According to news reports, Jio has been testing the feature internally for over a year, before rolling out to a thousand Jio Phone users on August 15.
A BGR India report highlighted that the UPI-enabled Jio Pay has features like the Tap and Pay, Send Money via UPI, Jio Recharge. Users can also add multiple bank accounts to make seamless transactions.
It was earlier reported that Jio was working with the National Payments Corporation of India (NPCI) to bring UPI to its 388 million 4G subscribers.
Jio has on-boarded Axis, ICICI, HDFC, Standard Chartered, IndusInd, SBI, Kotak, YesBank, RBL Bank, according to the report. It is also been said that both Credit and Debit cards (Mastercard and VISA) of these banks can be tokenized and used for payment.