With UfitPay, there are No hidden fees, we love transparency. When doing business with us, you always know what you are paying. In some cases, we actually pay you for making use of our platform... totally awesome right!

Take a look at how enticing our fees and commissions are. We can even arrange something customized for you if you have exceptional transaction volumes.

Merchant Services

Service	What We Charge You
Collection via Card or USSD payment channel	1.5% of transaction amount (capped at N2,500)
Collection via PayPal payment channel	3.5% of transaction amount
Collection via Virtual Accounts (Fidelity & Providus)	1% of transaction amount + N10 (capped at N2,500)
Collection via Virtual Accounts (other banks)	1% of transaction amount (capped at N2,500)
Collection via Airtime	10% of transaction amount
Collection via Direct Bank Debit	1.2% of transaction amount (+N60 capped at N2,500)
Settlement to Merchant's Bank Account	N50 per instant settlement or N60 per next-day settlement
Settlement to UfitPay Account	Free

Wallet Services

Service	What We Charge You	What We Pay You
Airtime Purchase (MTN, 9moble, Glo & Airtel)	-	1% - 2% of airtime amount (depending on your transaction volume)
Data Purchase	-	Up-to 20% (depending on data package)
Bank Transfer (NIP)	N50 per transaction	-
Wallet Withdrawal	N80 per transaction	-
Airtime-to-Cash Conversion	10% of transaction amount	-
Electricity Bill Payment	N50 per transaction	-
TV Subscription Payment	N50 per transaction	-
Internet Service Bill Payment	N50 per transaction	-
Betting Wallet Funding	N100 per transaction	-
Payment to Corporate Billers	N100 per transaction	-
Account Deposit	0.5% per credit (capped at N50)	-
SMS Notification	N4 per notification	-
BVN Verification	N20 per request	-
NIN Validation	N100 per request	-
Account Statement Request	N10 per request	-

Virtual Card Services

Note: Our naira MasterCard is a dual currency card. This means you are able to use it for both local and international transactions.

Service	Fee for Naira Card	Fee for Dollar Card
Virtual Card Issuing	N2,000 per card	$1.6 per card
Virtual Card Funding	N150 per funding	$1.5 per funding
Virtual Card Maintenance Fee (debited from card)	N500 or $0.5 per month	FREE
Virtual Card Transaction Fee (debited from card)	FREE ($0.3 for International transactions)	1.5% per transaction (minimum of $1, cap at $10)
Virtual Card Withdrawal Fee	N100 per withdrawal	$0.5 per withdrawal

Financial Data & Other Services

Service	What We Charge You
BVN Data Retrieval	N25 per request
Bank Account Balance Retrieval	N60 per request
Bank Account Statement Retrieval	N160 per request
Financial Data Retrieval	N170 per request
Linked Bank Account List	N100 per request	-
Mobile Number Validation	N1 per request
NIN Validation	N100 per request