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Reliance Jio, Sodexo come together for mobile wallet services

IANS  |  Mumbai 

Telecom Reliance and employee benefits provider on Thursday announced a partnership in the mobile wallet segment.

According to the telecom major, the partnership between and will enable digital transactions across of sales like grocery stores, restaurants and cafeterias.

"JioMoney, the PPI wallet offered by Payments Bank, has enabled integration of Meal Cards with a user's account to allow mobile-based payments via Sodexo Meal Card," the telecom said in a statement.

"The partnership will enable thousands of Sodexo merchants like grocery shops, kiranas, restaurants and cafes across the country, to accept digital payments via Sodexo."

As per the statement, consumers do not have to carry the Sodexo's physical card for the purchase of and non-alcoholic beverages as they can "add the Sodexo Meal Card balance to the app and start transacting on-the-go".

Commenting on the partnership, Anirban S. Mukherjee, Business Head, JioMoney, said: "Jio's partnership with Sodexo will further Jio's endeavour to deliver the benefits of evolving digital technologies to every Indian and allow them to live to the fullest.

"The integration will bring convenience and new digital transaction options for both JioMoney and Sodexo users in Going forward both brands will leverage core strengths, develop synergies and expand their reach and presence in India's growing digital ecosystem."

Stephane Michelin, CEO, Sodexo Benefits and Rewards Services India, said: "With this partnership, JioMoney's system will help segregate the and items among standalone, smaller merchants, which will further strengthen Sodexo's position as a in the country."

The statement said the solution had already been launched in

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 12 2018. 19:44 IST
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