Establishing framework on USSD for banks

by | September 13, 2017 1:35 am

In furtherance of its mandate for the development of the electronic payments system in Nigeria, the Central Bank of Nigeria (CBN) last week issued exposure draft of regulatory framework for Unstructured Supplementary Service Data (USSD) for the financial system. The framework seeks to establish the rules and risk mitigation considerations when implementing USSD for financial…

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