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Following Demonetisation, The Telecom Regulatory Authority of India (TRAI) has reduced tariff for the use of USSD (Unstructured Supplementary Service Data) for USSD-based mobile banking and payment services from Rs 1.50 to Rs. 50 to promote digital transactions through the USSD channel. “Together, these amendments will facilitate the banks, their agents or any entity authorized by … Continue reading "TRAI reduces transaction cost for USSD-based mobile banking and payment services from Rs. 1.50 to 50 paise"

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