--- title: Will The Anchor Hold? – Electronic Transfer Levy And Its Effect On The Fintech Space description: The financial services industry, like many spheres of life, has evolved as a result of the massive influence of globalization. With technology advancing at galloping speed, the banking sector has managed to secure itself a very solid marriage between both disciplines in the bid to meet the needs of its constantly growing tech-savvy customer base. Read More! image: https://insights.afriwise.com/hubfs/Ghana.jpg --- [![Afriwise](https://insights.afriwise.com/hubfs/Logos/Afriwise/Afriwise%20logo.svg)](https://afriwise.com/) - [Products](https://afriwise.com/law-products-africa/) - [Countries](https://afriwise.com/countries-covered/) - [About Afriwise](https://afriwise.com/about-afriwise/) - [Contact](https://afriwise.com/contact/) - [News](https://news.afriwise.com/) - [Insights](https://insights.afriwise.com/blog) [Schedule a demo](https://afriwise.com/contact/) [Log in](https://afriwise.com/login/) - [Products](https://afriwise.com/law-products-africa/) - [Countries](https://afriwise.com/countries-covered/) - [Solutions](https://afriwise.com/solutions/) - [About Afriwise](https://afriwise.com/about-afriwise/) - Insights - [Contact](https://afriwise.com/contact/) - [News](https://news.afriwise.com/) [Schedule a demo](https://afriwise.com/contact/) [Log in](https://afriwise.com/login/) # Will The Anchor Hold? – Electronic Transfer Levy And Its Effect On The Fintech Space [Ghana](https://insights.afriwise.com/blog/tag/ghana) [Financial Services](https://insights.afriwise.com/blog/tag/financial-services) [Tax](https://insights.afriwise.com/blog/tag/tax) [Fintech](https://insights.afriwise.com/blog/tag/fintech) 4/05/2022 [B&P Associates](https://insights.afriwise.com/blog/author/bp-associates) The financial services industry, like many spheres of life, has evolved as a result of the massive influence of globalization. With technology advancing at galloping speed, the banking sector has managed to secure itself a very solid marriage between both disciplines in the bid to meet the needs of its constantly growing tech-savvy customer base.     Download the PDF [here](https://bpaghana.com/wp-content/uploads/2022/05/May_2022.pdf)to get access to the full article.   -- Read the article at [B&P Associates.](https://bpaghana.com/will-the-anchor-hold-electronic-transfer-levy-and-its-effect-on-the-fintech-space/) ## Related posts [Kenya](https://insights.afriwise.com/blog/tag/kenya) [Tax](https://insights.afriwise.com/blog/tag/tax) [Legislation](https://insights.afriwise.com/blog/tag/legislation) ## [Same Script, Different Cast: An Analysis of the Proposed Tax Laws (Amendment) Bill, 2024 and Tax Procedures (Amendment) (no.2) Bill, 2024 in Kenya](https://insights.afriwise.com/blog/same-script-different-cast-an-analysis-of-the-proposed-tax-laws-amendment-bill-2024-and-tax-procedures-amendment-no2-bill-2024-in-kenya) In response to the current economic landscape and the need for sustainable public finance, National Treasury has proposed significant amendments aimed at enhancing tax compliance, broadening the tax base, and improving the overall fiscal framework in Kenya. 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