Tinubu Government Imposes N50 Transfer Levy On OPay Transactions Above N10,000
In step with the be taught about, this could rob form from September 9, 2024, stating that the price is now no longer a earnings for the web cost platform but is a a part of requirements from the authorities.
OPay has launched a one-time rate of N50 on digital transfers above N10,000 into non-public and switch accounts.
This became as soon as contained in a be taught about sent to its clients on Saturday, noting that the price, which is in compliance with Federal Inland Revenue Provider rules.
In step with the be taught about, this could rob form from September 9, 2024, stating that the price is now no longer a earnings for the web cost platform but is a a part of requirements from the authorities.
It reads partly; “Dear valued clients, please be informed that initiating September 9, 2024, a one-time rate of N50 will be utilized for digital switch of N10,000 and above paid into your non-public or switch myth in compliance with the Federal Inland Revenue Provider rules.
“It will be important to present that OPay does now no longer relieve from these charges whatsoever because it is directed entirely to the federal authorities,” it added.
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