MTN Ditches Commercial Banks To Explore Fintech Alternatives

After its customers were disconnected by banks, MTN 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 dialing *904# and *606#.

READ ALSO: Banks Disconnect MTN Users From Banking Channels On USSD, Bank Apps, Other Banking Channels

“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 https://mtnondemand.flutterwave.com;
• 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.”

On Friday, commercial banks disconnected the telecom giant from using banking channels including the Unstructured Supplementary Service Data (USSD), leaving millions of customers stranded.

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".

MTN, with about 77 million subscribers, making up about 45 percent of the total telecommunication market share in Nigeria, is arguably the largest telecommunication operator in the country.