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GRA sneaks in addition E-Levy that threatens financial inclusion

Techgh24 can confirm that come October 1, 2022, e-levy will be applied to all pay outs on the platforms of payment services providers (PSPs), and that gravely threatens financial inclusion. The Ghana Revenue Authority (GRA) has directed the charging entities to apply e-levy to all pay outs that go through…

UK banks to shut down mobile payment service Paym, lessons for GhanaPay?

Paym, the mobile payment service launched by fifteen of the UK’s biggest banks and building societies, is shutting down after an eight-year battle to keep abreast of changing consumer trends and technology. Launched in April 2014, Paym enable users to transfer payments through their banking app to any other account…

Vodafone Cash to shutdown 12 hours for maintenance

Vodafone Ghana has announced that its Vodafone Cash platform will be shut down for 12 hours, between 9pm tonight, August 7 to 9am on Monday, August 8, 2022 for a schedule maintenance to further improve the service. This is the second time the telco is undertaking this exercise this month.…

Rwanda to begin MoMo Interoperability March 15

Effective March 15, customers of different mobile money service providers in Rwanda will be able to transact with each other by making direct payments from different mobile money wallets, according to sources in the Eastern African country.  This comes after a resolution was adopted by the only two telecom operators…

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