March 4th, 2008 Visited 22 times, 1 so far today
Hello Money: Barclays Bank launches mobile banking facility in India
Barclays Bank has a very small presence in the Indian market. They are now trying to expand their availability by offering mobile banking facility to their customers.
The bank said that the service would allow the customers to make banking transactions from their phone.
The service is based on the Unstructured Supplementary Service Data platform which the company claims is safer and quicker than alternative platforms.
Barclays further said that this service Hello Money would allow users to make utility and credit card bill payments. They are making it available in both Hindi and English languages.
July 27th, 2008 at 10:08 am
hey
this seems to be great..
The SMS mobile banking was too unreliable ..
But what i m wondering over is whether this can be used in Day to Day transactions .
plus the RBI guidelines that came in on 23rd July.
Plus the Security issues ,how secure would be the transaction when done over USSD