Etisalat Sri Lanka has partnered with Commercial Bank to introduce mobile banking via USSD (Unstructured Supplementary Service Data) technology, a global system for mobile communication used to send a text between a mobile phone and an application program in a network.
Etisalat users can now enjoy the convenience of conducting their banking activities with Commercial Bank through their mobile phones while accessing the menu driven USSD portal.
The USSD portal can be accessed by simply dialling #8823#. Once a customer who is registered with the Bank for this service, dials into the USSD portal, they simply have to select the required function and enter a Personal Identification Number (PIN) provided by the bank for authentication and the system makes the desired transaction.
Through this service, Etisalat users who have accounts at Commercial Bank can make Balance and Credit Card Inquiries, Bill Payments, Fund Transfers, PIN Changes, Top Up credit on prepaid connections and obtain Micro Statements. This service will give users access to a list of essential services excluding withdrawal and deposit of cash.
Banking via the USSD menu allows users to remotely pay utility bills without having to wait in queues or physically travel to the bank. This service enables the reload and bill payments of Etisalat, Water and Electricity bills in just a few minutes, all through any user’s mobile phone.
This unique service is significantly different from SMS banking available in Sri Lanka. With SMS banking, a customer/ account holder must remember or keep record of short codes which are ties to each banking service. Banking via the USSD portal eliminates the need to remember short codes as it is a menu driven portal which is hassle free and easy to access.
Commenting on the launch of this service, Commercial Bank’s Chief Manager for e-Banking, Pradeeep Banduwansa said, “We are proud to partner with Etisalat to give Sri Lankans the power of mobile banking with USSD technology. It’s a service that aligns with our vision to provide our customers with technologically advanced and innovative banking solutions. We understand the time constraints when it comes to business and having to physically come to the bank to conduct transactions. The service is a step into the future as Sri Lanka closes in on a technologically interdependent era. We also offer SMS Banking, ReLoad & Tri-lingual Mobile Banking facilities to our mutual clients.”
Etisalat Head of Strategic Planning, Mahesh Amarasiri speaking about the launch of banking via USSD said “It’s like having a mini-ATM facility in your phone. Etisalat is proud to offer an innovative service that will help change the future. We introduced a user-friendly platform that allows anyone to easily use and conduct transactions without having to physically be present at the transaction point or having to travel to the bank”.
What is USSD?
Unstructured Supplementary Service Data (USSD) is a protocol used by GSM cellular telephones to communicate with the service provider’s computers. USSD can be used for WAP browsing, prepaid callback service, mobile-money services, location-based content services, menu-based information services, and as part of configuring the phone on the network.
USSD messages are up to 182 alphanumeric characters in length. Unlike Short Message Service (SMS) messages, USSD messages create a real-time connection during a USSD session. The connection remains open, allowing a two-way exchange of a sequence of data. This makes USSD more responsive than services that use SMS.
Giving an introduction to the
Giving an introduction to the WSO2 IoT server is WSO2’s Director of API Architecture, Sumedha Rubasinghe, who will cover the below.
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ATTENTION ALL STARTUPS! Seedstars World is
ATTENTION ALL STARTUPS!
Seedstars World is coming to #SriLanka,
One of the largest global pitching platform for startups, where startups can grow and disrupt.
To register click on the link below and type in the code to gain access:http://
Invitation Code: SSW_Colombo_2016
Seedstars World promotes, connects and invests up to $1.0 million USD in emerging market startups through its exclusive startup competition in 60 countries
The eight best startups from Colombo will be invited to pitch in front of an investment panel and compete to be crowned the most promising seed stage startup of Speedsters World Colombo 2016. The wining startup will join the global Speedsters family and take part in the regional and global Speedsters Summits.
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(Thursday) 5:30 pm - 9:00 pm SLST
Trace Expert City
Bay 06, TRACE Expert City, Maradana Rd, Colombo
Financial Crime over the last
Financial Crime over the last 30 years has increasingly become a concern to governments throughout the world. This concern arises from a variety of issues because the impact of financial crimes varies in different contexts. It is today widely recognised that the prevalence of economically motivated crime in many societies is a substantial threat to the development of economies and their stability.
Banks worldwide have been struggling in the battle against financial crime. Recent high-profile examples demonstrate that the rate of anti-money laundering compliance enforcement is continuing to rise – Gavin Neilson & Will Furneaux of PA Consulting Group
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Royal College Union Skills Centre
Rajakeeya Mawatha, Colombo 00700
ISACA Sri Lanka Chapter
The annual Great Place to
The annual Great Place to Work ® Conference is a premier event, where over 300 professionals convene to network and learn from leaders at recognized Best Workplaces.
(Friday) 8:30 am - 5:30 pm SLST
Social Media Day Colombo –
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Be a part of the most awaited social media event in Colombo. Join the offline social media conversation along with your fellow social media enthusiasts for an engaging and entertaining evening of fun and learning!
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The global economy is seeing
The global economy is seeing a disruptive force changing its landscape in a much bigger way than the blue chip; the tech startups of the world. Over the past three years, Sri Lanka has seen an immense growth in its Startup ecosystem. Disrupt Asia will be the first of its kind event held in the country in which the startup ecosystem of Sri Lanka will gather in one gracious occasion. This includes investors, mentors, Government agencies, media and of course the startups.
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(Thursday) 8:00 am - 8:00 pm SLST
Change is a constant process
Change is a constant process that affects us as a society and as an individual. It can cut across different fields and disciplines, impacting human lives in multiple areas. Sri Lanka has seen an increased development in infrastructure, connecting diverse people from across the island.
Simultaneously, there is a boom in different industries with startups and small industries mushrooming across the country. Therefore, it is now more important than ever to engage with this phenomena of change in everyday life.
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Speakers for 2016
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