Uber has strategically partnered with Reliance Jio Infocomm to enable its ridesharing app with Jio Money access. The new development comes months after the US-based taxi company integrated cash-less payment systems through Airtel Money and Paytm.
“Digital payments have become part of our everyday lives, and by integrating Jio Money as a payment option our riders will have the ability to use a familiar and consistent payment experience,” said Madhu Kannan, chief business officer for India and emerging markets, Uber. “Through this strategic partnership, we are looking to fast forward to digital solutions at scale for the Indian users.”
The Uber app across all compatible mobile platforms will gradually receive the Jio Money payment option. Likewise, the Jio Money app will receive an update to let users seamlessly book Uber cabs.
“Jio Money 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. Jio Money’s integration with Uber will power the rapid migration of many more Uber transactions to the digital platform,” said Anirban S Mukherjee, business head, Jio Money.
Reliance Jio Infocomm and Uber will jointly work and explore various opportunities to uplift the digital life experience using complementary programmes. Both the companies will run exclusive initiatives to persuade Uber riders to pay for their rides through Jio Money.
Ultimately, all this would enhance competition in the mobile wallet market in the country and make Jio Money a strong competitor against Airtel Money and Paytm.