Fee Structure

Transparent pricing for all transaction types

Transaction Type Fee Provider
Collection Bank Transfer 0.8% (capped at ₦300) 9PSB / Bellbank
Collection Card 1.5% —
Withdrawal ₦50 flat —
Transfer ₦25 flat —
Fees are deducted automatically from each transaction.
Collection fees are capped at ₦300 regardless of amount.

Example Calculation

Customer pays ₦50,000 via bank transfer:

Amount collected ₦50,000.00
Fee (0.8% capped at ₦300) - ₦300.00
You receive ₦49,700.00

Questions about fees? Contact support@volboo.com