- The commencement of the N50 Electronic Money Transfer Levy (EMTL) has attracted a myriad of directions
- The development came as fintech firms such as Opay, Palmpay, Moniepoint, and others began the EMTL charge this month
- However, some transactions are exempted from the EMTL charges, including transfers under N10,000 and those within the same financial institution
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
Nigerians have reacted to the commencement of the N50 Electronic Money Transfer Levy (EMTL) on transactions in financial technology companies such as Opay, Palmpay, Moniepoint, and others.
