Mumbai : Buoyed by Reliance Jio growing faster than Facebook and WhatsApp in the first three months of its launch, India’s richest man Mukesh Ambani announced extension of free domestic voice calls and data till March 31 on Thursday.
With over 52 million customers taking Jio’s free voice and data since its launch on September 4, he announced ‘Jio Happy New Year Offer’ of free data, voice, video and applications till March 31 for new users joining from December 4 as well as the existing ones.
However, the plan will come with a Fair Usage Policy (FUP) which will cap data for Reliance Jio customers at around 1 GB per day.A service to home delivery of Reliance Jio SIM cards was also announced.
Ambani, 59, also announced a rollout of Jio Money Merchant Solutions, a mobile payment application, for enabling digital payment for small merchants at their various points of transactions.
“Jio has become the fastest growing technology company, not only in India, but in the history of the world! In the first three months since its birth, Jio has grown faster than Facebook, WhatsApp or Skype,” he said.
Jio has crossed 50 million customers in first 83 days (user base now is over 52 million).
“Starting 4th of December, 2016, every new Jio user will get Jio’s data, voice, video and the full bouquet of Jio applications and content, absolutely free till March 31, 2017,” he said, adding that the benefit will also be extended to the existing users.
“During this period, Jio customers will also be able to test-drive Jio’s digital recharge and billing experience, especially using the JioMoney wallet,” he added.
JioMoney app will give access to a digital money wallet that is linked to the user’s bank account. “One of the key drivers for adoption of digital money and the cashless way of living is people’s ability to convert physical cash into digital cash and vice-versa,” he said, adding that JioMoney is expanding its reach to millions of touchpoints where Aadhar based micro-ATMs will be deployed.
It will enable digital transactions of all types like those made at mandis, small shops, restaurants, railway ticket counters, for bus and mass transit and even person-to-person money transfers.
Customers use their JioMoney Wallets to pay merchants from their bank accounts and merchants can use the app to accept these payments directly into their bank accounts.
“JioMoney is focused on signing up over 10 million small merchant retailers in coming weeks across 17,000 towns and 4 lakh villages,” he said. –PTI