Telcos, banks to charge USSD fees from airtime

Telcos, banks to charge USSD fees from airtime

On Techpoint Digest, we discuss a new USSD rule in the works, Netflix's $10.5 billion first-quarter revenue, and MultiChoice Uganda's weekly subscription plan for DStv and GOtv users.

Banks, Telcos consider USSD Fees to Be Taken from Airtime Instead of Bank Accounts - Innovation Village | Technology, Product Reviews, Business

Telecommunications subscribers in Nigeria may soon notice a change in how they’re charged for using Unstructured Supplementary Service Data (USSD). Rather than being billed by banks, customers will begin to see direct deductions from their airtime balance when they use USSD services for mobile banking and other transactions. This follows advanced discussions between mobile network operators (MNOs) and deposit money banks (DMBs) to transition to …