Momo charges when E-LEVY is implemented.
From 1st May,2022 🇬ðŸ‡
*HOW TO BYPASS THE GOVERNMENT 1.50% CHARGES ON MOMO AND ALL ELECTRONICS TRANSFER!*
How to protect your money from wicked #MoMoTax and MoMo charges.
1. If you send GHC 300 to someone’s MoMo number, you will be charged 1% ie GHC 3 by MTN then charged 1.75% ie GHC 5.25 by government. Then when he/she withdraws, she will be charged GHC 3. So on one transaction of 300, total deductions will be GHC11.25
2. Do this instead. Let him/her go to a MoMo vendor and mention your number to the vendor. Allow Cash Out wherever you are and give your ID number. The vendor initiates withdrawal and it comes to you for approval wherever you are. You approve. He/she receives cash. This way you avoid MTN charges on transfer and you avoid the wicked #MoMoTax
