The Bank will charge Rs 3.50 along with service tax for each transaction. A user could transfer a maximum amount of Rs 5,000 and could do 10 transactions per day.

Here are some topics that the budget could address and shape the industry of the future.

The big breakthrough in e-commerce came in Oct when the big three of Flipkart, Amazon and Snapdeal offered pre-Diwali sales with eye-popping discounts.

Uber was blacklisted on Monday after police said it had failed to run background checks on the driver, who was arrested 3 years ago in a similar case but later acquitted.

Minister for Communications and IT Ravi Shankar Prasad added that no authentic data is made available by social networking websites on the number of such fake accounts.

Business Today brings you important news from the past fortnight, which you may have missed.

This case study looks at how M-Pesa, a service that originated in Kenya, was tweaked for India and whether it can succeed.

SBI user base for mobile banking is around 4.5 per cent of its total retail customer base, and customers can avail it irrespective of the mobile handsets they use.

Mobile recharge and payment applications have become popular and it may just be the beginning.

The Ezetap solution comprise a lightweight card reader, a configurable mobile app and a flexible platform that allows the firm to provide customized value-added services and integrate it to a merchant's existing systems.

In the past few days, there has been a rise in short messaging service (SMS) from unknown numbers giving free advice to trade in certain stocks and make 25 per cent return in a week and double the money in one month.

Digital entrepreneurs are developing a host of mobile-based value-added services for everything from entertainment to payments and advertising, which could potentially change the way millions use their mobile phones. Business Today looks at some digital firms which will be at the vanguard of this mobile revolution.

Banking on the Internet saves time at no extra cost but the dangers are very real. Staying safe is about being diligent and smart.