Opay, Moniepoint implement N50 fee for transfers above N10,000
In a move compliant with Federal Inland Revenue Service (FIRS) regulations, leading fintech companies Opay and Moniepoint have announced the implementation of a N50 fee on electronic money transfers exceeding N10,000. The new charge, set to take effect on 9 September, applies to both personal and business accounts. Opay and Moniepoint, two of Nigeria’s prominent … Read more
