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CBN, NCC Set to Fix Airtime and Data Wahala, No More Failed Transactions!

My people! E be like say CBN and NCC don finally hear our cry for beta network issues wey dey make us dey vex anytime our airtime or data no go fit show after we don pay. Dem don drop new framework wey go help us get our money back quick-quick!

This new wahala be everything wey concern failed transactions. Dem define am as anytime wey dem go debit our account but we no fit use the airtime or data wey we buy. Na serious matter o! Dem say all stakeholders for this airtime and data game – banks, mobile network operators (MNOs), and merchants – go get automatic system wey go refund us anytime things no go as planned.

Chai! E see as e be now? If network gbege happen and transaction no process within ten minutes, dem go suspend all airtime and data transactions. Meanwhile, we go dey get alerts sharp-sharp. See eh, if dem collect our money when service no dey, na wetin dem go do? Straight refund, straight-up!

Even better, dem don talk about Central Monitoring Dashboard wey go allow everybody track transactions in real-time. This one go dey clear the confusion wey dey when banks and telcos dey blame each other for the wahala wey we dey face. Na so we go fit see everything wey happen for our transactions without stress.

Omo! This framework go make dem dey return our money within 30 seconds if any transaction fail. So, if we enter bank or buy online and e no work, no shaking! Our money go land back for our pocket fast-fast.

The new law na serious step to boost consumer trust. We don face plenty wahala for this airtime market, but thanks to CBN and NCC, dem dey ready to make am easy for we the customers before dem start to collect our money again.

For big amounts, like if you dey try buy airtime wey pass N20,000, you go need swear affidavit before dem fit give you back your money if problem show. But for small-small amounts, like N1000 to N20,000, the network go just need the consent of the person wey receive the airtime before dem go fit process any reversal.

All this wahala no go dey happen again as dem don already report say banks and telcos go share their success and failed transaction reports every day! This one go really help to put things for order and check who dey misbehave. If dem catch you waka anyhow, penalties go follow.

So my people, make we prepare for this change as dem dey finalize this framework and we go fit catch beta experience for airtime and data transactions soon!


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