THE Association of Licensed Telecommunications Operators of Nigeria (ALTON) has threatened to stop Unstructured Supplementary Service Data (USSD) services because banks have failed to pay for services rendered. According to the ALTON President, Gbenga Adebayo, who spoke at an ICT conference in Lagos on Thursday, the debt has now risen …
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Telcos accuse banks’ CEOs of lying over USSD charges
Telecoms companies on Tuesday accused banks of converting the Unstructured Supplementary Service Data (USSD) channel, which should be a service channel dedicated to promoting financial inclusion, into a revenue line. In a letter addressed to the Body of Banks’ Chief Executive Officers (BOBCEOS), the telcos, acting under the aegis of …
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