Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,162,001 members, 7,849,030 topics. Date: Monday, 03 June 2024 at 01:37 PM

Banks To Charge You For Recharging Via USSD As From October 21 - Phones (3) - Nairaland

Nairaland Forum / Science/Technology / Phones / Banks To Charge You For Recharging Via USSD As From October 21 (43077 Views)

Leaked Memo Shows Banks Asked Telcos To Charge For USSD (pics) / We Didn't Ask MTN To Charge For USSD - Banks / MTN Will Now Charge You For USSD Banking Transaction You Perform (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (Reply) (Go Down)

Re: Banks To Charge You For Recharging Via USSD As From October 21 by passionberry(f): 2:30pm On Oct 20, 2019
Kingsean:
I just received a new msg from MTN. They said it would be 4naira for 20seconds on USSD
same here
Re: Banks To Charge You For Recharging Via USSD As From October 21 by harjay1986: 2:30pm On Oct 20, 2019
charlesELIKIBA:
There was a country....this government really think we are enjoying ourselves.

Filling statuons now charge N50 extra for POS payments plus another N52 for intra-bank charges. That is N102 for every pos transaction.

Una do well.

People always complain abt dis intra - bank charges but yet my Bank dont charge dat

Standard charttered
Re: Banks To Charge You For Recharging Via USSD As From October 21 by Juleedear(f): 2:31pm On Oct 20, 2019
please join recharge and get paid,there is money in Telecom business. Ask me how.
Re: Banks To Charge You For Recharging Via USSD As From October 21 by ostechno(m): 2:31pm On Oct 20, 2019
valentinenw:
From today, it's either I recharge via mobile app, quickteller or I buy from street vendors.

It's either I use apps like opay, quickteller, mobile apps to transfer money or I go to the bank.

That's how Alat charged me #380 to do a ussd transfer of 9k saying its #20 per second billing when using ussd channel and the billing is totally controlled by mtn

Cashless policy my left foot
Soon quick teller self go dey charge
Soon everyone will be charged for everything

1 Like

Re: Banks To Charge You For Recharging Via USSD As From October 21 by Stanweezy(m): 2:32pm On Oct 20, 2019
Then recharge through your RAGP account or contact me if you wants to register with RAGP. For every recharge you do with your recharge and get paid account, you will be paid.
Re: Banks To Charge You For Recharging Via USSD As From October 21 by Nobody: 2:33pm On Oct 20, 2019
temitofa:
USSD airtime recharge option is one of the fastest, (in fact the fastest on some occasions) and the easiest. It also comes in very handy when traveling or stranded in a new location and you are in need of urgent top-up for either data or voice calls.

It is far better than even the banks’ apps and third party apps in terms of convenience, since you do not need to login and go through the hassle of typing a password. USSD does not also requires internet connection to get your airtime topped-up.

In fact, one of thing that makes it preferable to other options is that It is completely free, but that is about to change as banks will soon start charging people for using USSD to top-up.

MTN has started sending SMS to its customers regarding the End User Billing for Bank USSD Services. The SMS reads;



Source

RIP to *777# and others. See how Buhari government is about to kill a good innovation because of tax.

Mallam Musa, give me recharge card joor.

8 Likes

Re: Banks To Charge You For Recharging Via USSD As From October 21 by DesChyko: 2:33pm On Oct 20, 2019
iamoyindamola:
they will charge them too I guess, we will start paying 10 extra

That's true o, Oyinda embarassed

Nice brain. cool

Smart thinking.

If the #10 pays them and MTN at the same time though, I won't mind.
Re: Banks To Charge You For Recharging Via USSD As From October 21 by sacramento1212: 2:33pm On Oct 20, 2019
harjay1986:
Am sorry to say dis , I think My own bank no dey for this set up
1. After withdrawing 3 time on a different ATM there is no billing of N 65.

2. All this una charges no dey reach me

Sometime I begin to see two different Nigerian

Am talking of Standard Charttered Bank

Standard Chartered is a good bank but with limited branches. That's the greatest challenge to bank with them.

5 Likes

Re: Banks To Charge You For Recharging Via USSD As From October 21 by BrainSanitizer: 2:34pm On Oct 20, 2019
temitofa:
USSD airtime recharge option is one of the fastest, (in fact the fastest on some occasions) and the easiest. It also comes in very handy when traveling or stranded in a new location and you are in need of urgent top-up for either data or voice calls.

It is far better than even the banks’ apps and third party apps in terms of convenience, since you do not need to login and go through the hassle of typing a password. USSD does not also requires internet connection to get your airtime topped-up.

In fact, one of thing that makes it preferable to other options is that It is completely free, but that is about to change as banks will soon start charging people for using USSD to top-up.

