Customers groan as Opay, Moniepoint, others commence deduction of Electronic Money Transfer Levy

Many customers of Financial Technology (Fintech) companies like Opay, Moniepoint, Palmpay and others woke up to notice of the commencement of the deduction of N50 Electronic Money Transfer Levy (ETML) on Monday.

This has triggered a fresh outcry from the customers.

Contrary to the position of many customers, the ETML is not new to the country’s financial landscape.

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