JioMoney and Sodexo to enable digital transactions across retail sales
Reliance Jio and Sodexo, the leader in Employee Benefits announced on Thursday that the companies have entred into a partnership to foray deeper into India’s digital transformation. Jio and Sodexo will leverage complementary strengths and offerings to create an enriched digital life ecosystem for Indians.
JioMoney, the PPI wallet offered by Jio Payments Bank, has enabled integration of Sodexo Meal Cards with a user’s JioMoney account to allow mobile-based payments via Sodexo Meal Card. The partnership will enable thousands of Sodexo Merchants like grocery shops, kiranas, restaurants and cafes across the country, to accept digital payments through Sodexo.
Sodexo’s proprietary meal benefit solution, Sodexo Meal Pass can be linked to the JioMoney App for making quick payments on-the-go. It will also be an added digital transaction option for JioMoney’s rapidly growing user-base across India. Consumers will not require to carry the Sodexo’s physical card for the purchase of food and non-alcoholic beverages, but will be able to use their Sodexo through the JioMoney App.
On Friday, Reliance Industries closed at Rs. 938.85 per share, higher by 1.22 per cent on BSE.