Only 3G and 4G technology will be available in the future. In such situations bankers should to be ready to upgrade today onwards. Otherwise, banking activities will face many difficulties," said Department of Telecommunication Joint Secretary Amit Yadav.
The country's bankers will need to upgrade their Point of Sale (PoS) machines to 3G or 4G technology in the future the 2G effect will be completely reduced, a Telecom Ministry official said.
All of the PoS machines used in the banking sector are now running with 2G technology. In the upcoming period 2G will be stalled.
Only 3G and 4G technology will be available. In such situations bankers should to be ready to upgrade today onwards. Otherwise, banking activities will face many difficulties," said Department of Telecommunication Joint Secretary Amit Yadav. He was present at a function under the Institute of Development and Research in Banking Technologies (IDRBT).
In addition, mobile towers installed for mobile services, which is less than two lakhs, has exceeded five lakhs within these three years" he said.
It has revealed that six lakh base stations (BTSs) have now reached 20 lakh. On the other hand, Amit explained that the report on the 5G road map in India was shared jointly by telecom, IT, science and technology departments to the central government of India.
The country's bankers will need to upgrade their Point of Sale (PoS) machines to 3G or 4G technology in the future the 2G effect will be completely reduced, a Telecom Ministry official said.
All of the PoS machines used in the banking sector are now running with 2G technology. In the upcoming period 2G will be stalled.
Only 3G and 4G technology will be available. In such situations bankers should to be ready to upgrade today onwards. Otherwise, banking activities will face many difficulties," said Department of Telecommunication Joint Secretary Amit Yadav. He was present at a function under the Institute of Development and Research in Banking Technologies (IDRBT).
In addition, mobile towers installed for mobile services, which is less than two lakhs, has exceeded five lakhs within these three years" he said.
It has revealed that six lakh base stations (BTSs) have now reached 20 lakh. On the other hand, Amit explained that the report on the 5G road map in India was shared jointly by telecom, IT, science and technology departments to the central government of India.
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