
Central Bank of Nigeria
Use of Unstructured Supplementary Service Data (USSD) in the Nigerian Financial System
- Author
- Central Bank of Nigeria
- Year
- 2018
- Pages
- 6 pages
This framework establishes requirements for the use of USSD in Nigerian financial services, covering participating entities, eligibility for unique short codes, encryption and secure transmission, customer authentication, transaction limits, behavioural monitoring, customer notifications, opt-in and opt-out controls, dispute resolution, service-level agreements, and sanctions for non-compliance.