MTN has started sending SMS to its customers regarding the End User Billing for Bank USSD Services. The SMS reads;



Source

This government be like lizard. E go shiit better shiit come release one white one to take spoil the other one.
People dey hail una say border closure na confam. Now una wan kukuma put chukuchuku for we own people border? Baba whaiiiii!
Abi Judas Iscucumber descendants dey naija?
Una wan redefine democracy as government to off the people, bite the people and fall the people?
Wetin!

2 Likes 1 Share

Re: Banks To Charge You For Recharging Via USSD As From October 21 by SenecaTheYonger: 2:35pm On Oct 20, 2019
seunmohmoh:
I only have my MTN Sim for decoration.

Lol
Re: Banks To Charge You For Recharging Via USSD As From October 21 by sacramento1212: 2:35pm On Oct 20, 2019
ostechno:

Soon quick teller self go dey charge
Soon everyone will be charged for everything

Quickteller charges has always been in place. They charge #100 per transaction except for airtime purchase.

3 Likes

Re: Banks To Charge You For Recharging Via USSD As From October 21 by walex25(m): 2:35pm On Oct 20, 2019
The Minister of Communication has directed that the new charges be suspended, since he wasn't briefed about it.

Link below
https://m.facebook.com/story.php?story_fbid=732351797226522&id=218417365286637

1 Like

Re: Banks To Charge You For Recharging Via USSD As From October 21 by Princedapace(m): 2:36pm On Oct 20, 2019
Additional Tax made Lebanese youths to enter streets. The worse mistake Nigeria ever made was unitary system of govt. It is so hard to protest in Nigeria becus it will surely have ethnic sentiment attached. This is why govt is always having a free day to behave as they like. The shits we take in Nigeria, many citizens in other countries cant take them.

We are tax yet we lack basic everything of life: we dont have electricity, we work so hard to supply alternative electricity for our selves while politicians enjoy electricity using tax payers money for fuel, generator and diesel, both at home and offices. They also get paid for using tax payers money. They even get hardship allowance on top using tax payers money to flex.

We dont even have water, Nigerians dig their own water by them selves. And someone said here that I have low self esteem for saying the reality about Nigeria compared to her mates. Politicians will continue to have a free day while they mess around. Get ready becus more of our girls will prostitute while many youths will take to crime.

8 Likes

Re: Banks To Charge You For Recharging Via USSD As From October 21 by elocas: 2:36pm On Oct 20, 2019
we will survive all of them since they want to put vat on food stuff.
Re: Banks To Charge You For Recharging Via USSD As From October 21 by charlesELIKIBA: 2:36pm On Oct 20, 2019
Just2endowed2:


This government think we haveb excess money I swear

This country has n3ver had it this bad...they have imbibed FEAR in our minds. Its a tactic they used and its working.

Chile, lebanon and Hongkong are all currently protesting matters that are not even half of what Nigerians are enduring.

Hongkong is protesting extradition laws.
Lebanon is protesting increase in tax.
And chile is protesting fare increases also.

In Nigeria...

Sars are killing .
Pos taxes
Banking tax
Border closure
Police brutality
Oppression
Illegal detainment
Tyranny
...the list is endless and YET we are all as calm because we FEAR.


We are just stupid masses led by brilliant leaders.

5 Likes

Re: Banks To Charge You For Recharging Via USSD As From October 21 by harjay1986: 2:36pm On Oct 20, 2019
sacramento1212:


Standard Chartered is a good bank but with limited branches. That's the greatest challenge to bank with them.

100% right bro, even in ogun state only 1 branch, Ibandan 2, and Lagos like 50

1 Like

Re: Banks To Charge You For Recharging Via USSD As From October 21 by Akinh: 2:37pm On Oct 20, 2019
valentinenw:
From today, it's either I recharge via mobile app, quickteller or I buy from street vendors.

It's either I use apps like opay, quickteller, mobile apps to transfer money or I go to the bank.

That's how Alat charged me #380 to do a ussd transfer of 9k saying its #20 per second billing when using ussd channel and the billing is totally controlled by mtn

Cashless policy my left foot
are u aware of the new CBN policy even if u wanna deposit money in bank u pay also, on 3k u pay 100, on 3m u pay 30k...this con3 don finish..

1 Like

Re: Banks To Charge You For Recharging Via USSD As From October 21 by timay(m): 2:37pm On Oct 20, 2019
valentinenw:
From today, it's either I recharge via mobile app, quickteller or I buy from street vendors.

It's either I use apps like opay, quickteller, mobile apps to transfer money or I go to the bank.

That's how Alat charged me #380 to do a ussd transfer of 9k saying its #20 per second billing when using ussd channel and the billing is totally controlled by mtn

Cashless policy my left foot

Banks are trying very hard to make us not patronise them.

