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Screenshot of a typical SMS Banking message on a mobile screen [1] SMS banking is a form of mobile banking.It is a facility used by some banks or other financial institutions to send messages (also called notifications or alerts) to customers' mobile phones using SMS messaging, or a service provided by them which enables customers to perform some financial transactions using SMS.
The earliest mobile banking services used SMS, a service known as SMS banking. With the introduction of smart phones with WAP support enabling the use of the mobile web in 1999, the first European banks started to offer mobile banking on this platform to their customers. [3] Mobile banking before 2010 was most often performed via SMS or the ...
Users download UPI supporting app from app stores on their Android or iOS device, link and verify their mobile number with the bank account by sending one outgoing SMS to app provider, create a virtual payment address (VPA) which auto generates a QR code and then set a banking PIN by generating OTP for secure transactions.
Bulk messaging is the dissemination of large numbers of SMS messages for delivery to mobile phone terminals. It is used by media companies, banks and other enterprises (for marketing and fraud control) [1] and consumer brands for a variety of purposes including entertainment, enterprise and mobile marketing.
Short Message Service (more commonly known as text messaging) has become the most used data application on mobile phones, with 74% of all mobile phone users worldwide already as active users of SMS, or 2.4 billion people by the end of 2007. SMS text messages may be sent by mobile phone users to other mobile users or external services that ...
The GSM Association (GSMA) found in SMS Hubbing the solution to a problem that limits the continuing growth of international SMS, culminating to the development of the SMS Hubbing trials in 2006, part of the Open Connectivity project. This initiative created a new structure for international SMS interoperability, as well as developed standards ...
A direct-to-mobile gateway is a device that has built-in wireless GSM connectivity. It allows SMS text messages to be sent and/or received by email, from Web pages or from other software applications by acquiring a unique identifier from the mobile phone's Subscriber Identity Module, or "SIM card".
The SMS-banking page deserves to keep existing but somebody should help me clean it up a bit and making it more reliable. — Preceding unsigned comment added by 82.169.23.237 (talk • contribs) 07:17, August 11, 2011 Mobile banking and SMS banking are far from interchangable terms. SMS banking is a system that is part of m-banking but it ...