Nov 30, 2016 02:01 PM IST | Source: CNBC-TV18

Efforts on to make USSD as friendly as UPI, e-wallets: TRAI

With the government's thrust on digital payments post demonetisation, the telecom regulator TRAI is working full swing to enable digital payments by way of USSD, which enables feature phone users to transact digitally without internet. Over 70 percent of people in India are feature phone users.

Telecom Regulatory Authority of India is hard at work to make unstructured supplementary service data (USSD) as friendly as Unified Payment Interface (UPI) and several e-wallets like Freecharge and Paytm, says TRAI Chairman RS Sharma.

With the government's thrust on digital payments post demonetisation, the telecom regulator TRAI is working full swing to enable digital payments by way of USSD, which enables feature phone users to transact digitally without internet. Over 70 percent of people in India are feature phone users.

TRAI has reduced USSD payments gateway charges to a third, says Sharma.

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