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Uber ties up with Reliance Jio for wallet payments

Jio Money, the mobile wallet from Reliance Jio, will now be a payment a payment option for cab rides on Uber. As a part of the agreement, Jio Money users will be able to request and pay for Uber rides from within the wallet app. Uber will gradually rollout the JioMoney payment option for its users across the country, the companies added.

As a part of the promotion, Jio Money and Uber will offer exclusive incentives to every user paying for Uber rides through the mobile wallet.

Note that Uber has a similar partnership with rival Airtel where it entered into a partnership to pay with Airtel Money for cab rides. However, at the time, Airtel said that  all of Mumbai Uber cabs will be equipped with free Airtel 4G WiFi for usage.

Apart from these, Uber also has Paytm wallet as a payment option. Note that Uber had been planning to develop its own closed loop wallet in February last year but it looks like that it hasn’t followed it through.

Uber had exclusively partnered with Paytm to enable users make use of their wallet to pay for their taxi rides. This tie-up was necessitated after Reserve Bank of India (RBI) issued a directive that online card transactions for purchases of goods and services in India had to be processed through Indian banks and payments needed to be made in Rupees in August 2014.

Other payment options on Uber include cash, credit and debit cards.

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