Jio Payments Bank Limited

Company

Last mentioned: Mar 19, 2026

Timeline

  1. Network Expansion

    Expected increase in merchant onboarding to support higher withdrawal volumes.

  2. Nationwide Rollout

    Official announcement of the service availability across RNFI's Business Correspondent network in India.

  3. Nationwide Rollout

    Official announcement of the service availability across India via the Relipay platform.

  4. Nationwide Rollout

    Official launch of the service across RNFI's entire merchant network in India.

  5. Nationwide Rollout

    RNFI and Jio Payments Bank officially announce the scale-up of the service across India.

  6. Pilot Phase Completion

    Successful testing of UPI QR cash withdrawal within select RNFI merchant networks.

  7. Pilot Phase

    RNFI and Jio Payments Bank conduct successful testing of QR-based withdrawals.

  8. Expected Scale

    Anticipated surge in transaction volumes as rural adoption of QR cash-out increases.

  9. Pilot Phase

    RNFI and Jio Payments Bank conduct initial testing of QR-based cash withdrawals.

  10. Pilot Phase

    RNFI and Jio Payments Bank test QR-based cash withdrawals in select regions.

Stories mentioning Jio Payments Bank Limited 4

banking Bullish

RNFI and Jio Payments Bank Launch Nationwide UPI QR Cash Withdrawals

RNFI Services Limited has partnered with Jio Payments Bank to launch a nationwide cardless cash withdrawal service via UPI QR codes. The initiative leverages RNFI's Relipay platform and merchant network to provide seamless cash access in rural and semi-urban markets without the need for physical ATM cards.

3 sources
payments Bullish

RNFI and Jio Payments Bank Launch Nationwide UPI QR Cash Withdrawals

RNFI Services has partnered with Jio Payments Bank to roll out a nationwide cardless cash withdrawal service via UPI QR codes. The initiative enables customers to withdraw cash at retail outlets within RNFI's merchant network, bypassing the need for traditional ATMs or physical cards.

3 sources