UBI launched USSD based *99# Mobile Application for basic banking needs

Aug 16, 2016 14:00 IST

The Union Bank of India (UBI) on 12 August 2016 launched an Unstructured Supplementary Service Data (USSD) based *99# Mobile Application for their customers for basic banking needs.

It was launched in partnership with National Payments Corporation of India (NPCI), the umbrella organisation for all retail payments system in the country.

Highlights of the *99# mobile application

• It can be downloaded in an android smartphone from the Google Play Store by the bank customers.
• It can be used even without any internet connection as it does not require any data and is available in 10 languages.
• It provides basic banking facilities like checking account balance, sending money, Mobile PIN (MPIN) management.
• Besides, it provides value added services like checking Aadhaar linked overdraft status and PMJDY account overdraft status.

About Unstructured Supplementary Service Data (USSD)
• USSD is a GSM based technology used to send text between a mobile phone and an application program in the network.
• It is a protocol used by GSM cellular telephones to communicate with the service provider’s computers.
• Unlike Short Message Service (SMS) messages, USSD messages create a real-time connection during a USSD session. So they are more responsive than services that use SMS.
• It can be used for prepaid callback service, WAP browsing, mobile-money services, location-based content services, menu-based information services etc.

Now get latest Current Affairs on mobile, Download # 1  Current Affairs App

Is this article important for exams ? Yes2 People Agreed

DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

Latest Videos

Register to get FREE updates

    All Fields Mandatory
  • (Ex:9123456789)
  • Please Select Your Interest
  • Please specify

  • ajax-loader
  • A verifcation code has been sent to
    your mobile number

    Please enter the verification code below

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK