Transparent pricing for every business
No setup fees. No monthly charges. Pay only for successful transactions. Our bank transfer fee of 1.5% capped at ₦2,000 is among the lowest in the Nigerian market.
Payment Collection
Bank Transfer, Direct Debit
1.5%
capped at ₦2,000 / ₦500 FLAT
Local Cards, USSD
1.5%
capped at ₦2,000
International Cards
4%
Cash Collection
4%
Payouts
Amount < ₦10,000
₦10
Amount ≥ ₦10,000
₦20
Amount ≥ ₦50,000
₦40
* All rates are VAT exclusive
Calculate your fee
Instantly see how much you get charged
Payment collection
Enter your expected returns from different payment channels and we will calculate your exact charges. Nothing hidden.
Amount
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Payment method
Estimated costs
₦0.00
Amount settled to you
₦0.00
Competitive pricing
Perfect for payroll, vendor payments, and automated transfers.
Transparent fees
Helps you save on high-value transactions and reduce costs.
Tailored for your growth
Reach customers without bank accounts via Moniepoint agents.
Your questions, answered
For all local transactions, Monnify settles same day by 10PM, including weekends and public holidays. Additionally, merchants can trigger up to 3 Express Settlements per day to receive their funds ahead of the 10PM settlement.
No Setup Fee
Free account creation, pay only on successful transactions
No Monthly Fee
No subscription or platform fee at any volume tier
Same-Day Settlement
Funds settled by 10pm (T+0), with 3 additional on-demand Express Settlements
CBN Licensed
All fees comply with CBN payment system guidelines
