The Mobile Money Advocacy Group has welcomed two major developments that promise a brighter future for mobile money businesses across the country.
The association has expressed joy over Parliament’s decision to repeal the controversial Electronic Transfer Levy (E-Levy) and the recent crackdown on armed robbers targeting mobile money vendors.
Speaking on Bullet TV’s News Night with host Nana Yaw Fianko (The Speaker), National Secretary of the group, Kingsley Amoako-Atta, described the repeal of the E-Levy as “long overdue” and a huge relief for mobile money agents.
“We have been fighting for this for years. We wrote letters, we engaged stakeholders, and we kept pushing. Thankfully, the current President made a promise during his campaign, and now Parliament has acted on it. We are hopeful that he will assent to the bill as soon as possible so that by next month, we will start seeing positive effects on our businesses,”- he said.
According to Amoako-Atta, the E-Levy significantly impacted the mobile money business by discouraging transactions, as customers found alternative ways to move money without using mobile money services.
ALSO READ: Parliament Repeals E-Levy
Beyond the repeal of the E-Levy, the Mobile Money Advocacy Group also commended the Ashanti Regional Police Command for its efforts in cracking down on criminals attacking mobile money vendors.
“We want to say a big thank you to the Ashanti Regional Police Command for the bold steps taken to arrest these robbers. This is a major milestone, and we believe they will do even more to ensure our safety,” – Amoako-Atta stated.
However, he urged other regional police commands, particularly in Greater Accra, to follow the example set by their counterparts in Ashanti and intensify their crackdown on criminals targeting mobile money agents.
While celebrating these developments, Amoako-Atta stressed the need for a sustained effort to protect mobile money agents across the country.
“We are happy about the police action, but we believe they can do even more. Our business is cash-based, making us vulnerable, so we need continuous police protection,” – he emphasized.
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