As partners in the financial inclusion journey, mobile network operators are committed to finding easier ways to bring financial access to all. The registered subscribers on the mobile network can also now access financial and utility services via the mobile network provided by these MNOs. The USSD is the answer to a USSD payment gateway that customers can trust.
To use the USSD code for banking and non-banking operations, the customer does not need to go to the bank for registration. Instead, the journey begins and ends with the USSD code itself on your phone. To start using USSD on your phone, you will need your Biometric Verification Number (BVN) and your activated debit card from your bank.
Some standard banking services we have seen include fund savings, transfer, balance checking, and credit at scale. In addition, the available utility services include electricity, data/airtime recharge, and shopping or payments for solar. As a result, the MNOs can provide mobile payments without barriers through these financial and non-financial services.