Onway Association
Let's Take a Step forward

By: Onway Association | June 05, 2017

Most of the people are not aware that you can do bank transactions in your phone without the help of Internet. That means you don’t need an android phone. A simple Java phone with a mobile number that you had registered it in your Bank. You can send the money to others’ Bank Accounts if you know their Bank A/c No. , IFSC Code or VPA or Mobile No. or Aadhar Number. Moreover you can check the balance of your bank account, view the details of your last five transactions etc;

How to start?

You just need to dial *99# from your registered mobile number and for the first time it will ask that in which bank you have the details. You can just type your bank name or first four letters of your bank IFSC Code. It will only fetch your bank details and makes everything ready to transact from your phone. If you have not set any mobile banking pins earlier, it will prompt you to set an UPI Pin to authenticate your transactions. Once you set the UPI Pin, you are done. You can transact easily at your finger tips 24/7. While coming to charges, they are making it available for free of cost earlier, but now they are charging about 50 Paise for each transaction.

How it works?

It is actually an USSD service which works with the help of UPI Platform. If you are sending the money through Net Banking to another bank account , you have to send through NEFT or IMPS. But it takes some time to make the transfer effective. If you need an immediate transfer, the best thing is UPI (Unified Payment Interface) which was brought in India by NPCI (National Payments Corporation of India) to make Banking easy. Most of the banks in India were on UPI at present. UPI is such a good thing because of its fastness in the transactions.

 You must have heard of these mobile apps that are working with the help of UPI are BHIM, PhonePe, PayZapp, etc; Even most of the banks have released their own UPI apps. 


Category: Knowledge Basket 

Tags: UPI 

Comments:

LuizSouza

Posted on : January 04, 2019

Thanks for the blog.Thanks Again. Awesome <a
href="https://cheatdroid.software/apk/">cheat droid</a>
<a href="https://xmodgames.software/apk/">xmodgames</a>
<a href="https://droid4x.wiki/pc/">droid4x</a>
<br />


high school

Posted on : November 27, 2018

Truly! Whatever an eye opener this unique put up happens to be in my
circumstances. Substantially relished, saved, I just can’t look for
further! <a
href="http://vpassociates.com/our-services-tax-advisor-accountant-services/capital-gains-tax-saving-mitigation/">Capital
Gains Tax Advisors</a>
<br />


Jason Wright

Posted on : November 17, 2018

Thank you for bringing that experience to you. I like this post very
much. <a href="https://gamehacker.wiki/apk/">game hacker latest version</a>
<a href="https://tweakbox.site/apk/">tweakbox apk latest version</a>
<a href="https://mmsuperpatcher.xyz/apk/">mm super patcher latest
version download</a>
<br />


mona

Posted on : November 12, 2018

Very Interesting and wonderful information keep sharing this post kindly check<br />
<a href="https://epsxeapp.blogspot.com/">Epsxe App Download</a>


LaurieGBates

Posted on : September 24, 2018

Thanks for the blog.Thanks Again. Awesome <a href="https://tutuappapkdownload.com/">https://tutuappapkdownload.com/</a>


Salah-al-Din

Posted on : August 29, 2018

i wasnt aware that you did <a
href="http://dissertation-writing-services-online.blogspot.com/">online
thesis writing</a>
here, how on earth is it that you get so much work here even, i think
you should change the work line for yourself, its not that goos to stay
in one sort of line of profession okay, think over it !<br />


Jake Alden

Posted on : March 26, 2018

What, really, I never disovered this idea that you can actually do bank
transfers from traditional phones! This has to be shared on the <a href="http://www.topessayservicesau.com/">topessayservicesau.com</a>
considering how many people it can benefit. This is actually very smart!<br />


Lakku Chandra Reddy

Posted on : June 05, 2017

Very useful venkatesh


Post a Comment