MTN Nigeria Explores New Electronic Payment Method

CBN has granted approval for MTN to begin banking operations as Momo PSB

MTN Nigeria is now exploring other electronic payment platforms for its customers to recharge their phones.

The mobile network operator announced that customers can now recharge airtime through payment solutions platforms such as Flutterwave, Jumia Pay, OPay, Kuda, Carbon, and BillsnPay.

It also said in its statement issued by its Senior Manager, External Relations, Funso Aina, that customers could recharge airtime by dialling *904# and *606#.

“It will interest you to note that for the benefit of our customers who have been greatly inconvenienced by the service suspension, we now have alternative channels of accessing MTN services electronically.

Below is the list and links to access the various alternative platforms:

  • MTN On Demand is on *904# and also via;
  • Barter By Flutterwave (app);
  • Jumia Pay (app);
  • OPay (app);
  • MTN Xtratime airtime loans (*606#);
  • Carbon (app);
  • Kuda (app);
  • BillsnPay (app and web);
  • myMTN Web
  • Momo agent *223#

The Apps can be downloaded from the Playstore and the Appstore.

Recall that on Friday, April 2nd, 2021 commercial banks disconnected the telecom giant from using banking channels including the Unstructured Supplementary Service Data (USSD), leaving millions of customers stranded.

MTN with over 77.35 million subscribers, according to the latest industry statistics from the Nigerian Communications Commission had reduced the banks’ commission from an average of 3.5 per cent to 2.5 per cent which predicated the actions of the banks.

The banks had written MTN to revert to the old commission, otherwise, they would block MTN airtime in all their channels.

The banks, except Zenith Bank which was connected directly to MTN, subsequently blocked MTN from their banking channels, leaving many MTN subscribers frustrated as they were unable to recharge airtime via USSD amid the Easter celebrations.

Nigeria’s Minister of Communication and Digital Economy, Isa Pantami, announced on Twitter that the government was in talks with both parties to resolve the feud and restore and that the dialogue was now at an “advanced stage”.