Nigerian Banks to Deduct USSD Charges Directly from Airtime

The Nigerian Communications Commission (NCC) has mandated commercial banks in Nigeria to begin deducting charges for USSD transactions directly from customers’ mobile airtime balances, rather than their bank accounts. This shift marks a significant change following the NCC’s implementation of the End-User Billing model and aims to address lingering financial disputes between banks and mobile network operators. 770 is one example of a USSD code that has been mentioned in relation to these changes.