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प्रश्न
Choose the appropriate alternative.
Which of these digital payment mechanisms does not require an internet connection?
पर्याय
USSD
UPI
e-wallets
IMPS 24X7
MCQ
उत्तर
USSD
Explanation:
The innovative payment service *99# works on the Unstructured Supplementary Service Data (USSD) channel. This service allows mobile banking transactions using basic feature mobile phone, there is no need to have a mobile internet data facility for using USSD based mobile banking. It is envisioned to provide financial deepening and inclusion of underbanked society in the mainstream banking services.
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Economic Current Affair (Entrance Exam)
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