Which currencies are supported for bank transfers?

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• Can customers set up recurring payments with bank transfers?

  Currently, customers can't set up recurring payments with bank transfers.

• Can my local currency be converted to foreign currencies?

  Transactpay does not handle currency conversion for international payments. The customer's bank is responsible for converting their currency and settling us the exact amount and currency you set. This means that we can guarantee you will receive the ...

• Our fees for Naira Transfers and Payouts

  Here are the fees for local transfers (Naira): 10 NGN plus 7.5% VAT - for transactions up to N5,000 25 NGN plus 7.5% VAT - for transactions from N5,001 to N50,000 50 NGN plus 7.5% VAT - for transactions over N50,000

• Can a Generated Bank Account Number be reused?

  Generated bank account numbers are only valid for a short time and cannot be reused or reactivated after they time out.

• How to Process Transactions with Transactpay: Pay with Bank Transfer

  At the point of checkout, a Bank account will be generated for your customers to make a payment to the account. The generated bank account is temporary and only lasts for some time, after which the account number becomes inactive and can no longer be ...