upi123pay rbi
MrNams Published on Aug 10, 2017

#MrNams #RBIGovernor #ShaktikantaDas #UPI123Pay Launch Of UPI123Pay & 24*7 Helpline For Digital Payments - DigiSaathi - By RBI Governor Subscribe: https://goo.gl/mqbdai Facebook: https://www.facebook.com/MrNamsOfficial Twitter: https://twitter.com/MrNams Hello friends, Hope you all doing well! In this video, I shall try to show, How to use USSD Based Mobile Banking for All Banks More information from site http://www.npci.org.in 1) What is *99#? *99# is a USSD (Unstructured Supplementary Service Data) based mobile banking service from NPCI that brings together diverse ecosystem partners such as Banks & TSPs (Telecom Service Providers). Using *99# service, a customer can access financial services by dialling *99# from his/her mobile registered with the bank. The service works across all GSM service providers and handsets. 2) What is USSD? Unstructured Supplementary Service Data (USSD) is a technology unique to GSM (Global System for Mobile Communications) handsets. It is a capability built into the GSM standard to support transmitting information over the signalling channels of the GSM network. USSD provides session based communication, enabling a variety of applications. USSD technology, which was primarily used in the field of telecommunication, is going to make a significant impact in the field of banking services. 3) What are the key features of *99# service? -Works without Internet – Uses voice connectivity -Accessible through a common code *99# across all TSPs -No additional charges while roaming for using the service -Works across all GSM service providers and mobile handsets -Round the clock availability to customers (works even on holidays) -No need to install any application on mobile handset to use the service -Additional channel for banking services and key catalyst for financial inclusion 4) What are the various services available under *99#? *99# service can be used by the customers for the following purposes: a) Financial b) Non-Financial c) Value Added Services (VAS) Currently, following Financial, Non-financial and Value Added Services (VAS) are offered through *99# service. -Generate OTP - User can generate One Time Password (OTP) which can be used for different transactions as a second factor of authentication. *MMID - Mobile Money Identifier is a 7 digits code allotted by the bank when user registers for mobile banking. Value Added Services: • Kindly refer FAQs for *99*99# service 5) Features of *99# Service -Works without Internet – Uses voice connectivity -Round the clock availability (works even on holidays) -Accessible through a common code *99# across all TSPs -Works across all GSM service providers and mobile handsets -Additional channel for banking and key catalyst for financial inclusion -Service also offered through BC Micro ATMs to serve the rural populace THANKS FOR WATCHING. If you enjoyed video, please do like, share and comment. Please SUBSCRIBE to follow new Uploads https://goo.gl/mqbdai WARNING: Always be safe, everything you do is at YOUR OWN RISK! I shall not be liable for any injuries, loss or damages claimed to be caused by watching the contents either. #mrnamsofficial #instagram #reels #instagood #craft
Comments ( 3)
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