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Explainer: Why OPay, PalmPay Others Now Charge N50 on N10,000 Deposits

Opay PalmPay

By Adedapo Adesanya Over the weekend, payment service bank users including OPay and PalmPay among others told their customers that from Monday, September 9, they would be charged N50 for Electronic Money Transfer Levy (EMTL) from every inflow of N10,000 and above. This has raised worries from many, who have lamented the cost implication of […]

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