{"id":35478,"date":"2019-10-21T19:25:57","date_gmt":"2019-10-21T18:25:57","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=35478"},"modified":"2019-10-21T19:25:57","modified_gmt":"2019-10-21T18:25:57","slug":"bank-ceos-counter-mtns-claim-on-ussd-charges","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/bank-ceos-counter-mtns-claim-on-ussd-charges\/","title":{"rendered":"Bank CEOs Counter MTN’s Claim On USSD Charges"},"content":{"rendered":"

October 21, 2019
\nLagos, Nigeria.<\/p>\n

From Body of Bank CEOs<\/p>\n

SMS (SHORT MESSAGE SERVICE) FROM MTN NIGERIA TO BANK CUSTOMERS IN NIGERIA ON USE OF USSD CODE<\/p>\n

Our attention has been drawn to SMS sent on Saturday 19th October by MTN Nigeria Communications PLC (\u201cMTN\u201d) to customers of banks in Nigeria in respect of the above.<\/p>\n

The message states that the banks requested MTN to start charging customers for USSD transactions directly. It also asks customers to contact their banks for more information.<\/p>\n

We wish to state as follows:<\/p>

\r\n
Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

\u2022 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 company, in the same way a customer is billed for calls, SMS and data.<\/p>\n

\u2022 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.<\/p>\n

\u2022 That the banks are determined to pursue the National Financial Inclusion Strategy of the Federal Government of Nigeria and will continue to advocate that Telcos identify wholeheartedly with this laudable initiative and implement transparent and low pricing model in the use of USSD access codes.<\/p>\n

\u2022 We wish to re-iterate that financial transaction charges are regulated by the CBN as stipulated in the Bankers Tariff, and that the charges for financial transactions carried out with banks remain unchanged.<\/p>\n

SIGNED<\/p>\n","protected":false},"excerpt":{"rendered":"

October 21, 2019 Lagos, Nigeria. From Body of Bank CEOs SMS (SHORT MESSAGE SERVICE) FROM MTN NIGERIA TO BANK CUSTOMERS IN NIGERIA ON USE OF USSD CODE Our attention has been drawn to SMS sent on Saturday 19th October by MTN Nigeria Communications PLC (\u201cMTN\u201d) to customers of banks in Nigeria in respect of the …<\/p>\n","protected":false},"author":6,"featured_media":24836,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17,624],"tags":[6311],"coauthors":[2391],"class_list":["post-35478","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","category-politics","tag-banks-ceos"],"yoast_head":"\nBank CEOs Counter MTN's Claim On USSD Charges - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/bank-ceos-counter-mtns-claim-on-ussd-charges\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank CEOs Counter MTN's Claim On USSD Charges - National Wire\" \/>\n<meta property=\"og:description\" content=\"October 21, 2019 Lagos, Nigeria. From Body of Bank CEOs SMS (SHORT MESSAGE SERVICE) FROM MTN NIGERIA TO BANK CUSTOMERS IN NIGERIA ON USE OF USSD CODE Our attention has been drawn to SMS sent on Saturday 19th October by MTN Nigeria Communications PLC (\u201cMTN\u201d) to customers of banks in Nigeria in respect of the …\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/bank-ceos-counter-mtns-claim-on-ussd-charges\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-21T18:25:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/07\/Banks.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"599\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Friday Ekeoba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/bank-ceos-counter-mtns-claim-on-ussd-charges\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/07\/Banks.jpg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/07\/Banks.jpg\",\"width\":800,\"height\":599},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/bank-ceos-counter-mtns-claim-on-ussd-charges\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/bank-ceos-counter-mtns-claim-on-ussd-charges\/\",\"name\":\"Bank CEOs Counter MTN's Claim On USSD Charges - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/bank-ceos-counter-mtns-claim-on-ussd-charges\/#primaryimage\"},\"datePublished\":\"2019-10-21T18:25:57+00:00\",\"dateModified\":\"2019-10-21T18:25:57+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\"},\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/bank-ceos-counter-mtns-claim-on-ussd-charges\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/bank-ceos-counter-mtns-claim-on-ussd-charges\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/bank-ceos-counter-mtns-claim-on-ussd-charges\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bank CEOs Counter MTN’s Claim On USSD Charges\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\",\"name\":\"Friday Ekeoba\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bank CEOs Counter MTN's Claim On USSD Charges - National Wire","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/bank-ceos-counter-mtns-claim-on-ussd-charges\/","og_locale":"en_US","og_type":"article","og_title":"Bank CEOs Counter MTN's Claim On USSD Charges - National Wire","og_description":"October 21, 2019 Lagos, Nigeria. 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