Telecom operators under the aegis of the Association of Licensed Telecommunications Operators of Nigeria (ALTON) have again threatened to withdraw the Unstructured Supplementary Service Data (USSD) from Deposit Money Banks (DMBs) as debt owed to the telcos over the service hits N200bn.
The USSD is a service provided by telecommunication companies to banks that allows bank users to transact financial businesses like cash transfer, checking of balance and buying of airtime directly from their bank accounts.
The fracas between the telcos and DMBs will be entering its fifth year by 2024 without any headway in sight for a major truce.
