Transaction Fees

Inflows

We charge a percentage fee plus a fixed amount for all incoming transactions:

Percentage Fee

1.3% per transaction

Fixed Fee

100 NGN per transaction
The maximum fee charged per transaction is capped at 2,000 NGN.

Payout Fees

Our payout fees are tiered based on the transaction amount:
Transaction Tiers
Tiered Pricing

Example Calculation

For a payout of 60,000 NGN, you would be charged 50 NGN as it falls in the highest tier.

Fee Structure Breakdown

  • Flat fee: 10 NGN
  • Best for: Small value transfers and micropayments
  • Flat fee: 25 NGN
  • Best for: Regular business transactions and everyday payments
  • Flat fee: 50 NGN
  • Best for: Bulk payments and large value transfers
All fees are automatically deducted from the transaction amount. Make sure to account for these fees when planning your transfers.

FAQ

Fees are deducted at the time of transaction processing. For inflows, fees are deducted before the amount is credited to your account. For payouts, fees are added to the transfer amount.
The percentage fee is calculated on the total transaction amount before adding the fixed fee. For example:
Transaction: 10,000 NGN
Percentage fee: 10,000 × 1.3% = 130 NGN
Fixed fee: 100 NGN
Total fee: 230 NGN

Need Help?

If you have questions about our billing structure or need clarification on fees, our support team is available 24/7 to assist you.