Even Ecobank do charge for their service.

They are trying to confuse us.

Sirmuel1:



Amen. I will also be a Billionaire by this time next year!!!

Amen sir

Xxx123xxx:
..Ussd charges is only new to mtn subscribers i think glo has been charging me #4 each time I use my banks Ussd.

Even Etisalat

Mtn was just nice to have inform subscribers officially

SarkinYarki:
The Buhari govt and it's level of deception is something else , for those of us in the industry there is no way any bank or TELCO can create any charge without express approval of the CBN and NCC ..Can the NCC say it's unaware of this charge , can the CBN governor say he is unaware ? I don't know why the NCC didn't bother to carry the minister of communication along for this as this clearly smacks of insubordination and he should look into it

After rigmaroling and making absolutely no point, you came back to ask why the minister was not carried along. You think the minister just sent that message without verifying how the charge was being initiated? Or do you think if the government was actually responsible, it will not be discussed at FEC? In that case the minister will not have issued such statement. We should learn to be matured in our approach to issues.

contigiency:


After rigmaroling and making absolutely no point, you came back to ask why the minister was not carried along. You think the minister just sent that message without verifying how the charge was being initiated? Or do you think that if the government as it is was actually initiated that charge, it will not be discussed at FEC? In that case the minister will not have issued such statement. We should learn to be matured in our approach to issues.

Keep quiet , I am saying the NCC and CBn are aware of the the charges and if they didn't carry the minister along he should find out why instead of coming here to pretend like the telcos and banks took the decisions themselves ..Neither the bank nor Telco have any reason to ask for the charges , those charges could only have been suggested by the. Buhari govt

SarkinYarki:
The Buhari govt and it's level of deception is something else , for those of us in the industry there is no way any bank or TELCO can create any charge without express approval of the CBN and NCC ..Can the NCC say it's unaware of this charge , can the CBN governor say he is unaware ? I don't know why the NCC didn't bother to carry the minister of communication along for this as this clearly smacks of insubordination and he should look into it

Please I need enlightenment, the Gtb *737#, any time I used it they normally deduct as little as #20.

The so called USSD they are saying now, is it the same thing? If so, GTb & Airtel has been robbing us since all this while o.

Thanks!

Ussd service has always been charged just like text messages.

But the issue here is that MTN has not been charging customers for using Banks USSD codes, instead the banks purchase bulk sessions and are charged from their bulk purchase. However, MTN just implemented new USSD pricing as directed by NCC and the banks wont have it, they rather requested that MTN revert to end user billing which other Telcos have been running since.

So rather than Abuse MTN all vituperations and outrage should be channeled to the Banks who are the real culprits here as they have refused to bear the cost of the service.

So the real question should be, who bears the cost of using the USSD banking codes? The Banks or her customers who access these codes.

Last year 3 banks combined made a profit of almost 250Billion Naira from USSD banking.

For those who dont know, standard USSD charge should not exceed N4.89 as stipulated by NCC (you can verify from their website) However MTN charges N4/per session of 20SECs but the banks deduct N20 anytime you use their code....... Is anyone doing the Maths? So hold your banks responsible for what is going on as they are not willing to bear the cost of the USSD channel .

adenigga:


Please I need enlightenment, the Gtb *737#, any time I used it they normally deduct as little as #20.

The so called USSD they are saying now, is it the same thing? If so, GTb & Airtel has been robbing us since all this while o.

Thanks!

Yes USSD is the same thing *737# and the truth is that it's never been free , you are are always charged for every session but the charges are usually hidden from plainsight not to discourage adoption and usage so the question I asked yesterday was why the announcement now abi is there a new tax of 4 naira per session which they want to mask as a charge

Bank will collect transfer fee, alert fee now ussd. What are they doing with all the money

Lisaint:


Even Etisalat

Mtn was just nice to have inform subscribers officially

Yes you're on point!

Airtel & Gtb on *737#, they do charge me. Ordinary account balance checking, they will deduct.

That alliance is between Telcos, Banks & NCC. I can't fall for ignorance claim of the regulatory body.
Are they not patronising all these banks?

[quote author=adenigga post=83310173]

[font=Lucida Sans Unicode]Please I need enlightenment, the Gtb *737#, any time I used it they normally deduct as little as #20.

The so called USSD they are saying now, is it the same thing? If so, GTb & Airtel has been robbing us since all this while o.

Thanks!


