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ECOBANK Stops USSD Charges, Vows To Persuade Other Banks Too

Patrick Akinwuntan

Ecobank Nigeria Limited on Tuesday said it has cancelled charges on its USSD transactions.

Patrick Akinwuntan, the Managing Director of the bank, announced this while speaking at the 4th National Fintech Conference in Lagos.

He said: “For us, at Ecobank we will not charge anybody when you use our shortcode *326# to do financial transactions going forward.

”And I challenge my colleagues in the banking industry and telecommunication companies to do the same thing.

We should not be having a debate of what excludes Nigerians from what I will say is the financial human rights to participate in the economy.”

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