The Nigerian Communications Commission (NCC) has announced a new policy that allows customers to pay their USSD fees to banks using airtime. This initiative aims to simplify the payment process and enhance financial inclusion across the country.

With this new arrangement, customers can now use their mobile airtime to cover charges for banking services accessed via USSD codes. This move benefits millions of Nigerians, especially those without access to traditional banking methods.

NCC officials explained that they made this decision in response to feedback from consumers concerned about the convenience of banking services. By enabling airtime payments, the NCC hopes to streamline transactions and lessen the financial burden on customers.

This policy encourages more individuals to engage with digital banking, as it eliminates the need for cash or direct bank transfers for USSD service fees. Overall, it aligns with the NCC’s goals of promoting digital literacy and expanding access to financial services in Nigeria.

Banks must prepare to implement this policy and ensure their systems can handle airtime payments efficiently. Customers will soon receive detailed information on utilizing this new payment method, making banking services more user-friendly.

As the NCC rolls out this initiative, it marks a significant step toward enhancing the banking experience for Nigerians. Ultimately, this change fosters greater financial inclusion and accessibility for all.