Paris 2024 Olympics Welcomes Reliance’s Jio Finance Super App
With the countdown having begun in Paris to host sports lovers from across the world for the 2024 Olympics, Jio Financial Services Ltd. announced the official launch of the Jio Finance app in Paris as a strategic initiative to help smoothen the digital transactions for Indian travelers.
Jio Finance will help complete international payments for such activities and purchases in Paris. This includes buying tickets to the Eiffel Tower online on its official website—La Tour Eiffel—for in-store shopping at one of Paris’ most famous department stores, Galeries Lafayette Paris Hausmann. With this, Indian tourists will be able to enjoy their time in Paris without worrying about currency exchange or carrying bundles of cash.
Visitors can also get to experience the Jio Finance app for the first time at the specially built experience centre within ‘India House’. Conceived by Reliance Foundation in collaboration with the Indian Olympic Association, India House is a dynamic celebration of India’s rich heritage and legacy. Physically located just a few minutes from the athletes’ village in Paris, it is an inviting space for Indian athletes and visitors. In this setting, culturally most comfortable for them, JioFinance app users can engage with and learn more about the features and benefits that the app offers.
Jio Finance App Features
Recently, Jio Financial Services Limited, a subsidiary of Reliance Industries Limited, announced the beta launch of the Jio Finance app. Touted as “a cutting-edge platform that is going to disrupt the current state of everyday finances and digital banking,” the app has integrated an array of services, including UPI transactions, digital banking, and loans against mutual funds.
Given the stiff competition from players like Google and Amazon, and in future probably Adani Group expansion in this segment, Jio Finance banks on its unique features and user-friendly design to create a niche for itself.
It has in-app instant digital account opening and bank management through the Jio payments bank account feature for easy and fast setting up and management of all their banking activities in one place. Jio Financial Services will increase its loan solutions, first with loans on mutual funds. This happens with future plans to expand such to home loans. This goes in line with the company’s vision of simplification in financial services to users of all demographics.
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