submitted over 1 year ago by uzong
- In the first half of 2024, Nigeria saw a significant increase in transactions using USSD codes, totaling N2.19tn across 252.06 million transactions, showing the importance of this service for financial inclusion, especially in areas with limited internet access.
- However, the sustainability of USSD transactions has been threatened by a debt issue of over N250bn, with efforts being made to address this challenge, while other electronic payment methods like ATM and point-of-sale transactions are also growing in popularity in the country.
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