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Dial *99# for Mobile Banking with Interbank Mobile Payments Service

Dial *99# for Mobile Banking with Interbank Mobile Payments Service
Di Posting Oleh : Crew Blog
Kategori : APPS e-commerce How-to Internet

National Payment Corporation Of India (NPCI) has launched USSD  based Mobile banking services christened Interbank Mobile Banking Services (IMPS) on GSM service.Mobile subscribers can access their bank accounts through a unique USSD code *99#.The concept is to bring integrity & convenience in Mobile banking by providing it on a common platform.



How to use : The user has to dial *99# from his mobile upon which a prompt for entering 7-digit MMID ( Moble Money Identifier) will appear.The MMID can be obtained from the respective bank after registration & would be mapped to the user's mobile no.Daily transaction limit is Rs.5,000 per customer as of now.

Service availability: The service is currently available with state-run BSNL & MTNL with implementation with private telcos in progress.23 banks have been linked with this service.The service only supported in GSM network & not in CDMA.

Charges : The service is free. No charges are being levied on the customer presently.

Benefits : The system is USSD (Unstructured Supplementary Service Data) based, a unique USSD *99# has been allotted by DoT for India-wide usage, so there is no need for any application installation on the mobile & can be accessed on the most basic mobile handsets.
No use of SMS, calls or internet from your mobile.