Sunday, 13 October 2013
Indian central bank sets up mobile banking committee
Posted on 16:15 by Unknown
"The Reserve Bank of India has set up a Technical Committee on Mobile Banking to examine the feasibility of introducing encrypted SMS-based funds transfers across all mobile handsets. The Committee will conduct an in-depth study of the challenges faced by banks in taking mobile banking forward and the hurdles to introducing an Unstructured Supplementary Service Data (USSD) channel for person-to-person payments." Continue Reading
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