Short answer: no, the E-Levy is not back. The 1% tax on electronic transfers was repealed in 2025. The “E-Levy is back” rumours in mid-2026 came from a different charge: a fee MTN announced on MoMo-to-bank transfers, which the Bank of Ghana then paused.

The E-Levy: a quick history

DateWhat happened
May 2022E-Levy introduced under Act 1075 at 1.75%
January 2023Cut to 1% on transfers above a GH₵100 daily threshold
2 April 2025Repeal signed into law; E-Levy stops applying

MTN told customers that from 2 April 2025 the E-Levy would no longer apply, that the change was automatic, and that wrong E-Levy charges after that date would be refunded within 7 days.

So what caused the confusion?

On 25 May 2026, MTN told MoMo users by SMS that wallet-to-bank transfers would cost 0.75% per transaction, capped at GH₵5, from 1 June 2026. The next day a radio presenter claimed “GRA has brought E-Levy back”.

Fact-checkers at GhanaFact rated that claim false. The fee was MTN’s own commercial charge, not a Ghana Revenue Authority tax, and GhanaFact found no GRA directive on mobile money. A technology consultant it spoke to described the fee as a service charge rather than a state tax.

And the 0.75% fee itself?

On 26 May 2026, the Bank of Ghana directed Mobile Money Fintech Limited, MTN’s mobile money company, to pause the fee pending wider consultation. Full timeline: MTN’s 0.75% MoMo-to-bank fee explained.

What you pay today

  • No E-Levy.
  • Normal MoMo service fees still apply, such as MTN’s cash-out fees.
  • Always read the fee on the confirmation screen before entering your PIN.

Full fee guide: mobile money charges in Ghana.

Seen a viral claim about a “new tax” on MoMo? Check official sources (the Ministry of Finance, GRA, the Bank of Ghana or your network) and fact-checkers before sharing it.

This explainer reflects reporting up to October 2026. We will update it when there is official news.

This guide was checked in October 2026. Menus and services change, so if something looks different on your phone, check with your provider.

Common questions

Is there E-Levy on MoMo transfers now?

No. The E-Levy was repealed, and MTN says it stopped applying from 2 April 2025.

Then why did people say E-Levy is back?

In May 2026, MTN announced a 0.75% fee on MoMo-to-bank transfers. Some people mistook this company fee for a government tax. GhanaFact rated the “E-Levy is back” claim false.

Is the 0.75% MoMo-to-bank fee in force?

The Bank of Ghana directed MTN’s mobile money company to pause it on 26 May 2026 for consultation. Check the fee on your confirmation screen.

Do I still pay any MoMo fees?

Yes. Normal service fees, such as cash-out fees, still apply.

Sources