Almost all dealings between a customer and her bank will be possible with a basic handset and without accessing the Internet.

USSD, or Unstructured Supplementary Service Data, is a menubased system that enables customers to interact with content-based services.

The Visa-promoted Movida mobile payments platform will be going live next month with HDFC Bank as its banking partner.

'Its really important for people to know that by design we have focused on India first in terms of building this platform.'

Movida, a mobile payments joint venture backed by Visa and Monitise, has signed an agreement with HDFC Bank, to introduce a mobile payment ...