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E-Levy: How To Send MoMo Without Paying the Charges.

Written by Lyrical Tongobia

The Republic of Ghana’s Parliament , on Tuesday, 29th March, 2022 passed the controversial E-levy Bill after the Minority side staged a walkout.

The passing of the E-Levy Bill has become a worrying situation for alot Ghanaians both home and abroad regarding a 1.50% charges on Electronic Transfers.

Two days after the bill was passed, the President of Ghana, H.E Nana Addo Dankwa Akufo-Addo has assented to the Bill into Law on Thursday, 31st March, 2022 to allow commencement of processes for deduction of the levy.

How to Send MoMo Without Paying the charges.

  1. Let the receiver (the person you want to send the money to) go to a MoMo vendor and mention your number to the vendor.

2. Allow Cash Out wherever you are and give your ID number to the receiver to mention to the Momo vendor.

3. The vendor initiates withdrawal and it comes to you for approval wherever you are. Approved to confirm withdrawal.

The person then receives his/her cash.Note that, with this, you only pay for withdrawal charge amounting to [GH¢6] on an amount of GH¢600 instead losing GH¢19.5

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Lyrical Tongobia

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