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Now India's Biggest Corporate House Reliance Launches a Wallet: JioMoney

After it was reported last year that that Reliance Industries was going to launch its digital wallet, the Mukesh Ambani-owned company has finally rolled out the Reliance JioMoney Wallet despite a lot of delays. JioMoney is a semi-closed prepaid wallet that aims to enable cashless mobile-based transactions for purchasing goods and services at various outlets including both online shopping platforms and offline stores. This is another addition to the already crowded space with little or no differentiation.

After four months o ...

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