It is a crime to reject MoMo because of E-Levy – Deputy Finance Minister cautions business owners

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John Kumah

Hon. John Kumah, the Deputy Minister of Finance, has warned businesses against their rejection of payments for goods and services through Mobile Money (MoMo0 following the implementation of the Electronic Transaction Levy, also known as E-levy.

Sections of the Ghanaian public have complained that some businesses have begun rejecting electronic payments at their premises to avoid the new 1.5% transaction fee it attracts.

Anita Sefa Boakye, daughter of the owner of Anita Hotel, has reportedly ordered workers at her filling Station to decline payment for fuel products via Mobile Money (MoMo).

Anita Sefa Boakye

Following the implementation of the Electronic Transaction Levy (E-Levy) by GRA, some businesses in Ghana have taken strict measures to avoid incurring costs at expense of their operations.

By so doing, some business owners have ordered their employees not to accept electronic payments made via the Mobile Money platform which exceeds the GHC100 threshold that attracts a fee of 1.5 percent.

Adakabre Frimpong Manso, a radio broadcaster at Neat FM, shared his horrible experience at a filling station owned by Anita Sefa Boakye at Ejisu in the Ashanti Region.

He disclosed that he was returning to Accra after a long weekend in the Region when he stopped by the filling station to buy GHC200 of fuel, only to be told by an attendant that their madam has warned them not to accept MoMo.

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Responding to the complaints during an interview, the minister and current Member of Parliament for Ejisu said rejecting any form of electronic payment because of the new tax measure introduced by the government is a criminal offence.

John Kumah intimated that the E-levy has come to stay thus, the earlier businesses and Ghanaians, in general, accept the reality, the better.

Read Also >>> E-LEVY: IT IS NOT CRIMINAL TO REJECT MOMO AS PAYMENT FOR GOODS AND SERVICES – BENARD ODURO NYARKO

He urged Ghanaians to comply with the new directive to support the government’s strategic economic recovery plan aimed at providing a better living standard for all.

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