 "Jio, WhatsApp signal a deeper embrace in online retail and digital payments")
JioMart will roll out a conversational e-commerce on WhatsApp which will allow users to order essentials like grocery and snacks both on demand and via subscriptions next year, Reliance Jio executives Isha Ambani and Akash Ambani said at Meta’s (formerly Facebook) Fuel for India 2021 event on Wednesday.
The feature to order directly from JioMart has currently been piloted for a section of WhatsApp users only as it is in its trial mode. Users will be able to order on the go or even avail subscription of daily needs from JioMart through WhatsApp.
“We currently have over half a million retailers on JioMart. We intend to build out native features with WhatsApp that will not only help users shop seamlessly, but also help merchants increase their margins, stock assortment and get closer to a larger customer base,” said Akash Ambani, director and head of strategy at Reliance Jio Platforms.
The Reliance Jio executives also unveiled the prototype of a feature which will allow Jio users to recharge their prepaid Jio services through the messaging platform’s UPI service.
Pilot for payments
WhatsApp also announced a pilot program of adopting 500 villages across Karnataka and Maharashtra aiming to familiarise villagers with access to digital payments through its payments service.
Abhijit Bose, Head of India, WhatsApp, said, “At WhatsApp we are committed to help accelerate financial inclusion in the country. We have started this pilot program in 500 villages across Karnataka and Maharashtra as part of our mission to onboard the next 500 million to the digital payments ecosystem. We believe that WhatsApp’s ease of use and reliability can promote the adoption of UPI with users across, including those at the bottom of the pyramid.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%