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Reliance Jio next sensational entry - PoS and Financial services

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Posted on : 12/Jan/2019 18:07:06



 
 
 
Reliance Jio, owned by Mukesh Ambani, made a mega-successful entry into the field of the telecom services industry, overwhelmingly dominating the field and side-lining the other stiff competitors like Airtel!

Reliance Jio is now all set to enter the domain of financial transaction! It will enter the financial transactions with PoS (Point of Sales) services.
 
Reliable information sources shared in this regard that most of the multi-items trading commercial centres and the retail shops use the above hand-held device PoS to facilitate cashless financial transactions.

With PoS hand-held device, the customers can pay by debit/credit cards. The trader has to pay the relevant service charges for these transactions to the customers bank.