Our transaction charges vary depending on the country your business is based and where your customers are paying you from. Here is a breakdown of our transaction fees:
| Local Transactions | International Transactions | USD Transactions | |
| Nigeria (NGN) | 1.5% + NGN 100 | 3.9% + NGN 100 (via Mastercard, Visa, Verve cards) 4.5% (via American Express cards) |
3.9% (via Mastercard, Visa, Verve cards) 4.5% (via American Express cards) |
| Ghana (GHS) | 1.95% | 1.95% | N/A |
| South Africa (ZAR) | 2.9% + R1.00 | 2.9% + R1.00 | N/A |
Please visit our pricing page for more information on our charges for your country.
Important to Note for Nigeria
For local transactions in Nigeria, we have a transaction cap of NGN 2,000. This means we will never charge you more than NGN 2,000 for any transaction originating from a Naira Bank account. Also, for transactions under NGN 2,500, we waive the NGN 100 fee.
What other fees do we charge?
For certain countries, we offer additional services that we charge for. We've summarised this below.
For businesses in Ghana
Ghanian businesses have access to our transfers service. For this service, we charge GHS 10 per transfer.
For businesses in Nigeria
For Nigerian businesses, we have a transfers and user verification service. Here is how much we charge for each of these services.
|
Band |
Price |
|
Transfers of NGN 5,000 and below |
NGN 10 per Transfer |
|
Transfers between NGN 5,001 and NGN 50,000 |
NGN 25 per Transfer |
|
Transfers above NGN 50,000 |
NGN 50 per Transfer |
|
Service |
Price |
|
BVN Resolve API |
NGN 10 per API call |
|
BVN Match API |
NGN 15 per API call |
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