Customers who use unstructured
supplementary service data (USSD) channels
to access banking services would have to pay
new charges from October 21.
Some telecommunications network service
providers have sent notices to their customers
of the new charge.
“Please note that from Oct 21, we will charge
N4 per 20 seconds for USSD access to banking
services. Thank you,”
a notification sent by
MTN to customers read.
Banking services were introduced on USSD
channels to ensure easier access to banking
services.
Before now, telcos charged customers per
USSD session.
This charge differed across networks with the
highest being N20 per session.
However, this new charge would mean that
customers will be charged N12 for every
minute spent on the USSD channel.
Young-po Reporters 