It appears that the innovations in Cameroon that were to happen by this year have reached a ‘ripe’ stage because the Director General of Income Taxes (DGI) Modesta Mopa Fatoing has made it crystal clear that companies should now start making their tax payment through Mobile Money from MTN.

 “This service will allow companies to pay their income taxes without leaving their offices or having to contact tax office agents,”said Fatoing

He added that this will be effective in time saving as well as increasing the number increase the number of users of the cell-phone-based payment system being promoted by mobile telephone operators.

On January 28, 2013 in Douala, Orange Cameroun’s senior management had revealed that the Orange Money service, previously launched in September 2011, already had 700,000 users nationwide. This figure is likely to explode now with the number of promotions recently offered by mobile phone operators to get their customers to sign-up for cellular phone-based payment services.