THEBUSINESSBYTES BUREAU

MUMBAI, SEPTEMBER 11, 2026

Jio Financial Services Ltd on Friday unveiled a suite of new-age financial and digital payment solutions spanning personal finance, cross-border transactions and contactless payments as the Global Fintech Fest 2026 concluded here.

Through its customer-facing subsidiaries and joint ventures, Jio Financial Services showcased technology-led offerings aimed at helping consumers manage their finances while enabling merchants and businesses to access faster and more seamless payment solutions.

Jio Finance Platform and Service Ltd (JFPSL) introduced JioFinance+ and JioFinance360 on the JioFinance app. Both offerings are currently available to a closed user group and are expected to be rolled out to all users in the coming days.

JioFinance+ is a membership programme offering benefits across eligible financial products available on the JioFinance marketplace. As an introductory offer, the membership will be complimentary for the first 365 days.

Under the programme, customers can receive assured cash valueback of up to Rs 5,000 on personal loans and up to Rs 1,000 on credit cards, besides an additional 1 per cent JioGold on lump-sum purchases of Rs 2,500 and above and 25 per cent extra JioPoints on eligible platform transactions.

JFPSL said JioFinance+ passes on a portion of the platform commission earned on eligible marketplace transactions to customers, thereby helping lower transaction costs for end-users.

JioFinance360, described by the company as an industry-first proposition, brings together data from multiple sources covering a customer's assets and liabilities into a single personalised financial report, which is available at no cost.

The offering combines Large Language Models (LLMs) to summarise fragmented and complex financial information with an intelligent rule-based insight engine to provide personalised and actionable recommendations aimed at improving users' financial well-being.

At the centre of JioFinance360 is a personalised Financial Health Score that evaluates a user's financial fitness across five pillars -- Spending, Borrowing, Wealth, Protection/Insurance and Tax.

On the payments front, Jio Payment Solutions Ltd (JPSL) announced the launch of its cross-border payment solutions to enable Indian exporters to accept international payments from customers across the world.

In partnership with Citi for Authorised Dealer Category-1 and export collection account services, the solutions cover around 50 per cent of India's total export footprint, including the US, UK, Europe, UAE, Singapore, Malaysia and Australia, among other markets.

Following authorisation from the Reserve Bank of India to operate as a Payment Aggregator for Cross-Border (PA-CB) transactions, JPSL said its solution offers T+2 settlement without a rolling reserve, along with Foreign Inward Remittance Advice (FIRA)/eFIRA documentation within the same working day.

JPSL also plans to introduce RuPay Tap & Pay, allowing customers to make contactless payments using NFC-enabled smartphones. The functionality is expected to become available shortly on the JioFinance app.

The solution brings together JPSL as the payment enabler, JioFinance as the customer application, RuPay as the payment network and SBI Card as the card issuer. It will initially support RuPay cards issued by SBI Card.

In another digital payments initiative, JPSL has partnered with HDFC Bank as the acquiring bank and the National Payments Corporation of India (NPCI) to roll out point-of-sale terminals supporting NFC-based contactless UPI payments.

The technology enables checkout in around two to four seconds through a few simple steps and works without QR-code scanning or an active mobile data connection. It also supports PIN-less payments below Rs 5,000 and has already been rolled out across Reliance Retail stores.

JPSL also showcased a conversational merchant onboarding journey that customises pricing packages based on a business's profile. The offering includes a built-in "Deal Negotiator" with human-in-the-loop support to facilitate customised rate negotiations.

"As we cap off a successful showcase at Global Fintech Fest 2026, our launches reflect what Jio Financial Services is all about -- building the future of finance through smart, intelligent and personalised solutions," Hitesh Sethia, Managing Director and Chief Executive Officer, Jio Financial Services Ltd, said.

"From empowering individuals to better understand and manage their finances, to enabling seamless payments and supporting businesses in an increasingly connected world, we are leveraging technology to address diverse financial needs," he said.

Sethia said the company's focus remained on enhancing the holistic financial well-being of people in India through technology.