Economy News

USSD: Banks Ban MTN From Banking Agency

USSD: Banks Ban MTN From Banking Agency
  • PublishedApril 2, 2021

USSD: Banks Ban MTN From Banking Agency
Commercial banks have disconnected MTN customers from banking channels including the Unstructured Supplementary nike air force 1 07 black cool grey racer blue white Service Data and banking apps.
MTN customers complained on Friday about being unable to recharge their MTN lines using USSD and other banking channels like the bank apps.
Customers were also unable to do banking transactions on MTN lines through USSD.

According to a source, this was not the doing of MTN but the banks who had refused Mag whites маг уайтс магній 500 мг 60 табл єгипет — цена 545 грн в каталоге Биологически активные вещества ✓ Купить товары для красоты и здоровья по доступной цене на Шафе , Украина #153368005 to give any formal communication prior to the disconnection.
The source said, “Please note that MTN didn’t cut off customers and has no hand in this. This is strictly the banks acting on their own.
“We woke Buy Women's Boots Red Lunar Footwear Online , jordan air jordan 1 mid crimson tint sneakers item , AspennigeriaShops up this morning to see that MTN customers were cut off from USSD services overnight. This has come as a surprise as there was no formal communication from the banks to their customers prior to their taking this action.”
The source disclosed that MTN had reduced the banks’ commission from an average of 3.5 per cent to 2.5 per cent which predicated the actions of the banks.

According to the source, the reduction is standard because the volumes ir jordan 4 tour yellow 200 compensate for the reduction, adding that the contract with convenience channel partners and aggregators through which they were indirectly connected to the banks allowed this.