NEW DELHI: State-owned Bharat Sanchar Nigam Ltd (BSNL) has decided to waive charges on short code messages used for availing banking services on feature phones till January 31, 2017.
“To give impetus to the demonetisation drive by Government of India and to facilitate masses to do cashless financial transactions even with feature phone, BSNL has decided to waive the tariff of National Unified USSD platform till 31st January, 2017,” the telecom PSU said in a statement.
BSNL had signed an agreement with National Payment Corporation of India (NPCI) for provision of USSD-based Mobile Banking service, it said.
Essentially, the short code messages are used by consumers to avail banking services like checking balance, withdrawals, deposits and peer-to-peer-transfer.
The free usage of this facility and feature will boost Government objective to move toward a less-cash society, R K Mittal – Director(Consumer Mobility) of BSNL said, adding this will enable use of electronic banking facility and reduce difficulty for the common man. (AGENCIES)
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