Our charges for international transactions vary depending on the country your business is based and the currency you have listed your prices in. Here is a breakdown of our international transaction fees:
Currency |
Charges |
|
| Ghana | GHS | 1.95% |
| Nigeria |
NGN (via Mastercard, Visa, Verve cards) | 3.9% + NGN 100 |
| USD (via Mastercard, Visa, Verve cards) | 3.9% | |
| NGN and USD (via American Express cards) | 4.5% | |
| South Africa | ZAR | 2.9% + R1.00 (VAT exclusive) |
Important to note for Ghanaian Businesses
Ghanaian businesses can only receive international payments in Ghanaian Cedis (GHS) at the moment. This is why a USD charge is not captured in the table above.
What if I receive a payment from a local bank account domiciled in a foreign currency?
For card transactions made from domiciliary bank accounts in your country, that is, bank accounts in USD, GBP, EUR etc. - we charge the same fees as international cards. This means our fees will follow the table above, depending on the currency you are receiving.
Comments
0 comments
Article is closed for comments.