Reliance Jio and Uber announce strategic partnership

Mumbai: Digital services company Reliance Jio Infocomm Ltd and ridesharing app Uber have announced a strategic partnership aimed at bringing the benefits of Jio Digital Life ecosystem to their users.

JioMoney, the PPI wallet offered by Reliance Payment Solutions Ltd, and Uber announced an agreement that will enable Uber riders to pay for their rides using JioMoney and thereby enhance the digital transaction ecosystem in India. Similarly, JioMoney users will soon be able to request and pay for Uber rides from within the JioMoney app. The partnership will give a major boost to cash-free payments in India and provide mobility options to Jio users.

Starting today, Uber will gradually rollout the JioMoney payment option for its users across the country. This integration provides a hassle-free payment experience to Uber riders and will be an added avenue for digital transactions for JioMoney's rapidly growing user-base across India.

Anirban S Mukherjee, business head, JioMoney said that "Jio aims to bring the benefits of evolving digital technologies to every Indian through an entire ecosystem that will allow Indians to live Digital Life to the fullest. 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 to unlock synergies across two of the largest user bases in India. 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."

To celebrate the association, JioMoney and Uber will offer exclusive incentives to every user paying for Uber rides through JioMoney.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.