Reliance Jio pilots NFC and QR payments in India

Indian telecommunications giant Reliance Jio has begun piloting Jio Pay, a new UPI-enabled payments service which includes support for both NFC and QR mobile payments. Jio Pay supports all the features of the National Payment Corporation of India’s united payments interface (UPI) real-time payment system, including transfer service Pay Through VPA (Virtual Payment Address) and QR-based scan and pay transactions, BGR India reports.