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Find all the economic and financial information on our Orishas Direct application to download on Play StoreOn Tuesday, September 16, 2025, the Association
Senegalese Payment Institutions and Money Issuers
Electronics (ASEPAME) reacted to the government's project to introduce a tax of
0.5% on Mobile Money transactions and 1.5% on payments
merchants. It proposes an alternative that would make it possible to generate 530
billion CFA francs in tax revenue in three years.
The asepame indicates that the
government project is likely to lead to a fall of 30% to 50% in volumes,
reducing the tax base and cancelling expected additional revenue.
According to him, a direct taxation of volumes would risk increasing the cost.
transactions for modest households, to push for the return of cash and
compromise the goals of the Technological New Deal. To deal with this
At risk, ASEPAME offers an alternative. We are talking about a sample of
2.5% on the revenues of Mobile Money operators, applied over the period
2026-2028. According to his projections, this option would generate 530
billion FCFA in three years, more than double the 230 billion targeted by the
government, with no impact on customers. It would also maintain 90,000
direct and indirect jobs, where a volume tax would destroy them
between 25% and 55%.
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