Question

Choose the appropriate alternative.
Which of these digital payment mechanisms does not require an internet connection?

Options

• USSD

• UPI

• e-wallets

• IMPS 24X7

Answer 1

USSD
Explanation:
The innovative payment service *99# works on the Unstructured Supplementary Service Data (USSD) channel. This service allows mobile banking transactions using basic feature mobile phone, there is no need to have a mobile internet data facility for using USSD based mobile banking. It is envisioned to provide financial deepening and inclusion of underbanked society in the mainstream banking services.