Jio Payment Solutions approved as an online payment aggregator in India, set to launch Oct 28, 2024.

Jio Payment Solutions, a subsidiary of Jio Financial Services within Reliance Group, has gained approval from the Reserve Bank of India to operate as an online payment aggregator, starting October 28, 2024. This approval allows Jio to facilitate various digital payment methods for consumers and businesses, enhancing its role in India's growing digital payments sector. Additionally, Jio Financial has formed a joint venture with BlackRock for asset management.

October 29, 2024
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