The Mobile Money Agents Association of Ghana has threatened to withdraw its services following the passage of the 1.5% Electronic Transfer Levy [E-Levy].
According to them, there was a sharp decline in the use of mobile money transaction right after the passage of the policy.
Speaking with Citi News, the General Secretary for the association, Evans Otomfuor said, “we may be tempted to withdraw our services because the service already is not all that lucrative.”
He went further to say that, the possibility of their members quitting the job is very high. This is because the income they would get would be very less to even cater for three square meals per day.
The Electronic levy, which was amended from 1.75 percent to 1.5 percent on Tuesday, March 29, 2022, will be a tax on electronic transactions, which includes mobile money payments.
The charge will apply to electronic transactions that are more than Ghc100 daily.
