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  2. Make payments faster than cash at your neighborhood store. Use JioMoney to make smart, simple and secure digital payments on the go. Free yourself from the limitations of cash with the best in-class digital payment service.

  3. Open a Jio Payments Bank account and enjoy convenient banking services on your phone or at nearby outlets. Recharge, pay bills, transfer money and more.

  4. Jio Payments Bank Limited is an Indian payments bank, it started operating in 2018 and is currently a subsidiary of Jio Financial Services, which was initially owned by Reliance Industries but was listed separately on stock exchanges in 2023.

  5. JioMoney is a safe and secure way to make digital payments across physical and online channels. You can make instant bill payments, do mobile/DTH recharges, pay at thousands of online & physical stores, and much more. You can also link your cards and bank accounts with JioMoney.

  6. Jio Payments Bank offers an attractive interest rate of 3.5% per annum, payable quarterly per annum on its savings accounts, which is higher than most other payments banks in the country.

  7. Jio Money is a new, safe and secure way of making or receiving payments digitally; With JioMoney, one can digitally send money to family and friends, recharge mobile or DTH, pay various bills, make instant cashless transactions at various shops, online websites and much more

  8. India currently has 6 Payment Banks namely, Airtel Payment Bank, India Post Payment Bank, Fino, Paytm Payment Bank, NSDL Payment Bank and Jio Payment Bank. Features of Payment Banks They are differentiated and not universal banks.