Mobile Money: Cameroon Revises Upwards The Taxation Of Withdrawal And Money Transfer Operations.
Dernière mise à jours il y'a 1 ansWithdrawals and money transfers have increased by 4 CFA francs per transaction.
Lire aussi : BDEAC : ECCE HOMO
According to the terms of the 2025 Finance Law of the State of Cameroon, mobile phone money withdrawal and transfer operations have become more expensive for users since January 1, 2025.Withdrawals and money transfers have increased by 4 CFA francs per transaction.This upward revision of the pricing of mobile money transactions in Cameroon is confirmed by the circular from the Minister of Finance regarding the implementation of the 2025 Finance Act.This document, published in December 2024, reveals that with regard to the mobile service, the establishment of a specific right per transaction of 4 CFA francs in addition to the existing proportional rate.This right also applies to transactions carried out by banks, credit institutions and microfinance institutions.The 4 CFA francs per transaction that mobile money users must now pay for money transfers or withdrawals via mobile phone is in addition to the tax on electronic money transfers introduced in Cameroon since January 1, 2022. This tax represents 0.2% of the transaction amount.In the 2025 Finance Act, this rate was increased to 1%.The revaluation of mobile money taxation in Cameroon since the beginning of 2025 confirms the perception of tax niches that the public authorities now have of this activity, which has been expanding continuously in the country for years.
Christelle koambi
bernardo carlos ndjomo
Commentaire(s) du post
Je veux retirer mon 15400 Aujourd'hui sur mon compte nita
Floyd Miles
Actually, now that I try out the links on my message, above, none of them take me to the secure site. Only my shortcut on my desktop, which I created years ago.