First paragraph, the banks did not ask MTN to start charging customers. Second paragraph, MTN is the only telco that are yet to implement the end user Billing.

Both paragraphs are contradicting. If MTN are yet to implement the end user billing, how will they do that without charging?? Lmaoooo very funny

oshozondii:

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/

Banks denying Telcos........Pot calling kettle black......All their own transaction charges that don't make sense. They now want to deny MTN from charging banking transactions using their own network. (you'll make a transaction with your MTN line, the bank would charge you for the transaction, but MTN cannot charge?) Think am well.
Other networks(Airtel, 9mobile and Glo) actually charge for USSD transactions, why is it that it's when MTN wants to start charging that they are talking? There's something more to this abeg.

Corporate fraud,one will expect efcc and Sars to go after like they do to fraudsters and yahoo boys....Well,as they said OLE ni everybody,e'ni ti won ba mu ni barawo except me,Omo T and some few others sha

Did you lots read the part where they said “MTN is the only Telco yet to implement the charge” Glo and Airtel have been charging customers since and we never took notice not until recently when I decided to watch my airtime balance. They (Glo) even admitted it in a tweet to me.

The telcos are scammers

It’s actually true. MTN is yet to implement the charge. Glo has been charging me N5 for every USSD transaction and they never informed me of such development.

I think MTN casted other networks here. NCC should better show up strong.

OlisaOsega87:
First paragraph, the banks did not ask MTN to start charging customers. Second paragraph, MTN is the only telco that are yet to implement the end user Billing.

Both paragraphs are contradicting. If MTN are yet to implement the end user billing, how will they do that without charging?? Lmaoooo very funny

My point exactly! MTN is the hero here. The others have been secretly charging people but we never noticed.

I’m so livid right now. I need to port to MTN at least till they join the bandwagon.

Foolishbuhari:
MTN did y'all a favor by disclosure! All others have been collecting these charges on a low since and y'all could say nothing!

Truly Nigerians don't know their problems even if it stared them in the eyes

Anyone that believes these banks will believe anything in life .

To be fair if I’m the Telco company I will cut off USSD transactions . You should either go through the App or go to the bank . Period .

Nawao!

Nawa oh

Once i don't have call card on my 9mobile line i can't recharge from my bank......fidelity Bank.

If you read the bank statement properly, you will see they cunningly left MTNN in the cold after a boardroom agreement MTNN implemented went wrong. Banks have told all the telcos to charge customers, glo, airtel implemented it secretly longtime ago without raising eyebrows MTNN notified customers and the banks said they did not ask MTNN to do so that in fact MTNN is the only bank yet to do so... Read between the lines.

Ok! Thank you








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maasoap:




Banks are simply saying MTN and other TelCos should be charging customers fairly when using USSD. That Telcos don't need any go ahead from banks, that it should be between Telcos and bank customers, that network providers shouldn't drag them into this issue

Thank you

maasoap:


Man, I love you for this post of yours. Many didn't even understand what they're reading and discussing here. Yet, you see them saying MTN is in trouble, MTN is a thief. Even when the Body of Banks CEOs said that MTN is the only network that has not started charging banks customers for using USSD.

With this criminal act MTN has to be sanctioned immediately. NCC over to you.

Fg directed mtn and other network providers to start charging us for ussd banking I wonder why the CBN is denying it

Is not only MTN that charge for USSD, even Airtel does the same thing, if you don't have call card, you cannot use USSD.


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/
[/quote]

Something gtbank and airtel have been silently chopping... Mtn don ruin their runz

Hmmm

acenazt:
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

Elei ngidigon,trying to extend financial xenophobia to our own land ,something severe needs to be done about this ,NBC should slam dem $9.6 billion sanction for excessive deductions or wanton negligence.

Why is everyone shouting like it's only my that's guilty of this so called surcharging.all d telcos do it too except u don't check ur balance after initiating any used transaction.. so all of them should be fined or asked to stop d charges.but what do we have? A clueless n profit making CBN with a scam artist at its helms of affair! U mean CBN govnor,banks CEOs n NCC are not aware of d charges on or b4 now? I think they resides in Pluto....

Oyerinde16:
If you read the bank statement properly, you will see they cunningly left MTNN in the cold after a boardroom agreement MTNN implemented went wrong. Banks have told all the telcos to charge customers, glo, airtel implemented it secretly longtime ago without raising eyebrows MTNN notified customers and the banks said they did not ask MTNN to do so that in fact MTNN is the only bank yet to do so... Read between the lines.

Really?!! Then we should applaud MTN cos d other telcos hv been charging for long n d bankers are acting as if they don't know.can u imagine?

MTN should pay fine to Nigeria govt for this corrupt act!!!

Despite our generosity, should the xenophobic owned MTN still rob us

Na was o. Evrybodi jus dey do wetin dem lyk. Na anoda xenophobia b dis or wat? MTN, no make naijas vex.

I was charged today, after getting the message. It's very bad

FarahAideed:


Extort you ? Do you how expensive a session of USSD is ? USSd has never been free so don't let these banks deceive U

they should have kept quiet and continue the way they were doing