MTN names CWG’S BillsnPay, others as alternative airtime Top-up channel as banks disconnect telco channels
Following the shutting down of the use of Unstructured Supplementary Service Data (USSD) by banks in Nigeria against MTN Nigeria subscribers, the telecom company has decided to open up alternative fintech platforms, where its subscribers can easily recharge their phones.
One of such platforms is the CWG’s bill presentment platform, Billsnpay, which hitherto gives Nigerians the ease to recharge their phone or even buy data. The platform can also be used for estate levies, school fees, contributions, donations, and fundraising initiatives.
The selection of Billsnpay is also coming barely 24 hours after CWG announced a two percent Airtime purchase discount on the platform, stressing that the discount is part of its effort to help drive the federal government cashless economy policy.
“With Billsnpay, you can buy airtime with ease, in a flash and from any service provider of your choice. You spend less and save more because all airtime purchases attract a two percent discount on the platform,”CWG Africa
Meanwhile, MTN has said the selection of alternative platform like the Billsnpay is for the benefit of its customers who have been greatly inconvenienced by the service suspension from the banks.
The CWG’s BillsnPay is a bills presentment and payment platform designed to support the semi-formal sector by ‘formalizing’ the payments value chain. The solution seeks to transform the ‘paper-based/bank-alert-based’ transactions validation system that is common to a proper digital receipt that can be tendered in a court of law.
The platform can be used for estate levies, school fees, contributions, donations, faith-based payments and fundraising initiatives.
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