Sign up for The Paypers newsletter Follow The Paypers on LinkedIn Follow The Paypers on Twitter Follow The Paypers on Facebook Follow The Paypers on Google +
The Paypers, paypers, Insight in payments, News, Reports, Events
 advertisement
E-invoicing, SCF & E-procurement

Reliance Jio, SBI team up for digital banking service

Friday 10 August 2018 | 09:45 AM CET

Reliance Jio has teamed up with SBI to provide a platform offering digital banking, commerce, and financial services to customers via the Yono app.

Reliance Jio and State Bank of India already have a 70:30 joint venture, the Jio Payments Bank. With regard to the current tie up, services would be provided through Yono (you only need one), a digital banking app launched by the SBI.

Yono’s digital banking features and solutions will be enabled through the MyJio app for customers, Reliance Jio said in a press statement, adding that Jio Prime will offer exclusive deals from Reliance Retail, Jio, partner brands, and merchants.

State Bank of India, on the other hand, said it will be engaging Jio as one of its preferred partners for designing and providing network and connectivity solutions.

More: Link
 advertisement
 advertisement
 advertisement
 advertisement