RSS Feed  Les actualités de la BRVM en Flux RSS

NEWS FINANCIÈRES

Nous agrégeons les sources d’informations financières spécifiques Régionales et Internationales. Info Générale, Economique, Marchés Forex-Comodities- Actions-Obligataires-Taux, Vieille règlementaire etc.

Mobile Money taxation: ASEPAME offers an alternative to 530 billion FCFA in tax revenue

18/09/2025
Source : ORISHAS FINANCE
Categories: Sectors

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

On 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%.

Provided by AWS Translate

0 COMMENTAIRE