Fees and Charges


NIGERIA

Personal Account Business Account
Opening Account Free Free
Mechant Fee Free Free
Merchant Verification Not Required (N1,500 for merchants who require international wallet Funds Transfer Services) N1500 (with CAC) and N2500 (with Govt issued IDcards)
Transaction Fee Naira Cards - 2.5%
USD MasterCard & VISA Card – 4.5%
(No Gateway Fees Applicable)
Naira Cards - 2.5%
USD MasterCard & VISA Card – 4.5%
(No Gateway Fees Applicable)
Withdraw Money 1% + 120 Naira 1% + 120 Naira
Wallet Funds Transfer (Local) 1% 1%
Wallet Funds Transfer (international) 1.5% + N1,000 1.5% + N1,000 per mill
Integration Free  (Fee may apply for customised Integration) Free (Fee may apply for customised Integration)

OTHER COUNTRIES

Personal Account Business Account
Opening Account Free Free
Mechant Fee Free Free
Merchant Verification Not Required ($4.99 for merchants who require international wallet Funds Transfer Services) $14.99
Transaction Fee USD MasterCard & VISA Card – 4.5%
Nigerian Naira Cards - 2.5%
(No Gateway Fees Applicable)
USD MasterCard & VISA Card – 4.5%
Nigerian Naira Cards - 2.5%
(No Gateway Fees Applicable)
Withdraw Money 1.5% + $ 5.00 (Minimum withdrawal amount is $1,500) 1.5% + $ 5.00 (Minimum withdrawal amount is $1,500)
Wallet Funds Transfer (Local) 1.5% 1.5%
Wallet Funds Transfer (international) 1.5% + $5.00 1.5% + $5.00 per $5,000 dollars transferred
Integration Free Free