Airtel and Vodafone waives of USSD charges for mobile banking

Bharti Airtel and Vodafone has waived of USSD charges for mobile banking till 31 December 2016 keeping in view the ongoing demonetisation exercise. 

To support customers during the ongoing demonetisation exercise, Bharti Airtel has waived off transaction charges for all USSD based mobile banking transactions over its network till December 31, 2016. We would encourage customers to leverage this benefit for their convenience,” said Airtel spokesperson. 

Welcoming the Government’s initiatives to accelerate India’s progress into a less cash economy, Sunil Sood, MD & CEO, Vodafone India said, “To ease the burden of masses, we are waiving off all USSD charges presently levied for mobile banking till 31 December 2016. As several million customers use feature phones, we are hopeful that this free access to mobile banking will encourage them to adopt it as their preferred and convenient mode for banking." 

Further, with Vodafone M-Pesa we are leveraging the reach of mobile technology to drive financial inclusion and offer the convenience of a digital wallet for easy transactions. The unique cash out feature of Vodafone M-Pesa makes it the ideal digital wallet for masses, enabling users to digitise cash, remit it to family and friends, pay bills and/or withdraw it at their convenience from over 120,000 touch points across the country," added Sood.