03 September 2016 Current Affairs GK: Union Bank of India has launched USSD (unstructured supplementary service data) based ‘*99#’ mobile application on Play Store on Android platform. This ‘*99#’ mobile app does not require internet connectivity to perform banking and other value-added services.
The app provides basic banking transactions such as checking account balance, money transfer, and MPIN (mobile personal identification number) management. It also provides value-added services like checking Aadhaar-linked overdraft status and PMJDY account overdraft status.
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