The Nigerian Communications Commission has directed Deposit Money Banks to start deducting charges for unstructured supplementary service data transactions directly from users’ mobile airtime.

In spite of the suspension order by the government, the controversy continues over MTN’s alert to its customers on the decision to commence end-user billing for banking services conducted through its ...

Cape Town – First National Bank (FNB) says its launch of a new technology system will not see customers on cellphone banking being dumped. The bank this month has announced that its new banking API ...

TELECOMMUNICATIONS Subscribers in the country will now have to spend approximately N7 worth of airtime each time they carry out money transfers on their mobile phones. This is contained in the ...

However, those on USSD (Unstructured Supplementary Service Data) or cellphone banking will not be left behind. “USSD is still one of our largest platforms and most of our users actually use USSD.