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Is a particular mobile or service provider required to make or accept a mobile payment?

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Is a particular mobile or service provider required to make or accept a mobile payment?

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Any basic mobile can be used to make or accept a mobile payment. Similarly, mobile payments are not restricted to a particular mobile service. However, currently only Citibank and SBI account holders can use this option by applying for a PayMate Issued PIN’ or a SBI Issued MPIN’ number which helps secure the transaction.

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