Clarification on Asset Declaration Requirements for E-Wallets and Other Cash Holdings

The Fiji Revenue and Customs Service (FRCS) wishes to clarify recent public discussions arising from the Standing Committee on Public Accounts.

During the session, a Member of Parliament posed a question specifically regarding M-PAiSA. In response, FRCS advised that assets held under M-PAiSA must be declared in accordance with the asset declaration rules. However, this response applies not only to M-PAiSA, but to all forms of e-wallets and digital cash holdings, including but not limited to:

  • MyCash
  • Sole
  • Vision Fintech
  • DuaPay
  • Any other mobile wallet or digital cash platform

FRCS emphasizes that all cash holdings, whether in e-wallets, bank accounts, or other financial instruments, are subject to asset declaration requirements if they exceed the FRCS thresholds.

The mention of M-PAiSA in the committee session was in response to a specific question and was not intended to single out any particular provider. We regret any confusion this may have caused and reaffirm our commitment to fair and consistent application of tax and asset declaration laws across all financial platforms.

For further information on asset declaration thresholds and requirements, please visit www.frcs.org.fj or contact our customer service on our toll-free number 1326 or email at info@frcs.org.fj.

Last Updated - February 4, 2026

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Clarification on Asset Declaration Requirements for E-Wallets and Other Cash Holdings

The Fiji Revenue and Customs Service (FRCS) wishes to clarify recent public discussions arising from the Standing Committee on Public Accounts.

During the session, a Member of Parliament posed a question specifically regarding M-PAiSA. In response, FRCS advised that assets held under M-PAiSA must be declared in accordance with the asset declaration rules. However, this response applies not only to M-PAiSA, but to all forms of e-wallets and digital cash holdings, including but not limited to:

  • MyCash
  • Sole
  • Vision Fintech
  • DuaPay
  • Any other mobile wallet or digital cash platform

FRCS emphasizes that all cash holdings, whether in e-wallets, bank accounts, or other financial instruments, are subject to asset declaration requirements if they exceed the FRCS thresholds.

The mention of M-PAiSA in the committee session was in response to a specific question and was not intended to single out any particular provider. We regret any confusion this may have caused and reaffirm our commitment to fair and consistent application of tax and asset declaration laws across all financial platforms.

For further information on asset declaration thresholds and requirements, please visit www.frcs.org.fj or contact our customer service on our toll-free number 1326 or email at info@frcs.org.fj.

Last Updated - February 4, 2026

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