GHANA ONLINE MTN reduces P2P MoMo transaction charge by 25% in Ghana 1 month ago Adeleye Awakan Post Views: 97 MTN Ghana has taken a customer-friendly decision to reduce charges for all Person to Person (P2P) Mobile Money (MoMo) transactions. The decision has been taken to cushion Mobile Money users amid the Electronic Transaction Levy (E-Levy) implementation, seeing Ghanaians paying more for transactions. In a message to customers, MTN Ghana says P2P transactions that used to attract a 1% charge will now come with a 0.75% charge. Meanwhile, the payment of GHS10 for transactions GHS1000 and over is now capped at GHS7.5. “Y’ello Valued Customer kindly is informed that MTN has reduced its P2P MoMo transaction charge by 25%, from 1% to 0.75%. Transactions above Ghc1000 are also capped at GHS7.5,” – parts of an alert sent by MTN Ghana to customers. “Please note that P2P transactions up to Ghc100 on all networks are free from E-levy. Keep using MoMo for the convenience and safety it offers. Thank you.” – It adds, Through the Ghana Revenue Authority (GRA), the government of Ghana commenced the Electronic Transaction Levy (E-Levy) implementation on Sunday, May 1, 2022. All daily transactions beyond GHS100 attract a charge of 1.50%. Of course, the customer-friendly approach from MTN plays a pivotal to the betting and gaming industry, which has been a marvel in recent times with the new contentious tax on stakes and winnings by the Ghana Revenue Authority (GRA). However, the association of sports betting operators in the country kicks against such a move, though it is still a contentious decision between the GRA and operators. Mobile money penetration in Ghana has been the bedrock of success for online betting and gambling in the country, and it is the first choice for bettors to deposit through their favourite sportsbooks. Adeleye AwakanAuthor E-play Africa, sports betting reviews, thoughtful leardership articles in Africa gambling industry, marketing gaming platforms in Africa with strong networking relationship with gaming operators in Africa, Expertise in PR, marketing communication, and consultant on gaming in Africa. Facebook Twitter LinkedIn Email Print Tags: Ghana, mobile money, MTM Continue Reading Previous Kenyans top global uptake of mobile money-based app loansNext Rajbet online casino launches, powered by Slotegrator More Stories ONLINE SOUTH AFRICA Can You Play Hollywoodbets Casino on Mobile? 2 days ago Iwo Bulski ONLINE WORLD NEWS BI systems — how to automate business decision-making in iGaming 4 days ago Iwo Bulski ONLINE SOUTH AFRICA The Central African Republic Bets Big On Bitcoin 5 days ago Szarlot ONLINE WORLD NEWS Gambling in Asia — Slotegrator’s analysis of opportunities for 2022 1 week ago Samuel ONLINE WORLD NEWS Pragmatic Play seeks heavenly favour in Queen of Gods 1 week ago Iwo Bulski ONLINE Saudi investment in gaming 1 week ago Iwo Bulski NIGERIA ONLINE Towards robust cyber security for Nigeria 1 week ago Samuel ONLINE WORLD NEWS How to increase your online casino’s audience — a guide from Slotegrator 2 weeks ago Iwo Bulski ONLINE WORLD NEWS Playson Agreed to Power Inbet with Innovative Slots 2 weeks ago Szarlot ONLINE WORLD NEWS Slotegrator is going to IGB Live 2 weeks ago Iwo Bulski BETTING GHANA Is Sports Betting Legal In Ghana? 2 weeks ago Szarlot GAMES ONLINE Wazdan cranks up the temperature in Sizzling Eggs™ 2 weeks ago Iwo Bulski Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.