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MTN Nigeria payments access restored - Mobile World Live 06 APR 2021
Banking institutions restored MTN Nigeria’s access to platforms needed for customer airtime purchases which were temporarily halted in a spat over commission.
Nigerian Minister of Communications and Digital Economy Isa Ali Pantami used Twitter to announce access to the platforms had been restored on 4 April, two days after commencing talks with the Nigerian Communications Commission and the Central Bank of Nigeria.
Bloomberg reported the spat began after MTN cut the commission it pays to banks per airtime transaction from 4.5 per cent to 2.5 per cent. The move resulted in almost all banks removing the operator from their platforms on 2 April.