Reliance Jio Infocomm, an Indian mobile network operator owned by Reliance Industries, has forayed into the point of sale (PoS) business.

The company has already introduced its PoS services is six cities on a pilot basis, The Economic Times has reported.

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The move forms the core part of Reliance Jio’ plans to build an ecosystem and network with small merchants.

The PoS services, according to the publication, have been launched Mumbai, Bangalore, Hyderabad, Chennai, Pune and Kolkata.

In order to expand digital services in India, two of Reliance’s products – My Jio app and Jio PoS terminal – are being provided in the local stores.

The retail provision stores and merchants will have to deposit INR3,000 ($43.10) to get the PoS device.

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The merchant discount rate (MDR) for all the credit and debit transactions up to INR2,000 ($28.73) would be zero. MDR is a fee charged from a merchant by a bank for accepting payments from customers through credit and debit cards in their establishments.

The newly launched PoS accepts Reliance’s own wallet Jio Money and National Payments Corporation of India’s BHIM.

The device, which features QR Code scanner, will soon be quipped to accept payments from other wallets.

The Economic Times report added that Reliance Jio has partnered with FMCG brand Hindustan Unilever (HUL) to onboard merchants.

“HUL distribution persons will be incentivised for every merchant lead,” the publication quoted an undisclosed source as saying.

Reliance Jio is said to have 300 million subscribers in its telecom network.