Fixed Virtual Accounts
Account Creation
FreeGenerate an account number and instantly issue/assign it to a customer.
Transfers in
FreeAccept deposits from commercial banks and FinTech products into your virtual account.
Account Maintenance Fees
FreeGenerate Account Statement
FreeKYC Documentation
NGN 50 per verificationVerify your customers’ personal details to generate virtual accounts for them.
- In adherence to CBN regulations, a stamp duty fee of ₦50.00 is levied on the customer (virtual account owner) for each deposit (Transfers In) exceeding ₦10,000.00.
Important note:
Virtual Wallet Account Services
Account Creation
FreeCreate a dedicated virtual account tailored for the receipt of payments
Transfers in
NGN 15 per transactionThis is our fee structure for every received amount via a Collection Account.
Account Maintenance Fees
Free
Transfer
Outward transfers (NGN 5,000 and below)
NGN 10Outward transfers (between NGN 5,001 and NGN 50,000)
NGN 20Outward transfers (above NGN 50,000)
NGN 45Intra transfers
NGN 5
- Customised pricing options are available for businesses with high-volume or high-value transactions. Feel free to contact our Sales team at info@paysure.ng to discuss with our Sales team.
Important note:
Checkout
Web Card Payment
For Local Transactions
1.5% + NGN 100 (capped at NGN 2000)
For International Transactions
3.9% + NGN 100
Pay by Transfer
NGN 100 per transactionUSSD
1% capped at NGN 2000
FAQs
1. How do I make payment?
When your business registers on Paysure, you will receive a wallet account number, which will display your balance for all transactions and operations within the Paysure ecosystem. Our fees will be deducted directly from your balance.
2. What happens when I have no funds available?
If there are no funds available, your transactions will fail and you/your customers will not be able to perform any activity that has a transaction fee.
3. How fast will I get paid my Bills Payment commission?
We provide instant payment to your Main Balance. Additionally, you can access an overview of your commissions on the Bills Payment transaction history.
4. Who pays the CBN stamp duty?
Your customer does. In compliance with CBN regulations, we automatically debit the customer's virtual account when they receive deposits exceeding NGN 10,000.
5. How much does it cost to integrate Paysure?
Integrating Paysure into your products and applications is absolutely free, with no charges. Start your integration journey here.
6. Do you offer discounts on your transaction fees?
Yes, we offer special offers for businesses with high transaction volumes. Please reach out to our Sales team at info@paysure.ng to initiate a discussion.