adioolayi:
Wahala dey.....They will still lose millions of transactions.

How many people are on those platforms or are ready to download the apps

USSD links with Bank Account is the most common and very easy to use for Nigerians.


Anyways, it's trade war, let's see who wins.


MTN giving Nigerian subscribers opportunity to reactive , recharge their abandoned alternative (Glo, Airtel, 9mobile) lines

nextstep:
Of course this is a nice move... the banks need to have competition.
On the other hand, guess what's going to happen when you need to put Naira into a fintech account, or take it out.

Erastuslove:
Type *904# and they will ask for card number? What they mean please?

EmptyGarden:
On this matter, I stand with the Banks. MTN useless!

donproject:


It is reported that they reduce the commission they give to those banks from 3.5% to 2.5%, that is the course of the problem, nothing hidden anywhere.

valentineuwakwe:

https://punchng.com/ussd-war-mtn-snubs-banks-links-77-million-subscribers-to-fintech-platforms/

Alejoas:
Let us see who blinks first! Fintech are waiting to pounce on any shortcoming of the banks. Customer is king and i expect mtn to have the upper hand because there are alternatives to the bank but difficult to move to other network. I have ten to twenty fours hours external battery for laptop for sale. You will be impressed!.

DelTel:




Quite interesting to see people support MTN on this, has MTN reduced calls or data rates or any of their services to justify the reduction in commission rate.

What reason(s) has MTN provided to reduce commission arbitrarily whereas other Telcos didn't.

The new platforms they are promoting are just smokescreens, MTN has agenda they are working on to push everyone out of the market. While I am less bothered about the banks, I am for the SMEs (or are you unaware roadside, paper-based and e-recharge commission is also affected).

The same matter is brewing with electricity companies, they keep reducing commission for SMEs whereas the electricity rate keeps going up.

MTN don't want anyone to make money in their space (every unit in MTN boost of cost reduction), whereas same MTN is encroaching other market space i.e selling inverter.

How a South African company plans to kill SMEs and Nigerians are in support baffles me.

LarryA1:
so the summary of the whole thing be say na 1.00 naira cause the matter

EmptyGarden:

So it was the owing that necessitated commission reduction?

MASTAkiLLAh:
Good one from MTN, the greedy banks can go suck a rhino's díck

Taku555:
What do you mean by greedy Banks? Do you really understand what is happening? Before, the only share MTN banks get was 4% out of the recharge but now MTN wants banks to take half of what they get formerly. If you were the one, would you accept?

LagBlogger:
Banks will lose while fintechs will grow rapidly

MASTAkiLLAh:
Good one from MTN, the greedy banks can go suck a rhino's díck

PrimadonnaO:
Time for JumiaPay to shine.

I'm finally going to respond to their many unsolicited mails asking me to recharge via their platform.

nextstep:
Of course this is a nice move... the banks need to have competition.
On the other hand, guess what's going to happen when you need to put Naira into a fintech account, or take it out.

DelTel:




Quite interesting to see people support MTN on this, has MTN reduced calls or data rates or any of their services to justify the reduction in commission rate.

What reason(s) has MTN provided to reduce commission arbitrarily whereas other Telcos didn't.

The new platforms they are promoting are just smokescreens, MTN has agenda they are working on to push everyone out of the market. While I am less bothered about the banks, I am for the SMEs (or are you unaware roadside, paper-based and e-recharge commission is also affected).

The same matter is brewing with electricity companies, they keep reducing commission for SMEs whereas the electricity rate keeps going up.

MTN don't want anyone to make money in their space (every unit in MTN boost of cost reduction), whereas same MTN is encroaching other market space i.e selling inverter.

How a South African company plans to kill SMEs and Nigerians are in support baffles me.

pmc01:


Let me see

Alejoas:
Let us see who blinks first! Fintech are waiting to pounce on any shortcoming of the banks. Customer is king and i expect mtn to have the upper hand because there are alternatives to the bank but difficult to move to other network. I have ten to twenty fours hours external battery for laptop for sale. You will be impressed!.

SanctifiedSista:
I pray this JESUS CHRIST resurrect the brains of these organisation and help them settle amicably



Happy Easter, congratulations to everyone

Codes151:
you don't read

bcomputer101:
MTN will loose this fight.




Let dem continue with their initial gragra.
Most Nigerians knows little or nothing about Flutterwave, Jumia Pay, OPay, Kuda, Carbon and BillsnPay.

I stand with banks on this.

edoairways:

bcomputer101 is right. Most Nigerians find it convenient to recharge via ussd code via their banks.

LagBlogger:
Banks will lose while fintechs will grow rapidly

airsaylongcome:


That shouldn't be a problem. Fintech's will just get a USSD