

Starting today, Uber will gradually rollout the JioMoney payment option for its users across the country. In its third quarter results, Reliance Industries had said that its telecom subsidiary Jio has garnered 72.4 million subscribers as of December 31, 2016. The base has now risen to about 100 million.

Anirban S Mukherjee, Business Head, JioMoney said, “JioMoney is an integral part of the Jio ecosystem and is fast emerging as a preferred option for digital transactions due to its ease of use, intuitive interface and growing acceptability. JioMoney’s integration with Uber will power the rapid migration of many more Uber transactions to the digital platform.”

Madhu Kannan, Chief Business Officer, India and Emerging Markets for Uber said that “We are delighted to partner with Reliance Jio. 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 the Indian users.”

JioMoney and Uber will offer exclusive incentives to every user paying for Uber rides through the wallet. The users of the wallet will enjoy the hassle free payment experience at multiple avenues along with attractive offers and coupons.

(Disclaimer: Reliance Jio is owned by Reliance Industries, who also own Network18, the publisher of Moneycontrol.com)

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