Transaction Fees for My Sirigu
To keep My Sirigu running smoothly and ensure you can receive donations and have them sent to your local account when needed, we’ve implemented a small markup on the transaction fees we incur from our payment providers. Here’s how it works:
- Paystack
- Collection: 1.5% + ₦100 per transaction (with ₦100 waived for transactions under ₦2500) + 5.0% markup.
- Withdrawal:
- Transfers up to ₦5,000: ₦10 per transfer with a 5.0% markup, totaling ₦25 per transfer.
- Transfers between ₦5,001 and ₦50,000: ₦25 per transfer, marked up to ₦50.
- Transfers above ₦50,000: ₦50 per transfer, marked up to ₦100.
- PayPal
- Collection: 2.9% + $0.30 per transaction (if both accounts are in the U.S.) or 4.4% + $0.30 (if the client’s account is outside the U.S.), plus a 3.25% markup.
- Withdrawal: Free with a 5.0% markup.
- Stripe
- Collection: 2.9% + $0.30 per transaction for domestic cards. An additional 0.5% for manually entered cards, 1.5% for international cards, and 1% for currency conversion, plus a 3.25% markup.
- Withdrawal: Free with a 5.0% markup.
These fees help us cover essential costs so that My Sirigu can continue providing a seamless experience for your family and friends. We aim to continually ensure that we serve you in the best way possible. Thank you for your understanding and support!