Pricing

Virtual accounts set for each transaction. Customers find it cheaper and easier to transfer. With Direct debit, customers can tokenize their bank accounts so that payments for services can happen seamlessly like cards

Collections

0.5%

Rate on the Value of each transaction

₦50 - ₦100

Standard Price Floor on each transaction

Direct Debits

0.5%

Rate on the Value of each transaction

₦100

Standard Price Floor on each transaction

Pay Out

₦10
Standard Charge

Standard Charge on each transaction

Frequently Asked Questions for Pricing

What products does Woven provide?

Our offering consists of three products: direct debit, collections, and payout They can all be implemented separately or together.

How long does it take for me to get my money?

Your money is automatically settled to your bank account once the transfer has been made from your customer.

Do you offer transaction volume discounts?

Yes we do. Merchants who process large volumes enjoy a discount on the transaction fee.

What does Price Floor Mean?

The Price Floors are a minimum and maximum benchmark for charges on each transaction.