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TRAI's Consultation Paper on 'Review of regulatory framework for the use of USSD for mobile financial services'

TRAI's Consultaion Paper on 'Review of regulatory framework for the use of USSD for mobile financial services'
आरंभ करने की तिथि :
Aug 03, 2016
अंतिम तिथि :
Sep 29, 2016
00:00 AM IST (GMT +5.30 Hrs)
प्रस्तुतियाँ समाप्त हो चुके

The expansion of banking and reach of financial services is considered to be vital for the long-term sustainable development of any country. From the standpoint of equity, it is ...

The expansion of banking and reach of financial services is considered to be vital for the long-term sustainable development of any country. From the standpoint of equity, it is essential that financial services are provided at an affordable cost to those who are presently excluded from the formal financial system. Mobile telephony could be the answer to the problems related to ‘last mile’ service delivery of financial services.

In order to identify and address the various issues for the use of USSD-based Mobile Financial Services, Telecom Regulatory Authority of India (TRAI) has released Consultation Paper on ‘Review of regulatory framework for the use of USSD for mobile financial services’ on 2nd August, 2016 for comments.

The objective of this Consultation Paper (CP) is to examine the need of mobile based financial services in the country from a public perspective, discuss the issues in its proliferation and to explore solutions for the same.

The Authority has extended the time for submission of comments upto 14th September, 2016 and counter comments by 28th September, 2016.

Read: Consultation Paper

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177 सबमिशन दिखा रहा है
Karur chandrasekaran
Karur chandrasekaran 9 साल 6 महीने पहले
TRAI must check the TELECOM SERVICE PROVIDERS 1.fraudulence in collecting money from customers through various means, 2.frequent call interruptions, 3.In the name of enhancing the speed of the internet the Service providers tap more charges from customers, 4.if the internet pack is exhausted, the Telecom companies stealthy deduct the internet charges from the main top up account and cheat the customers. 5.Spreading VIRUS through Ads and also through unscrupulous Anti virus packs .
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shyam singh
shyam singh 9 साल 6 महीने पहले
Any indl using which ever mob services for financial transaction has to be re-assured fail safe are inherent esp the assurance that service provider will never compromise his financial security from misusing. Therefore, i strongly recommend safety must assured to a customer in any transaction by the service provider and concerned bank and strong punitive action should be guaranteed against defaulting bank/ mob service with minimum paperwork required from customer
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PRITHWISH CHAKRABORTY
PRITHWISH CHAKRABORTY 9 साल 6 महीने पहले
JAB TAK BSNL SETUP WITH THEIR STUFF DOES NOT GIVE MUCH MORE SERVICES, TAB TAK PRIVATE SECTOR CAN NOT BE CONTROLLED..CHAI JITNA KASIS KARO..PRIVATE SECTOR'S ORGANISATION IMPLEMENT NEW NEW POLICY FOR INCOME MUCH MORE RUPEES.. PUBLIC KO BEBUKUF BANA KE... SATHE ME GOVERNMENT KO BHI. SO FIRST STRONGER TO STORNGEST KARO BSNL SETUP WITH VRS TO OLD STUFF KO.
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Suvro Biswas
Suvro Biswas 9 साल 6 महीने पहले
√ Minimum 60sec gap required to activate any pack through USSD. √ Complete benefit details should be mentioned in 1st page. √ Customer should check his basic account status through USSD like current tariff, all type of balance, complain/ request status. √ Customer should get confirmation sms within 30 sec of request. √ Will appreciate if language be religion or Hinglish.
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Pranav Kumar_1
Pranav Kumar_1 9 साल 6 महीने पहले
STOP TELECOM SERVICE PROVIDER TO FORCEFULLY ADVERTISE THEIR PRODUCT WHEN WE DIAL A NUMBER DND service is to help customer so that he/she is not disturbed by so many advertisement/irrelevant messages from telecom service provider. Now, When we dial a number for calling, the telecom companies forces us to listen to their advertisement (example, For X telecom service provider if you pay for K amount, you will get N free calls). TRAI must include such forceful advertisement under DND.
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ASHUTOSH CHHAYA
ASHUTOSH CHHAYA 9 साल 6 महीने पहले
At present we get unsolicited Business SMS from Telemarketing Agencies although we are not registered with them. The point I emphasise is there is large scale Data Theft from Mobile Directories- ATM-Credit-Debit Card Data for which there is no surveillance or control of Government. Mobile user is asked to go through a tedious complaint procedure by TRAI & Telecos each time we receive SMS
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Tushar Sen
Tushar Sen 9 साल 6 महीने पहले
Nowadays there are some fake broadband companies who are making money by false advertisement, their agents make contacts with people showing demo and collect money. They have also cheated me and my neighbour. Strict action is needed against such companies.
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