Jio has announced a new feature for its JioBharat device called JioSoundPay, aimed at helping 5 crore small-scale merchants across India. This feature provides instant, multilingual audio confirmations for UPI payments, making business operations smoother for small vendors like kirana stores and roadside eateries. Previously, merchants paid Rs 125 monthly for a sound box, but JioSoundPay is now free, saving users Rs 1,500 annually.
The JioBharat phone, launched over a year ago, is the world's most affordable 4G phone, priced at Rs 699. Merchants can recover the phone's cost in just six months with the savings from JioSoundPay.
To mark 75 years of India's Republic, Jio offers modern renditions of Vande Mataram on JioSoundPay. Users can set these as their JioTune via the MyJio app or JioSaavn. Sunil Dutt, President of Jio, emphasized the company's commitment to empowering Indians and building a Digital India.
Jio is a popular telecommunications company in India, known for providing mobile network services and internet to millions of people.
JioSoundPay is a new feature introduced by Jio that gives audio confirmations for payments made through UPI, helping small shop owners know when they receive money.
JioBharat phone is a mobile phone offered by Jio, priced at Rs 699, designed to be affordable and useful for small business owners in India.
5 crore is a way to say 50 million, which is a large number of small merchants in India who will benefit from JioSoundPay.
UPI stands for Unified Payments Interface, a system in India that allows people to transfer money easily using their mobile phones.
A sound box is a device that gives audio alerts for payments, which merchants used to pay Rs 125 monthly for, but now JioSoundPay offers this service for free.
Vande Mataram is a patriotic song in India, and Jio is offering new versions of it on JioSoundPay to celebrate India's Republic.
Digital India is a campaign by the Indian government to improve online infrastructure and increase internet connectivity across the country.
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