Union Bank gave impetus to USSD based mobile app

Forbes 2000-listed Union Bank of India has recently kicked off an efficient mobile application named ‘*99#’ to cater the basic banking needs of its customers. The application will be based on Unstructured Supplementary Service Data (USSD). It was placed on-board in a joint business concern with National Payments Corporation of India (NPCI).

Major Points to know

  • The mobile application can be downloaded in an android smartphone from the Google Play Store by the bank customers. It can be accessed in 10 languages.
  • The application will render basic banking facilities such as generating Mobile PIN (MPIN), ascertaining account balance management and transferring money.
  • It can be accessed even in the absence of any internet connection as it does not require any Internet data.
  • Other than these, it will furnish some Value Added Services like checking out Pradhan Mantri Jan-Dhan Yojana (PMJDY) account overdraft status and Aadhaar-linked overdraft status.

About National Payments Corporation of India

National Payments Corporation of India is an umbrella organisation spanning over entire retail payment systems in the country. The mission of NPCI is to enable citizens of India to access to e-payment services round the clock. NPCI was established in the year 2008.

It has successfully completed the development of a domestic card payment network calledRuPay, bringing down the dependency on international card schemes. RuPay cards were issued under the Pradhan Mantri Jan Dhan Yojna Scheme. RuPay card was dedicated to the nation by Pranab Mukherjee on 8th May, 2014. Another such variant of the card released by NPCI was ‘Kisan Card’ which was issued by all State-run banks.


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