We started with the first now. The details of the agreement and SLA have been fine-tuned and signed off. We will have more banks be migrated.
Gbenga Adebayo, the chairman of the Association of Licensed Telecoms Operators of Nigeria , says the migration of banks to the new end-user billing system for the unstructured supplementary service data is underway.
Speaking during a session with the MTN media innovation programme alumni on Thursday, Adebayo said the migration of banks to the new end-user billing system is progressing in phases/.He said more banks will join the platform in the coming days, as the agreements and service-level arrangements have been finalised.signed off. We will have more banks be migrated,” Adebayo said.
“N180 billion was the outstanding debt as at January. We have 18 banks of interest who had outstanding payment before we developed what is called the API,” he said. “I am glad to say that out of the 18, one didn’t have any pre-API, one is insolvent, I think that is Heritage Bank. So we have 16 of them and out of the 16, 13 have fully paid outstanding.
“The remaining three opted for installmental payment and are just about paying the last part if they have not paid as of today. So it will be safe to say that a significant part of the debt has been paid.numbers, I think we are good. In terms of fulfilment, I think we are good.”N32 billion — out of N72 billion — from banks as part of payment for the USSD debt.
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