Pricing
At Monnify, our pricing philosophy is simple: You only pay when you get paid.
No setup fees. No maintenance costs.
The Pricing Structure
Fair. Transparent. Competitive.
Enjoy maximum benefits while paying below industry rates.
See the following table for our competitive pricing:
Monnify Product | Payment Method | Pricing |
Payment Collection | Bank Transfer | 1.5% capped at ₦2,000 / ₦500 FLAT |
Local Card: Visa, Mastercard, Verve | 1.5% capped at ₦2,000 | |
USSD | 1.5% capped at ₦2,000 | |
Agent Cash Deposit | 4% capped at ₦4,000 | |
International Cards | 4 % | |
Payouts (Disbursement) | Amount Range | Pricing |
Amount < ₦10,000 | ₦10 | |
Amount >= ₦10,000 and < N50,000 | ₦20 | |
Amount >= ₦50,000 | ₦40 | |
Verification Services | Service | Pricing |
BVN Verification Service | ₦10 | |
NIN Verification | ₦60 |