Las las na opay app or quickteller app sure pass


Those idiots saw the amount of recharge people make every day via USSD, they now see an opportunity to make more money

2 Likes

Re: Banks To Charge You For Recharging Via USSD As From October 21 by charlesELIKIBA: 2:38pm On Oct 20, 2019
harjay1986:


People always complain abt dis intra - bank charges but yet my Bank dont charge dat

Standard charttered

Luckily for you maybe the receiving bank is Standard Chattered as well otherwise you must be charges N52....
Re: Banks To Charge You For Recharging Via USSD As From October 21 by GreatnessInMind(m): 2:38pm On Oct 20, 2019
I trust our network providers in connivance with the banks and the insensitive government, since the charges are time bound, you will be rest assured that you would spent several minutes to complete just a single transaction that ordinarily would be less than a minute.. Wee don saaa..

Meanwhile hope the charges are only limited to recharging, not other money translations with USSD? My app activated asap.

1 Like

Re: Banks To Charge You For Recharging Via USSD As From October 21 by charlesELIKIBA: 2:39pm On Oct 20, 2019
Akinh:
are u aware of the new CBN policy even if u wanna deposit money in bank u pay also, on 3k u pay 100, on 3m u pay 30k...this con3 don finish..


Naaaa....this is a rumour.it cant happen.
Noooo...tell me its a lie.
Very soon we will be charged for withdrawing money.
Re: Banks To Charge You For Recharging Via USSD As From October 21 by ayogabriel: 2:40pm On Oct 20, 2019
They have been charging since na . Reason why I stopped
Re: Banks To Charge You For Recharging Via USSD As From October 21 by lukui: 2:40pm On Oct 20, 2019
oya start blaming BUHARI


grin
Re: Banks To Charge You For Recharging Via USSD As From October 21 by harjay1986: 2:40pm On Oct 20, 2019
CBN want to monetize everythin now before when you transfer on gtb app the N50 charges goes to GTB buy now the charges is N50 for CBN N25 for Bank
Re: Banks To Charge You For Recharging Via USSD As From October 21 by Emnanuell: 2:41pm On Oct 20, 2019
This is crazy, taxation on every angle. And yet our national debt keeps increasing... so where is the money going? Indeed there was a country

1 Like

Re: Banks To Charge You For Recharging Via USSD As From October 21 by mercyviv(f): 2:41pm On Oct 20, 2019
It doesn't cost me more than the usual trek to procure my recharge card! grin
Meanwhile...
Are you a teacher?
Get FREE access to the best compilation of school lesson notes/plans, curriculum and exams. Visit my signature for details...
Re: Banks To Charge You For Recharging Via USSD As From October 21 by simplywhy(m): 2:42pm On Oct 20, 2019
.

Re: Banks To Charge You For Recharging Via USSD As From October 21 by harjay1986: 2:42pm On Oct 20, 2019
charlesELIKIBA:


Luckily for you maybe the receiving bank is Standard Chattered as well otherwise you must be charges N52....



Only if I use the bank application but for ATM and POS no charges
Re: Banks To Charge You For Recharging Via USSD As From October 21 by lollybizzu(m): 2:42pm On Oct 20, 2019
kushercain:
I just got this

Yello, Please note that from Oct 21, we will charge N4 per 20 seconds for USSD access to banking services. Thank you.

I don't understand as in every 20 seconds they'll be removing N4 or each transact is N4?

It's almost the same thing. Each transaction will last nothing less tham 20 seconds.

So it's like saying 4 naira per transaction. grin

1 Like

Re: Banks To Charge You For Recharging Via USSD As From October 21 by Nobody: 2:42pm On Oct 20, 2019
If you got this message from MTN Raise your hand
Re: Banks To Charge You For Recharging Via USSD As From October 21 by YESpParticipant: 2:43pm On Oct 20, 2019
Meanwhile, the move has just been put to a halt by the federal government

Re: Banks To Charge You For Recharging Via USSD As From October 21 by charlesELIKIBA: 2:44pm On Oct 20, 2019
Princedapace:
Additional Tax made Lebanese youths to enter streets. The worse mistake Nigeria ever made was unitary system of govt. It is so hard to protest in Nigeria becus it will surely have ethnic sentiment attached. This is why govt is always having a free day to behave as they like. The shits we take in Nigeria, many citizens in other countries cant take them.

We are tax yet we lack basic everything of life: we dont have electricity, we work so hard to supply alternative electricity for our selves while politicians enjoy electricity using tax payers money for fuel, generator and diesel, both at home and offices. They also get paid for using tax payers money. They even get hardship allowance on top using tax payers money to flex.

We dont even have water, Nigerians dig their own water by them selves. And someone said here that I have low self esteem for saying the reality about Nigeria compared to her mates. Politicians will continue to have a free day while they mess around. Get ready becus more of our girls will prostitute while many youths will take to crime.

... this country Nigeria scares the hell out of me.

(1) (2) (3) (4) (5) (6) (7) (Reply)

TECNO Blue Valentine's Hangout With Ozo In Computer Village (Photos) / My Experience Using New Age Power Bank / All Nigerian Internet Data Bundle Plans & Subscription Codes

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 45
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.