Commercial banks Chief Executive Officers (CEOs) have said that MTN’s decision to start charging customers on Unstructured Supplementary Service Data (USSD) transactions did not come from them.
The denial was made yesterday, a day after MTN was directed by the federal government to suspend the introduction of service charge on USSD transactions, which was supposed to take effect from yesterday.
Speaking further on the issue, the banks CEOs said the decision to charge customers for USSD transactions and what amount to charge them rested entirely on the telecommunications company, similar to how they charged customers for calls, SMS, and data.
MTN had sent a notification last week to its subscribers, informing them that from October 21, they would be charged N4 per 20 seconds for USSD access to banking services.
- Obadiah Mailaifa’s Application To Stop Police From Investigating Him Dismissed By Plateau Court - September 29, 2020
- Middle-Aged Man Killed By Stray Bullets During Custom Officials’ Chase Of Smugglers In Ogun State - September 29, 2020
- Mike Ezuruonye Faults Kunle Afolayan’s Apology, Says It Shows Pride - September 29, 2020