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Businesses start rejecting mobile money payments because of E-levy

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Businesses start rejecting mobile money payments because of E-levy

Things have been going astray as some businesses in Ghana have stopped accepting mobile money because of the E-levy placed on electronic transactions.

Recall, the Financial Minister Ken Ofori-Atta introduced the E-levy which will be placed on transactions during the presentation of the 2022 budget.

FKM760_WUAMy3w8 Businesses start rejecting mobile money payments because of E-levy

According to Ken Ofori-Atta, a 1.75 E-levy will be placed on electronic transactions including mobile money and others.

These E-levy became an issue in Ghana which resulted in a fight in parliament during the passage of the E-levy.

Recently, some businesses in Ghana have started rejecting the use of mobile money in payment because they think the e-levy will collapse their businesses.

Check the photo below:

FKM760_WUAMy3w8 Businesses start rejecting mobile money payments because of E-levy

Source: Docupdates.com

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