Commercial banks on Monday denied instructing MTN to deduct charges for USSD.

In an advertorial, the lenders, acting under the aegis of Body of Bank CEOs said its attention had been drawn to a text message sent by the telco concerning the issue.

“Our attention has been drawn to SMS sent on Saturday 19th October by MTN Nigeria Communications PLC to customers of banks in Nigeria in respect of the above.

The message states that the banks requested MTN to start charging customers for USSD transactions directly. It also ask customers to contact their banks for more information. We wish to state as follows:

“That the banks did not ask MTN to start charging customers as contained in the text message. The decision on whether and what amount to charge a customer for accessing USSD is entirely that of the telco in the same way a customer is billed for calls SMS and data.

“MTN is the only telco that is yet to implement end-user billing which is the standard practice for customer initiated transactions. This is despite the fact that the banks working with the Central Bank of Nigeria (CBN) have engaged MTN over a period of more than one year to try and bring down the cost of USSD to aid financial inclusion.

“That the banks are determined to pursue the Nigerian National Financial Inclusion Strategy of the Federal Government of Nigeria and we continue to advocate that telcos identify whole-heartedly with this laudable initiative and implement transparent and low pricing model in the USSD access code.

“We wish to reitrate that financial transaction charges are regulated by the CBN as stipulated in the Banks Tariff and that the charges for financial transactions carried out with banks remain unchanged.”

https://www.google.com/amp/s/thenationonlineng.net/banks-we-didnt-ask-mtn-to-charge-for-ussd/amp/

MTN right now

MTN Showing us They are A South African Company. In our own country trying to extort using The names of our banks so boldly. This one is strong

. Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one

So Mtn are this greedy? After zapping our money through their data scam they still wanna take from poor Nigerians.
If only we utilized our golden opportunity during the xenophobia saga and teach this wicked company a lesson of their lives

this is nigeria

Just imagine this people playing with us anyhow

G

How MTN feel right now

Nigeria, a country where anyone can just wake up and defraud others and nothing will happen.
In a saner clime, MTN will be looking at a very hefty fine by now!

wahala for mtn!

This XENOPHOBIC ussd charge by MTN is an act of internet fraud. Simple

Mtn to the banks right now.

Money Thieving Network = MTN











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I talk ham

i believe MTN.. I STAND WITH MTN

Interesting times..

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This telecom operators have been charging for ussd

Glo do charge me five naira for each ussd transaction on my zenith account

Airtel do charge twenty naira each ussd transaction on my wema account

But i think were MTN for want play smart be say them want dey charge four naira per 20 seconds on ussd
Which means if you spend more than 20 seconds on ussd then their charge go dey increase

So MTN wants to run us street. Dem dey mad!

Let's wait to hear from MTN #

Oloshi, ndi Oshi, Danburunba, werey banks..

Upon all the money you banks have been secretly stealing from us, its not still enough for you pple...

Jesu......
MTN which way naa no wonder my Glo network no send me that shit

empty hen looking for new ways to loot Nigerians after recent xenophobic incidents

Confused people

MTN: "We didn't ask BANKS To charge for Ussd"

BANKS: "We Didn't ask MTN To charge for Ussd"

MTN are naturally thiefs

Over sabi mtn

Lols


Check my signature

So MTN start their own landlordfobia