All Telcos apart from MTN charge subscribers when the use bank codes. MTN has traditionally passed the cost to the banks. But they are now pushing back. they actually requested that MTN revert back to charging customers.

good one Pantami.

They're still sending the message jor.......just received it nw from MTN .

the country is in its highest level of confusion now although this is commendable, kudos to the minister for this.

[s]

Commentor:


See FarahAideed oh!

Abeg leave story for David Attenborough.

USSD channel my pinky toe.

[/s]

SarkinYarki:
The Buhari govt and it's level of deception is something else , for those of us in the industry there is no way any bank or TELCO can create any charge without express approval of the CBN and NCC ..Can the NCC say it's unaware of this charge , can the CBN governor say he is unaware ? I don't know why the NCC didn't bother to carry the minister of communication along for this as this clearly smacks of insubordination and he should look into it

I am totally NOT for any politics.

But saying "there is no way any bank or TELCO can create any charge without express approval of the CBN and NCC" is quite naive.

In this case I don't know if such instructions were given by the regulators but Nigerian Banks and Telcos have been known to pilfer from customers.

Where do you think all Complaints of undue charges from banks and undue charges by telcos of customers come from.

3 months ago I personally intervened in the undue charge of over N10000 from my boss— by a Nigerian bank — which was supposed to be an error.

Cheers.

[s]

Commentor:


What industry do you work in other than the propaganda industry?

[/s]

[s]

Commentor:


Shut up Patrick.

Another time you would tell you are an aviator. Yet another time you are an electrical contractor.

[/s]

lol. of course, oga minister u 'll be briefed, in a normal way very soon. but d charges 'll surely continue, after.

princeking2:


I am making millions of Naira next year. Whether Buhari is the President or not. My sufficiency is not tied to this government. All grace abounds towards me.

sure bro! A thoundrous Amen to that bro.

This message and awareness Is only for the large chunk of fools and gullibles of this nation. Only If u gullibles fools knows how much the Elites, Wise, Intellectuals, of this nation are Fleecing u by every Seconds of the day. Most of u will commit suicide Instantly. Who do they think they are fooling? I'm still trying to Figure out why they made this one a public notice lol. Perhaps they were High when they posted It or Perhsps Formular Sharing gone Wrong. This nation Is beyond saying It Is Cursed. If u are still young and aspiring and u came from a poor or a middle classs family. You don't have any backbone or know one or two people that can raise u. I Implore u to hustle hard now and start processing your documents for a better nation. Don't say I didn't warn u. RAGP has exposed all these Thieves even though RAGP too themselves are honest Scammers acting cool for the mean time. Nigeria!!! The Land Of Notorious Thieves And Hardened Rogues.

Asour:



I am totally NOT for any politics.

But saying "there is no way any bank or TELCO can create any charge without express approval of the CBN and NCC" is quite naive.

In this case I don't know if such instructions were given by the regulators but Nigerian Banks and Telcos have been known to pilfer from customers.

Where do you think all Complaints of undue charges from banks and undue charges by telcos of customers come from.

3 months ago I personally intervened in the undue charge of over N10000 from my boss— by a Nigerian bank — which was supposed to be an error.

Cheers.

Over charge is different from from a new charge item e.g your bank can over charge you for SMS alert but you bank can't just create a new charge item ( i.e SMS booster charge ) without explicit approval from the CBN .

Nigerians let's avoid all these ridiculous charges. Take advantage of recharge and get paid and get a percentage of your every USSD transaction returned to you instead of getting charged for USSD.

*Brief presentation of RAGP TELECOM Business*

*Introduction*

Recharge and get paid is not a promo!Recharge and get paid Ltd is a limited liability company incorporated by the CAC in August, 2015 and licensed by the NCC on 22nd March, 2016 to carry out telecommunications business in Nigeria. Recharge and get paid Ltd has also obtained the distributorship licence of all the Four major GSM network providers in Nigeria to distribute their recharge card digitally. As the name implies, it means when u recharge ur own phone, u will be paid cash discount.

*RAGP mission statement*
"To create wealth for the people, through our superb products & unique compensation plan, create employment...."

*Explanation of RAGP mission statement*
- to create wealth for the people. Who are these people? It's simply the 140M Nigerians who are actively using GSM; recharging their phones and subscribing for data since 2001 without cash discount or any form of cash reward.
- RAGP superb products. Our product is recharge card, which almost everyone uses.
- unique compensation plan: for those who can do the networking aspect, which is not compulsory anyway, RAGP has the best compensation plan in Nigeria now.
- Creating employment: so many jobless graduates have found work doing RAGP business.

