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Reliance Jio Becomes First Telco to Launch UPI Payments

Professor of Financial Economics and Part-time Value Investor, Transfin.
Jan 20, 2020 1:01 PM 1 min read

Reliance Jio becomes first telecom operator to launch UPI payments.



Amazon to rollout new electric-powered delivery rickshaws in India.

Amazon Green: Amazon CEO Jeff Bezos, in a Twitter video today, announced that the company will soon be rolling out electric delivery rickshaws in India. 


In the tweet, Bezos wrote that these rickshaws will be fully electric, have zero carbon emissions and will be used to make order deliveries. NDTV


Reliance Jio launches UPI Payments -  becomes first telco to do so.

We'll Do It All...Everything: Telecom operator Reliance Jio has rolled out a UPI payments facility for its select users, the first telecom player to do so. This feature is available within the MyJio app, and can be obtained through an update. The facility is expected to launch widely by the end of 2020. 


Does Jio's entry into the payments space smell trouble for the likes of Paytm, Google Pay and PhonePe? Yourstory


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