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Billions At Stake As Nigerians Pay For Failed USSD Transactions - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessBillions At Stake As Nigerians Pay For Failed USSD Transactions (11239 Views)

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Re: Billions At Stake As Nigerians Pay For Failed USSD Transactions by bluefilm: 10:24am On Sep 15, 2025
This is one of the reasons why I will continue to stick with OPay

May God continue to bless OPay
Re: Billions At Stake As Nigerians Pay For Failed USSD Transactions by OgundeleT(m): 11:13am On Sep 15, 2025
That one is even little compared to stamp duty. If you make a transfer and the money was reversed, you will pay 50 for getting the reversal back if the money is above 10k
Re: Billions At Stake As Nigerians Pay For Failed USSD Transactions by mcdokwe(m): 11:15am On Sep 15, 2025
The singular reason I don't use ussd
Re: Billions At Stake As Nigerians Pay For Failed USSD Transactions by mcdokwe(m): 11:16am On Sep 15, 2025
bluefilm:
This is one of the reasons why I will continue to stick with OPay

May God continue to bless OPay
Same applies to opay if you use ussd
Re: Billions At Stake As Nigerians Pay For Failed USSD Transactions by InsteadOf: 11:16am On Sep 15, 2025
Twoclans:
It's serious scam and stealing from the low income masses .People use USSD as an alternative when the bank apps are acting up or when card usage is not possible.

There is also a massive low income bracket that do not have access to an internet enabled phone that rely on ussd.Those are the people that are been scammed of their hard earned stipends.

It's equally unfortunate that they won't even have access to a platform like this to air their experiences.

I hope the authorities look into it and get it sorted out soonest.
The Only Way We Can Make The Authorities To Look Into This Issue Is To Create An Online Petition For Them.


We Need To Roar Our Efforts And Intentionality To Ending This Broad Day Light Thefts Which Some Bank-Telecommunication Cabals Think They Can Subject A-lot Of IGNORANT AND POWERLESS Nigerians Into.



Nairaland Is The Place To Start Anything Meaningful In Nigeria.

Hence,
We Should Take This Matter Seriously By Starting Up A Petition About It Online.


We Will Raise The Volumes Ourselves Directly To The X Handles Of All The National Broadcasting Commission (NDC) And Relevant Bodies Of The Government Of Nigeria.

With The Right Hashtags,


It's That Easy To Start Breaking Their WINGS!
Re: Billions At Stake As Nigerians Pay For Failed USSD Transactions by OvertheTop(m): 11:25am On Sep 15, 2025
DrFunmisticGlow:
I think the Telcom should be sued for failed transactions, not the banks.

Using the analogy above, If you go to 7 ATM ls with no money, you won't be charged. But the Telcom are charging for every transaction. Let's bleed these Telcom dry
You dont understand the Analogy....

it means you will Pay Your Driver(= USSD Charge). Even though the Transaction failed at the ATM
it is the fault of the Bank ONLY.
you cannot Deny paying your Driver because you did not get Money at the ATM.
That is the point. and it's Logical
Re: Billions At Stake As Nigerians Pay For Failed USSD Transactions by Justme556(m): 11:37am On Sep 15, 2025
This corntree is so frustrating and stupidly difficult for decent citizens
Re: Billions At Stake As Nigerians Pay For Failed USSD Transactions by bluefilm: 12:02pm On Sep 15, 2025
mcdokwe:
Same applies to opay if you use ussd
Why would I still use USSD when I have the OPay app?
Re: Billions At Stake As Nigerians Pay For Failed USSD Transactions by maasoap(m): 12:20pm On Sep 15, 2025
fineboynl:
Like as I said before. This ussd charge is nonsense. If they have to chatge at all it should be per hour or per day. This every attempt is nonsense. It was the same reason the banks didn't pay telecon because of failed transactions. but this tinubu government is only interested in taxes. the problem is very clear that it's not their fault that the transaction failed but there should be a mechanism to calculate and determine each successful transaction otherwise it should be per hour or per day.
It should be per complete transaction and that's what they are mandated to do. But you know Nigerian business environment, everyone is just looking for who to fleece.

Banks wouldn't remit to telecoms. Long battle. At the end of the day, telecoms are told to charge subscribers directly. And now, telecoms have seen another new opportunity to be fleecing Nigerians
Re: Billions At Stake As Nigerians Pay For Failed USSD Transactions by miracle002(m): 2:33pm On Sep 15, 2025
MorataFC:
The problem is not from the bank and besides they have anything to gain from fail USSD transaction it is the telecom company that have it all
They collect a percentage from the USSD
Re: Billions At Stake As Nigerians Pay For Failed USSD Transactions by Rexymania(m): 3:25pm On Sep 15, 2025
AngelSlay:
What's FCPC doing about it. We are damn to docile in this part of the world
It's because we are divided by ethnicity and religion
Re: Billions At Stake As Nigerians Pay For Failed USSD Transactions by Rexymania(m): 3:26pm On Sep 15, 2025
ORLAHOLUWA:
I swear especially access bank they kill deducting 6 after each fail USSD
Una still dey use access? Lol
Re: Billions At Stake As Nigerians Pay For Failed USSD Transactions by Eniolohunda: 3:54pm On Sep 15, 2025
Honestly, living in Nigeria is hard. Imagine a teacher wanted to send 10k, eventually lost almost 30k with no hope of getting it back on time? Isn't that frustrating enough.
Re: Billions At Stake As Nigerians Pay For Failed USSD Transactions by pook(m): 4:49pm On Sep 15, 2025
They should thank God that it is not their money that was deducted but just the charges, I was thinking that it was something serious.
Re: Billions At Stake As Nigerians Pay For Failed USSD Transactions by LAxYMAN(m): 9:47pm On Sep 15, 2025
Naija my country, Telecom and bank dey beef, one owe the other one and e no gree pay.
Government people think up solution............... Boom, na we dey pay grin
Re: Billions At Stake As Nigerians Pay For Failed USSD Transactions by mcdokwe(m): 10:22pm On Sep 16, 2025
bluefilm:
Why would I still use USSD when I have the OPay app?
A lot of people have bank apps and still use ussd.

Reasons could vary from poor network or no data.

The problem under discourse is ussd charge despite failure.

Thank you
1 2 Reply

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