FG Stops Telecoms Companies From Charging USSD Transactions

A telecom operator released a shocking surprise package to its subscribers over the weekend,  informing them of the commencement of the new charge from October 21.

The text read, “Yello, as requested by your bank, from Oct 21, we will start charging you directly for USSD access to banking services. Please contact your bank for more info.”

USSD Reacharge

And that was followed up with another one, reading; “Yello, please note that from Oct 21, we will charge N4 per 20 seconds for USSD access to banking services”…

However, government has waded in to the issue by suspending the alleged USSD service charge by MTN Nigeria.

The attention of the Federal Ministry of Communications has been drawn to the viral text message allegedly sent by the Mobile Network Operator MTN Nigeria and other Mobile Operators notifying subscribers of a four naira (N4:00) charge per 20 seconds on USSD access to banking services from the 21st of October 2019.

The office of the Honourable Minister of Communications Dr Isa Ali Ibrahim Pantami FNCS, FBCS, FIIM is unaware of this development and has hereby directed the sector regulator, the Nigerian Communications Commission (NCC) ensures the operator suspends such plans...

FG Stops Telecoms Companies From Charging USSD Transactions

Loading...

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

x