Nigerian Payment Gateway Fee Calculator

Compare processing fees, settlement speed, and annual transaction overhead across Paystack, Monnify, Flutterwave, and Interswitch.

Your Volume & Mix

Monthly Processing Volume ₦ 10,000,000

Average Transaction Ticket ₦ 25,000

Bank Transfers / Virtual Accounts 60%

Local Debit / Credit Cards (Verve/Mastercard/Visa) 35%

International Cards (USD/Foreign) 5%

Est. 400 txs/mo

Monnify

At ₦10,000,000 monthly volume, switching your primary collection to Monnify saves up to ₦1,002,000 annually in processing fees.

Annual Processing Fee ₦ 1,758,000

Effective Rate 1.47%

Payout Speed Instant / T+0

Monnify Instant / T+0

₦ 1,758,000 1.47% effective

Flutterwave T+1

₦ 2,328,000 1.94% effective

Interswitch (WebPay) T+1

₦ 2,436,000 2.03% effective

Paystack T+1 (Next working day)

₦ 2,760,000 2.3% effective