Ghana: Bank of Ghana Blocks MTN Mobile Money Transfer Fee

Ghana: Bank of Ghana Blocks MTN Mobile Money Transfer Fee

The Bank of Ghana suspended a proposed 0.75% fee on mobile money-to-bank transfers by MTN Ghana's fintech unit, stopping the charge before it was set to take effect on June 1.

Minority Leader Opposes Wallet to Bank Transfer Levy

NewsGhana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/minority-leader-opposes-wallet-to-bank-transfer-levy/Minority Leader Alexander Afenyo-Markin has opposed proposed wallet to bank transfer charges, urging the Bank of Ghana (BoG) to halt the 0.75 percent levy until Parliament grants explicit approval. He also called on the Attorney General to issue a formal opinion on the constitutionality of the charge…

Afenyo-Markin: Minority will use every constitutional avenue to 'kill' 0.75% wallet-to-bank transfer fee

Minority Leader, Alexander Afenyo-Markin has strongly opposed the proposed wallet-to-bank transfer charges, calling on the Bank of Ghana to halt any attempt to implement the levy until Parliament grants explicit approval.

Ghana's MoMo Fee Controversy: What You Need To Know

MTN's proposed wallet-to-bank charge lasted less than a day before the Bank of Ghana blinked — but not before parliament erupted The post Ghana’s MoMo Fee Controversy: What You Need To Know appeared first on Tech Labari.

Proposed 0.75% MTN wallet-to-Bank transfer charge is not a government fee — MoMAG

The Executive Member in charge of Operations, Research and Implementation at the Mobile Money Advocacy Group Ghana (MoMAG), Stephen Quarcoo Gorman, has criticised the handling and communication of the proposed 0.75 percent wallet-to-bank transfer fee announced by Mobile Money Fintech Limited. Speaking on Atinka FM on May 28, 2026, Gorman expressed concern about how the issue was communicated to the public, arguing that both the announcement and …

Ghana Suspends Proposed 0.75% Wallet-to-Bank Transfer Fee, VASPA Applauds - Tech

The Bank of Ghana (BoG) has suspended the proposed 0.75 percent fee on wallet-to-bank transfers earlier scheduled to take effect from June 1, 2026, following growing public concerns and stakeholder reactions. The central bank directed Mobile Money Fintech Limited (MMFL), operators of MTN Mobile Money (MoMo), to halt implementation of the charge pending further consultations across the financial services ecosystem. The proposed fee would have app…