Fee Structure

Gateway fees on PAPE are represented as follows:

amount1:expression1
amount2:expression2

Example 1:

1000:100
20000:150

Which can be interpreted as follows.

Minimum transfer amount is 1000 NGN.

Any amount between 1000 and 20000 NGN will be charged 100 NGN.

Any amount above 20000 naira will be charged 150 naira.

Example 2:

Fee structures also accept percentages(%) of the original amount(A).

E.g

1000:10
2000:15
5000:10+1.4%*A

Which can be interpreted as follows:

Minimum transfer amount is 1000 naira.

Any transfer amount between 1000 and 2000 naira will be charged 10 NGN.

Any transfer amount between 2000 and 5000 NGN will be charged 15 NGN.

Any transfer amount above 5000 naira will be charged: 10 naira plus 1.4% of the transfer amount.