NCC directs banks to deduct USSD transaction fees from users’ mobile airtime
[NigerianEye - Nigeria] - 3/06/2025
The Nigerian Communications Commission (NCC) has directed deposit money banks (DMBs) to stop deducting charges for unstructured supplementary service data (USSD) transactions directly from customers’ accounts. The charges will now be deducted from users’ mobile airtime, according to an email from the United Bank for Africa (UBA) to customers on Tuesday. The UBA said the directive takes effect from June 3 (today). “In line with the directive of the Nigerian Communications Commission (NCC), please be informed that effective June 3, 2025, charges for USSD banking services will no longer be (…)
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