Payment Banks is ‘doorstep banking’ loaded with futuristic amenities...
08 Mar 2017 Published by Rahul Verma 387 Views

The concept of ‘Payments Bank’ initiated by Reserve Bank of India (RBI) to cast away traditional banking is reality and reaching to customer through interactive and feasible mobile phones services. The Payment Banks can accept transfers through mobile phones and services like automatic payments, purchases will pave way for the step of ‘cashless transaction’. The step was taken to ease pressure on tradition banking structure and after demonatisation its role is becoming crucial...

Reliance Jio Infocomm launches JioMoney Wallet...
11 May 2016 Published by Rahul Verma 857 Views

Mukesh Ambani-led telecom company Reliance Jio Infocomm has floated in its digital wallet service, JioMoney Wallet, for consumers on Android and iOS. The wallet service has been made live for the public after four months of testing within group.The wallet service will empower customers with hassle free bill payments, mobile recharges and insurance premium payments and online transaction, also allows users to send and receive money.According to report published in Economic Times, the company has..


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