Latest GK GS

Updated By: LatestGKGS Desk

PM Narendra Modi's Mobile Banking solutions USSD UPI Swipe card

 

 

Prime Minister Narendra Modi promotes mobile banking through USSD, UPI Aadhar enabled Payment System

To do transactions with UPI system firstly register the mobile number at the bank or the ATM.

UPI system enables the users to do mobile banking by just sending a message or download the mobile app of the respective banks where the accounts are.

UPI, USSD Aadhar enabled Payment system, easy and quick

After downloading the UPI mobile app, the person needs to make a unique ID and set the respective UPI PIN.

The UPI set up is done now the user can transact easily with mobile phones.

The accountholder or the user can also be a part of digital banking by just swiping the debit or credit card and putting the PIN and the transaction is done.

Aadhar enabled payment system helps to do transactions by just linking the aadhar card with the bank accounts.

The transactions like fund transfer, Balance enquiry, Cash deposit or withdrawal and Inter-bank transactions can be done.


 

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