TRAI scraps charges on USSD-based mobile banking services

The Telecom Regulatory Authority of India (TRAI) has scrapped rates for USSD-based mobile banking and payment services in order to promote digital financial inclusivity. For such services, mobile operators charged 2G subscribers 0.50 paisa per session. Continue reading “TRAI scraps charges on USSD-based mobile banking services”

TRAI proposes zero charges on USSD messages for mobile banking and payment services

Telecom Regulatory Authority of India (TRAI) has proposed to remove charges on USSD-based mobile banking and payment services. USSD a.k.a ‘Unstructured Supplementary Service Data,’ referred to as Quick codes act as a platform for mobile phone and computer software of a service provider companies for sending and receiving text messages. Continue reading “TRAI proposes zero charges on USSD messages for mobile banking and payment services”