BREAKDOWN OF PalmPay Nigeria POS CHARGES
*Ranking After 2weeks of activation*
*STARTERS* 🌟
Withdrawals
0.6% fee to cap of ₦100
Deposits
₦20
Purchases
0.6% fee to cap of ₦1,000
Transfers
₦20
Card Transfers
0.6% fee to cap of ₦100
*2 STARs* 🌟 🌟
Transaction Range:
₦40,000.00 - ₦120,000.00
Typical Daily Average
Withdrawals
0.5% fee to cap of ₦100
Deposits
₦20
Purchases
0.5% fee to cap of ₦1,000
Transfers
₦20
Card Transfers
0.5% fee to cap of ₦100
*3 STARs* 🌟🌟🌟
Transaction Range:
₦120,000.00 - ₦350,000.00
Typical Daily Average
Withdrawals
0.5% fee to cap of N100(Cashback of 0.05%)
Equivalent fee, 0.45% cap of N90
Deposits
N20 (Cashback of N2)
Equivalent fee = N18
Purchases
0.5% fee to cap of N1000(Cashback of 0.05%)
Equivalent fee= 0.45% cap of N900
Transfers
N20 (Cashback of N2)
Equivalent fee = N18
Card Transfers
0.5% fee to cap of ₦100 (Cashback of 0.05%)
* 4 STARs* 🌟 🌟🌟🌟
Transaction Range:
₦350,000.00 - ₦500,000.00
Typical Daily Average
Withdrawals
0.5% fee to cap of N100(Cashback of 0.08%)
Equivalent fee ,0.42% cap of N84
Deposits
N20 (Cashback of N2)
Equivalent fee = N18
Purchases
0.5% fee to cap of N1000(Cashback of 0.08%)
Equivalent fee= 0.42% cap of N840
Transfers
N20 (Cashback of N2)
Equivalent fee = N18
Card Transfers
0.5% fee to cap of ₦100 (Cashback of 0.08%)
*5 STARs* 🌟🌟🌟🌟🌟
Transaction Range:
₦500,000.00 - ₦99,999,999.99
Typical Daily Average
Withdrawals
0.5% fee to cap of N100(Cashback of 0.1%)
Equivalent fee, 0.40% cap of N80
Deposits
N20 (Cashback of N5)
Equivalent fee = N15
Purchases
0.5% fee to cap of N1,000 (Cashback of 0.1%)
Equivalent fee= 0.40% cap of N800
Transfers
N20 (Cashback of N5)
Equivalent fee = N15
Card Transfers
0.5% fee to cap of ₦100 (Cashback of 0.1%)
1% commission on bills
3% on airtime
Call / whatsapp 07038294174 / 08125131516
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