I think if the service is available in as cheap as rs 30 or Rs 1 per day, it is a fantastic proposition. But the security issue should be addressed properly and and fundtransfer should happen directly from mobile to mobile.
If this happens i will surely apply for Barclays services.

BTW USSD is termed as the best technology to for mobile banking service.

*598*# is not working… I checked the reports - think its *598*1#

I have a BPL though so could not see it!

rite its *598*1# & i works beauifully on Nokia 1100 also.. its truly some unique technology

Hi

Fund transfer is available mobile to mobile and hello money is indeed low cost at Re 1 per day.Currently it is available on Airtel,Vodafone and Idea on all handsets.

You can do mobile top up instantly.

You must try it out.It is cool!!

If I am not a Barclays customer, but still try out the service by dialling *598*1#, will the balance in my cellphone reduce by Rs.30?

In other words, is Rs. 30 charged to the bank account by the bank, or to the cell phone by the service provider?

Hello,
The service and technology is nice.
But what about CDMA.
Will that work on cdma.
If it is not working on CDMA than i think it will be a failure.

USSD is a GSM technology, so this service cannot be implemented in CDMA.  Having said that, implementation of SMS-based mobile payment solutions is not too much different from a USSD based solution in GSM.