Union Bank rolls out mobile app

Union Bank of India (UBI) 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.
So let’s do:
1. Name the bank, which has launched USSD (unstructured supplementary service data) based ‘*99#’ mobile application on Play Store on Android platform?
2. Expand the term USSD?

Source – The Hindu



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