KongaPay enforces N50 levy on transfers

Punchng | 17-02-2025 12:43pm |

Nigerian mobile payment platform KongaPay said it will begin charging a N50 levy on electronic transfers of N10,000 and above into personal accounts from February 20, in compliance with a Federal Inland Revenue Service regulation. The company, in a notice to users, said the charge is mandated under the Electronic Money Transfer Levy Regulations, 2022, Read More

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