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 - 1.5%
Transactions abouve 2500 attracts 1.5% + ₦30
USD MasterCard & VISA Card – 3.8% + 0.50 of the currency of transaction (e.g 0.50USD, 0.50GBP or 0.05Euro)
(No Gateway Fees Applicable)
Naira Cards - 1.5%
Transactions abouve 2500 attracts 1.5% + ₦30
USD MasterCard & VISA Card – 3.8% + 0.50 of the currency of transaction (e.g 0.50USD, 0.50GBP or 0.05Euro)
(No Gateway Fees Applicable)
Withdraw Money 0.99% + ₦99 0.99% + ₦99
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) $19.99
Transaction Fee USD MasterCard & VISA Card – 3.8% + 0.50 of the currency of transaction (e.g 0.50USD, 0.50GBP or 0.05Euro)
Naira Cards - 1.5%
Transactions abouve 2500 attracts 1.5% + ₦30
(No Gateway Fees Applicable)
USD MasterCard & VISA Card – 3.8% + 0.50 of the currency of transaction (e.g 0.50USD, 0.50GBP or 0.05Euro)
Naira Cards - 1.5%
Transactions abouve 2500 attracts 1.5% + ₦30
(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
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