Again Jio Reliance gives a big surprise to everyone. You’ve probably noticed soundboxes in both small shops and large stores. When a payment is made via the QR code on these devices, they announce loudly that the payment has been received. Shop owners typically incur monthly fees for these soundboxes. However, Reliance Jio has revolutionized this process with its new service, JioSoundPay, which eliminates the need for soundboxes altogether.
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JioSoundPay
Reliance Jio has announced that the JioSoundPay service will be completely free for users, with no additional charges. Instead of introducing a new device, this service is integrated into the Jio Bharat Phone, allowing users to receive voice notifications directly through their phones. This innovation is expected to help merchants save up to Rs 1500 annually.
Benefits for millions of users
Jio asserts that the JioSoundPay feature on JioBharat devices will enable users to cut costs and eliminate the need for soundboxes. The company claims this feature will simplify operations for around five crore small merchants across the nation. This is the first truly free service of its kind in the industry, while other options typically require separate payments.
Using the existing soundbox services from companies like Paytm and PhonePe requires a one-time payment along with a monthly fee of up to Rs 125. This totals around Rs 1500 annually. In contrast, small and micro-sized merchants can enjoy JioSoundPay without any costs, as the service is completely FREE.
JioBharat Phone is here to help
Last year, the company introduced the JioBharat Phone, touted as the most affordable 4G phone in the world, priced at just Rs 699. The company asserts that merchants can recoup the cost of their new phone by utilizing the JioSoundPay service for just 6 months. This option is also beneficial for those who already own a JioBharat Phone.