Payment Fees & Process

Shopnest ensures payment processes and fees are transparent and clear at all times. That’s why we exclusively utilize Paystack as our trusted payment service provider. Here’s what you need to know below:

Transaction Fees:

Local transactions incur a fee of 1.5% + NGN 100. However, the NGN 100 fee is waived for transactions under NGN 2500. Also, for your convenience, local transaction fees are capped at NGN 2000. That means it’s the absolute maximum you’ll pay in fees per transaction.

Withdrawal Fees:

Withdrawal process has been simplified for you. For transfers between NGN 5,001 and NGN 50,000, there’s a flat fee of NGN 25 per transfer. And as for transfers above NGN 50,000, it’s just NGN 50 per transfer.

So, for more detailed information on Paystack’s pricing, you can check out their pricelist here.

We are committed to providing you with a seamless and transparent payment experience. If you have any questions or need further assistance, don’t hesitate to reach out to our dedicated support team.

Was this article helpful?