Business

RCom launches platform for mobile banking services

PNS

Reliance Communications has said it has launched a new mobile service using which customers can access banking services across 29 nationalised banks in the country.

"Users can dial *99# short code on their handset, which will allow all customers to access banking service across 29 nationalised banks with a single number, irrespective of the mobile handset, make or region," it said in a statement.

The country's fourth largest telecom operator said its USSD (Unstructured Supplementary Service Data) platform-based mobile banking services will enable transactions for its customers, it added.

"RCom has integrated NPCI (National Payment Corporation of India) gateways with the charging systems and USSD gateways located in Mumbai. NPCI will manage the banking menu and call flow with respective banks," it said.

The firm has also successfully completed the testing of the service at Dhirubhai Ambani Knowledge City, Navi Mumbai, on various types of GSM handsets.