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Mobile Money: RESTIC requires “total transparency” on tax in Senegal

05/01/2026
Source : ORISHAS FINANCE
Categories: Sectors

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Faced with the application of the new 0.5% tax on money transfers, the Rally of Businesses in the Sector of Information and Communication Technologies (RESTIC) calls on regulators to be more vigilant and call for clearer communication of the part of operators.

Since September 2025, the financial landscape Senegalese digital technology has adapted to a new fiscal situation. It is a 0.5% tax applied on payments, transfers and withdrawals electronics. For the RESTIC , this change must not be at the expense of the consumer.

The organization urges the National Council of Consumer and public regulators to closely monitor practices tariffs. For her, “Mobile Money operators must give up. technical jargon to inform users in “everyday language” and understandable” on the new samples.

Beyond taxation, RESTIC asks the question of national security. The organization insists on the obligation for platforms to store customer data on the national territory.

The organization calls on the authorities to ensure a stable fiscal and parafiscal environment.

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