*Huge Market potential of recharge card in Nigeria*

Nigeria has close to 140M active GSM users, more than 100M out of this are connected to the internet. These 140M people contribute close to #100bn on daily basis through recharging and data subscription. I bought MTN Lumos recently and discovered that one has to use MTN recharge card for subscription to get Light 24/7. Half of this #100bn go to distributors. This is what the banks saw and started selling recharge card through VTU.

*Why U shouldn't recharge from ur bank account*

Many people erroneously believe that their banks don't charge them extra amount when they recharge directly from their account. Let me ask u these following questions:
1. Do u receive SMS alert after recharging, and how many?
2. Even if the SMS alert charges are not debited immediately, do u ever receive SMS debit alert any other time within the month?
Some people also maintain that banks charge for VAT which goes to the federal Govt.
Banks will also earn 5% from ur network provider, this money cud be urs if u are a distributor through RAGP.

*Basic benefits of an investor in RAGP*

1. Registration bonus: 20% when u register in any of the above packages.
2. Power of attorney to refer other people to also get their VTU from RAGP. U can use this power or decline
3. Distributorship licence to distribute the recharge cards of all the GSM network providers in Nigeria.
4. Recharging directly from your network provider.
5. Payment on your personal recharges
6. Payment on when u transfer/sell recharge card to anyone
7. 10% cash discount on data subscription
8. Cheaper cable TV subscription.
9. VTU bonus 10% u can only use this for calls. It's not cash

Note: one doesn't have to refer anyone to get these benefits.

*Additional benefits for active partners*
10. Direct referral bonus: 20%
11. Indirect referral bonus: 10%
12. Daily dividend: u will be earning from the recharge & data subscription of ur direct and indirect down lines for life.
And many more...

Note: active partners are those who create awareness about RAGP telecommunications business to family & friends and dissuade them from recharging through their account or buying paper recharge. Networking is the *21st century business* MTN is using networking to sell their Lumos electricity now. When people go to buy Lumos, MTN will tell them what to benefit when they refer other people to come and buy Lumos too.
To join the WhatsApp group for more info on RAGP pls send a message to this phone number and I would send you the link
07056592308
Or log onto twitter, check out my handle @chiwizzi and click on the link in my bio to be redirected to the RAGP WhatsApp group
Be informed and be liberated

This government no go kee person

SarkinYarki:
The Buhari govt and it's level of deception is something else , for those of us in the industry there is no way any bank or TELCO can create any charge without express approval of the CBN and NCC ..Can the NCC say it's unaware of this charge , can the CBN governor say he is unaware ? I don't know why the NCC didn't bother to carry the minister of communication along for this as this clearly smacks of insubordination and he should look into it

Thank God the communication minister is a God fearing man.This man will rather resign than to follow suit of anything that will smack the commoners.

SarkinYarki:


Keep quiet , I am saying the NCC and CBn are aware of the the charges and if they didn't carry the minister along he should find out why instead of coming here to pretend like the telcos and banks took the decisions themselves ..Neither the bank nor Telco have any reason to ask for the charges , those charges could only have been suggested by the. Buhari govt

And I am educating you that such charges will never come to implementation without it being discussed at the federal executive council. And it's the same minister of communication who will present the memo at the FEC after being briefed by CBN, NCC and other relevant agencies. So long as it was not done like that, then the government is not aware.

Ok




Check my signature for your SOLAR POWER SYSTEM

Without prejudice to whether this particular charge is warranted or not...
Nigeria just cuts-and-pastes regulatory systems seemingly without understanding them.

The NCC (just like the CBN, SEC, NERC, etc.) is meant to be an INDEPENDENT regulator...
Independent regulators are not designed to be running back-and-forth to Ministers for ‘approvals’.

Rather, there are set PROCESSES (including public hearings/stakeholder engagement) that precede such new charges...
Upon completion of such PUBLIC processes, any new charges may thereafter be imposed, subject only to legal challenges.
>

They have been charging me #10 and #20 since. Even to check balance. I have been forced to memorize my balance these days

muzically:
Na today? Them don dey charge me since

https://www.nairaland.com/5459225/banks-now-charge-checking-account

Alat.... Right

goodnewscliff:
Alat.... Right

Yeah