Why is there a 0.5% fee charge on MoMoPay?

MoMoPay was charged 1% in 2018, when it was launched, and in 2020, the charge was withdrawn to accommodate the financial constraints experienced by business owners and to encourage cashless uptake to curb any further spread of the Corona Virus. Effective 1 September 2021, the MoMoPay fee was reinstated and subsided to 0.5% to provide […]