The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have proposed measures to curb failed airtime and data purchase transactions, including instant reversals, real-time transaction tracking, and mandatory suspension of transactions during network downtimes.
However, this was contained in an exposure draft of a joint CBN–NCC framework, dated February 5, on failed airtime and data transactions, released on Monday.
….stay tuned for more!