The most prominent features of Jio Finance App are included, the facility of opening instant digital account. According to JFS.in, users, bank accounts or prepaid wallets will be able to open. Just like, until a few years ago, the account was opened in Paytm. After making a wallet or opening an account, the app will be able to get a bill payment. Money can be transferred.
This process will be completed by Jio Bills Bank i.e. the account will open there, which will be digital. Jio says that the division of Jio Payments Bank, RBI is registered with DICGC.
UPI payment is going to be the most special feature of Jio Finance App. Whichever bank is your account, you can be connected to the UPI payment feature of Jio Finance App through a connection mobile number. After that you will be able to pay UPI in the same way as Paytm or PhonePe.
Jio says that Jio Finance App has easily integrated all the features like Digital Banking, UPI Transactions, Bill Settlement, Insurance Advisory. It is claimed that its interface is user friendly. However, this is currently a beta version. It is expected to be launched for the common people soon with the final version.