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However, India is the second-largest telecommunications market and has 1100.37 million mobile phone customers. Estimated 812 million Indians used their mobile phones to access the internet. Mobile phones are quite common even in the remote villages. The mobile phone industry is growing at a rate of over 200 million per year.
Vodafone India was the Indian subsidiary of UK-based Vodafone Group and was a provider of telecommunications services in India with its operational head office in Mumbai. [2]As of March 2018, Vodafone India had a market share of 21%, [3] and with its merger with Idea, the collective Vodafone Idea network has approximately 375 million subscribers and is the third largest mobile ...
Unified Payments Interface (UPI) is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.
International mobile remittance (also known as international mobile airtime recharge / international top-up / top-up credit) is a remittance transfer service which allows a person in one country to securely and electronically transfer or top-up mobile credit to another mobile belonging to a family member or friend abroad. The top-up can happen ...
The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems.
Vodafone Idea, in acronym Vi, is an Indian telecommunications company, headquartered in Mumbai and Gandhinagar. [ 7 ] [ 8 ] [ 9 ] It is an all-India integrated GSM operator offering mobile telephony services.
Credit card, debit card, [1] or online payment processors. Direct draw from bank account using an ATM [2] [3] [4] Retail store purchase with a "top-up" or "refill" card at retail. These cards are stamped with a unique code (often under a scratch-off panel) which must be entered into the phone in order to add the credit onto the balance.
The Banking Code was a voluntary code of practice agreed by banks in certain countries. The code typically described how banks dealt with accepting deposits and withdrawals and with customer disputes on transactions. Banking codes have in most countries been replaced by government imposed financial regulation governing banking practices.