What is USSD?
USSD stands for unstructured supplementary service data. It is a technology that allows people to access banking services using quick codes, whether or not they have a smartphone or internet connection. The USSD technology is used by the GSM network provider to communicate with the service provider’s platform.
What are the benefits of USSD?
- Secure, data is neither stored on the mobile phone nor the application.
- Cost effective.
- User friendly.
- Concludes transactions quickly.
- Can be used on any phone.
How can I register for USSD?
To register for Bayport Financial Services USSD, dial *7878# and follow the instructions on the screen. You will need to create a 4-digit PIN and confirm it.
What can I do with USSD?
- Check your account balance.
- Transfer money to other Bayport accounts or mobile wallets.
- Transfer money to other domestic bank accounts.
How much does USSD cost?
USSD is free to register and use. However, you may incur standard network charges for dialing the USSD code. You may also be charged transaction fees depending on the type and amount of transaction you perform.
How secure is USSD?
USSD is encrypted and therefore secure. You need to enter your PIN every time you use the service.
You should never share your PIN with anyone or write it down. If you suspect any fraudulent activity on your account, contact Bayport Financial Services immediately.