USSD Charges Now Deducted From Airtime – Banks Implement New Rule Today
Banks Begin Charging USSD Fees From Airtime Balance Starting today, Nigerian bank customers using USSD banking services will now see fees deducted from their mobile airtime , not from their bank accounts . This change follows a recent directive by the Nigerian Communications Commission (NCC) issued two weeks ago, which ordered banks to stop charging USSD fees from customer accounts without consent. After the directive, users were notified via email that the new system would begin today. ALTON Chairman Praises Shift to Airtime-Based Billing Gbenga Adebayo, chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON) , described the move as a major step toward transparency in digital financial services. He said the decision aligns with the NCC’s agreement with the Central Bank of Nigeria (CBN) and other stakeholders on how to fairly charge for USSD access. “This model […]