Opay, Moneypoint introduce new N50 charges for customers
Nigerians are facing additional financial burdens as Moniepoint, Opay, and other fintech institutions have announced a new N50 fee, referred to as the Electronic Transfer Levy (EMTL), for their customers. According to a recent notice from the banks, customers of Moniepoint and Opay will begin incurring these charges starting September 9, 2024. This new levy…