For like 4days ago Commercial banks have reconnected MTN customers earlier denied access to the unstructured supplementary service data (USSD) payment channels.


The mobile network operator (MNO) had reduced banks’ commission from an average of 3.5 percent to 2.5 percent, this led to a disagreement between MTN and commercial banks.

“In an attempt to resolve the current USSD recharge impasse, given the interventions from our regulators, we hereby agree The Banks revert to the status quo of 4.5% commission.

“However, the banks and MTN Communications Nigeria Plc, shall sit to agree on various options that will result in the reduction in the costs on 6th (today) of April 2021.”


Read full: https://oluwatech.com.ng/banks-lift-suspension-of-ussd-transactions-on-mtn/