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Momo Agents Discontinue Announced Increase In Charges

A directive has been given to Mobile Money agents to perform their services with their customers under their usual charges.

This directive came from the office of the Mobile Money Agents Association of Ghana (MMAAG) following a meeting it had with officials of the Ghana Revenue Authority (GRA).

The meeting was held following the 10 percent tax that was imposed on cash-out service by GRA.

The Mobile Money Agent Association announced an increase in charges which it said will be effective July 1, 2021.

“Management in the coming weeks shall be engaged by GRA with other stakeholders for a further discussion and other matters relating to taxation on the operations of the Momo Agent,” they said in a release dated Wednesday, June 30.

“We are by this release asking our cherished members to proceed to perform their services with the consumers under the usual arrangements regarding charges.

“Consumers should be informed that we are ready to serve them and should continue to do business with our members,” the association stated.

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