According to a myjoyonline.com report, the research focused on the effect of the 1.5% tax on all electronic transfers and how government will rake in money from this E-Levy. The research also looked at how often people use digital financial services accounts, especially mobile money. TWI NEWSIt further highlighted that about 31% of respondents make between 1 to 5 transfers a week. Goverment imposed a 1.5% charge on all electronic transfers above GH¢100. Meanwhile, the charging entities for the E-Levy are telecommunications companies, commercial banks, special deposit-taking institutions and Payment Service Providers (PSPs).

Source: GhanaWeb June 25, 2022 03:44 UTC