
Banks CEOs Disclaim MTN Over USSD Transactions Charges
β’We donβt need permission to impose service charge, says telcom
Chief Executive Officers (CEOs) of commercial banks have distanced themselves from the moves by MTN Nigeria to impose charges on Unstructured Supplementary Service Data (USSD) transactions.
The bank chief executives under the aegis of Body of Bank CEOs that have the MD/CEO of Access Bank Plc, Mr. Herbert Wigwe, as chairman, said in a statement yesterday that they never asked MTN to start charging customers as contained in the text message sent by the telecommunication company.
Their disavowal came a day after the federal government ordered MTN to suspend the …