On 1 May 2022, the Electronic Transfer Levy Act 2022 (Act 1075) enters into force, establishing a 1.50% levy on electronic transfers. The levy applies to transactions facilitated by electronic money issuers, payment service providers, and banks, inc…
On 31 March 2022, the Electronic Transfer Levy Act 2022 (Act 1075) enters into force with a grace period, establishing a 1.50% levy on electronic transfers. The levy applies to transactions facilitated by electronic money issuers, payment service pr…