TRAI scraps charge on USSD messages for mobile banking, payment services
USSD is a mobile short code that enables financial and banking transactions even on feature phones.
Source: businesstoday.in
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Telecom operators ask TRAI to reduce service data message tariffs as against keeping them free for users
TRAI had earlier released a proposal suggesting rationalisation of USSD messages from 50 paise to zero rupees for all mobile customers to encourage digital payments in the country.
Source: businesstoday.in
TRAI Wants Free USSD Messages for All Users to Encourage Digital Payments
TRAI is seeking to make Unstructured Supplementary Service Data (USSD) messages free for all mobile customers in the country, seeking to bring the charges down from 50 paise down to zero. The regulatory authority stated that the intent of making USSD messages free was to encourage digital payments in the country.
Source: ndtv.com