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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

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Home Business

Respite as Nigerian Banks Reconnect MTN Lines To USSD Service

by Eucharia Egwuma
April 5, 2021
in Business
Reading Time: 1 min read
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Respite as Nigerian Banks Reconnect MTN Lines To USSD Service
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Following a brief disconnection, Nigerian banks have upturned the ban placed on MTN subscribers from recharging their lines or data plan via Unstructured Supplementary Service Data (USSD).

It was gathered that MTN has reached an agreement with the commercial banks, leading to the restoration of the hitherto suspended services.

The restoration of services was also confirmed by the Minister of Communications and Digital Economy, Dr Isa Pantami, on Sunday afternoon, through his verified Twitter handle.

“The services have been restored since early morning, today. Best wishes,” the Minister twitted.

Commercial banks had asked MTN to revert to the old commission or they would block MTN airtime recharge services in both mobile banking applications and USSD payment channels.

Due to MTN’s refusal to revert to the previous commission percentage, commercial banks, which are connected directly to the mobile network operator, denied customers access to the USSD platform.

On Friday, Dr Isa Pantami, Minister of Communications and Digital Economy issued a statement assuring subscribers that the issue would be resolved and services restored.

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