Mukesh Ambani will compete with Paytm, PhonePe and Google Pay! Jio Pay Soundbox is coming Jio Soundbox may knock very soon. After Paytm Payment Bank, this big decision has been taken by Mukesh Ambani. That means, with its help, he is planning to make a big entry in the UPI market also.
Jio has made its mark in the Indian telecommunication market in a short time. Along with this, the company also keeps making new changes. Now Jio is planning to enter the UPI payment market with a bang. Generally you must have seen Paytm Soundbox only in shops. That is, as soon as you make payment, the shop owner is informed by voice, but now Jio is also planning to enter it.
Jio Pay App is already available in the market and now with the help of Soundbox the company is emphasizing on expanding its business. It has been said in a report that the trial of Jio Soundbox has started and very soon you can see it in shops. This means that with this Mukesh Ambani is going to directly compete with Paytm, PhonePe and Google Pay. Because it has been said in the report that with this, great offers will also be given to shop owners.
After this plan of Jio, the concerns of other companies may increase slightly. Especially at a time when a big information has come to light regarding Paytm Payment Bank. Paytm Payment Bank has been banned for now. However, this is not going to have any impact on Paytm UPI. During this time, this decision taken by Jio has surprised everyone.
However, till now only leaks have come to light regarding this. No official information has been given by Jio on this. With the help of Voice Over, every information related to this is given to the users. With its help, both the seller and the receiver get a lot of help. This device proves to be very helpful for users who are not comfortable with smartphones and apps.