SBI informed that by using USSD services, customers can now easily transact without any additional charges.
What did SBI say?
SBI has tweeted and said, “SMS charges on mobile fund transfer now waived! Customers can now easily transact without any additional charges.” It further added that customers can avail the services at no extra cost, including sending money, request money, account balance, mini statement and UPI PIN. change is included.
What is USSD?
USSD or Unstructured Supplementary Service Data is commonly used to check talk time balance or account information and for mobile banking transactions.
This service works on feature phones. Customers with feature phones will benefit from this decision. Let us tell you that out of more than 1 billion mobile phone users in the country, more than 65% are feature phone customers.