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Mukesh Ambani's Jio Soundbox is all set to give tough competition to Sharma's Paytm

IndianStartupNews

IndianStartupNews · 8m

Mukesh Ambani's Jio Soundbox is all set to give tough competition to Sharma's Paytm

Mukesh Ambani's Jio is entering the UPI payment market with the introduction of Jio Soundbox. It will compete against Paytm, Google Pay, and PhonePe. The Jio Soundbox utilizes existing Jio Pay app and is currently in its trial phase. This move comes at a time when competitors such as Paytm are facing setbacks. Jio plans to offer incentives to shop owners to promote the adoption of Jio Soundbox. This initiative is part of Jio's strategy to diversify and dominate the digital payment ecosystem in India.

15

Comments

Shubham Agarwal

Shubham Agarwal

Sharma Ji badhai ho aaj Ambanis apse compete kar rhe hain!! Great work done.

Reply

3

8 months ago

V chem

What a consequences/ coincidence, Right before launching or Paytm facing compliance issues all of sudden from government, It clearly appears that govt is clearing the path way for jio to enter & capture the market, I'm not taking side of either, but it looks so biased.

2 Replies

4

8 months ago

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