Connect with us

Market

MoMo transactions hit GH¢1.527 trillion

Published

on

The month of October 2023 saw the highest mobile money transaction value, totaling GH¢179.2 billion.

Despite this performance, it remains uncertain whether the government is meeting the Electronic Transfer Levy (E-Levy) target for 2023.

The government had previously reduced the tax rate on electronic transactions from 1.5% to 1.0% on January 11, 2023, with ongoing discussions about the possibility of further reductions to promote compliance.

 

Source: classfmonline.com

Trending

WP Twitter Auto Publish Powered By : XYZScripts.com