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Pay or get disconnected from USSD service – Telcos to banks

Telecommunications companies say they may stop offering Unstructured Supplementary Service Data (USSD) services to financial institutions for free.

FG kicks against increase in USSD charges, orders immediate suspension

The federal government has opposed the move of telcos to increase charges on use unstructured supplementary service data (USSD) channels to access banking services.

USSD banking: Nigerians to start paying N4 for every 20 seconds...

Customers who use unstructured supplementary service data (USSD) channels to access banking services would have to pay new charges from October 21.

CBN gives banks 3 days to resolve USSD disputes

The Central Bank of Nigeria (CBN) says all commercial banks must resolve disputes arising from the use of Unstructured Supplementary Service Data (USSD) channels within three days.

CBN places Daily limits on USSD, commences June 1

The Central Bank of Nigeria (CBN) has placed a new maximum daily limits of N100,000 on Unstructured Supplementary Service Data (USSD) option which are used for mobile phone transactions, and it takes effect from June 1.