JioMoney was established in 2018 through a joint venture between Reliance Industries and State Bank of India. Jio Payments Banks are unique to India, as they can accept deposits but cannot issue loans nor credit/debit cards. This is where Jio Money steps in by providing full online banking solutions. You can also download the JioMoney app which has become more popular among online casinos lately.
What is Jio Money?
Jio Money is a mobile-based wallet transaction similar to Paytm. You can then use it to make deposits and start playing Teen Patti or Andar Bahar. So, why use JioMoney?
- Mobile compatible
- Made in India and supports Indian Rupees
- A secure and fast method of making deposits
To utilize their services, you must first create a JioMoney account. To begin using their services, you must first register. You have unlimited access once you’ve registered. Furthermore, Jio Money’s offerings enable Indian gamblers to make secure transactions between their casino accounts.
The JioMoney app lets you make any type of financial transaction, including buying and selling cryptocurrencies. The refusal rates are extremely minimal, and transactions are fast and secure.
The JioMoney Wallet offers attractive discounts to customers. These may be in the form of discounts, cashback, or other daily deals. You may also use your JioMoney wallet to top it up using credit cards and netbanking services.
As was mentioned before, JioMoney can be used for a variety of casino and betting games. Players love it because it allows them to make deposits quickly and easily, whether they’re at home or on the go. As a result, more and more casinos are starting to accept JioMoney as a form of payment.
How Does JioMoney Work?
To register for JioMoney, you’ll need to authenticate using an OTP. So, make sure the number you’re registering with is actually in your phone. After registration, you can start using Jio Monney’s financial services as needed.
Install the JioMoney App if you use mobile payment applications. You may download it from Google Play or the App Store. The app will also give you access to Jio Money Wallet after downloading it.
- Open the app and tap JioMoney Wallet at the bottom of your screen. Then, to create a new account, go to jiomooneywalletdotcom and follow the steps.
- Enter your mobile number to link it with your bank account.
- Enter your name, date of birth, and unique password
- Agree to the T&C and submit your registration
- Verify your mobile number with OTP
- Enter an mPIN and log in to the app
Once you finish the registration process, you can access your account from anywhere at any time through these 2 configurations:
- A basic account comes with a 10,000 Rupees per month transaction limit and doesn’t require any KYC documents.
- For premium clients, an advanced account is available. At more than 1,00,000 Rupees per month, there are no limits to the number of transactions. However, documents are needed.
How to Set Up a JioMoney Account: Guide
The JioMoney wallet app is mobile-based, so you already know how it functions. It lets you perform quick cashless transactions using your phone. Casino Banking Methods is delighted to walk you through the procedure. You may use the app to your advantage and make online casino payments from India with ease.
- Download JioMoney app
- Enter required info
- Complete the registration and verify your mobile number
- Select the account configuration
- Add money to your JioMoney wallet
JioMoney Casino Deposits and Withdrawals
To make a casino deposit JioMoney, follow these steps:
- Choose a great casino that takes JioMoney deposits and create an account there.
- With a cash in your wallet, visit the cashier and make a deposit by selecting the JioMoney logo.
- Enter the amount you wish to deposit and confirm. You must open the JioMoney app and validate the transaction from within the wallet in order to complete this transaction.
When you want to withdraw winnings at JioMoney online casinos, return to the cashier and choose “Cash out.” Follow the system’s directions and you’ll have no problems with the transfer. Give your phone number along with the amount you wish to remove from your betting account and move it to your JioMoney wallet. The money will be transferred to your wallet after all of the requirements are met.
Deposit and Withdrawal Limits
The JioMoney casino you’ve chosen determines the boundaries of your transactions. Each casino has a minimum deposit amount as well as weekly and monthly withdrawal limits.
Registered members that play for real money need to adhere to these restrictions. Furthermore, the service has specific limits.
The transaction limit for a basic account is capped at ₹10,000 per calendar month with only 100 transactions total allowed per month as well. Those with an advanced account can store up to ₹100,000 on their balance each month.
Conclusion
JioMoney is a great way to manage your finances and make payments without having to carry any cash around. It’s quick, efficient, and easy to use. You can also use it for other purposes such as making online purchases, mobile recharge, and utility bill payments. What’s more, there are no transaction fees!