E-wallets cost Fiji up to $50 million in lost revenue

2026-02-20 - 06:05

The Fiji Revenue and Customs Service Chief Executive Udit Singh says Fiji could have lost an estimated $40 to $50 million in government revenue since businesses began using e-wallets for point-of-sale transactions. Singh says many businesses using services like M-PAiSA, MyCash, and Sole have operated outside the tax system, limiting revenue collection and creating gaps