The use of USSD code via telecommunication platform for banking

Currently today we all use mobile devices and our phones numbers are all registered as part of the banking details. As against having to go to the banks, if banks can leverage on the telecommunication to render some of the services to avoid queues in the branch and to reduce brick and mortar branches. for example if my bank enables me to use my phone using some codes to transfer money to another account or bank which some levels of authentication. this will be much useful as this will work with or without internet service, the same technology behind loading a recharge card on your phone. this will be very helpful especially in remote areas in AFRICA were they are no internet coverage

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The use of USSD code via telecommunication platform for banking

Created 1 year ago

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Currently today we all use mobile devices and our phones numbers are all registered as part of the banking details. As against having to go to the banks, if banks can leverage on the telecommunication to render some of the services to avoid queues in the branch and to reduce brick and mortar branches. for example if my bank enables me to use my phone using some codes to transfer money to another account or bank which some levels of authentication. this will be much useful as this will work with or without internet service, the same technology behind loading a recharge card on your phone. this will be very helpful especially in remote areas in AFRICA were they are no internet coverage
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