Accounts Exempted from FG’s Electronic Money Transfer Levy as PoS Operators Begin New Charges

Accounts Exempted from FG’s Electronic Money Transfer Levy as PoS Operators Begin New Charges …C0NTINUE READING HERE >>>

The commencement of the N50 Electronic Money Transfer Levy (EMTL) has attracted a myriad of directionsThe development came as fintech firms such as Opay, Palmpay, Moniepoint, and others began the EMTL charge this monthHowever, some transactions are exempted from the EMTL charges, including transfers under N10,000 and those within the same financial institution

Henzodaily.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

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