Tuesday 21 February 2017

Uber's partnership with Jio Money means more competition for Paytm

India’s largest digital wallet, Paytm, will face competition from Reliance Jio Infocomm for making payments on ride-hailing platform Uber, its largest merchant partner in the country. Uber and Reliance Jio announced the signing of a strategic partnership on Monday that would allow users of the San Francisco-based company’s services to pay for rides using Jio Money. In addition, users of Jio Money will have the option of booking a ride on Uber from within the app.

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