For more information on our pricing, please contact [email protected]
Mono Direct Debit allows you to set up single or variable recurring payment mandates directly on customers' bank accounts and with their consent.
Here's a breakdown of the pricing for Mono Direct Debit:
All Transactions between N200 and N20,000 are charged a minimum fee of N55 per transaction.
Action | Fee |
Debit | (1% fee, capped at N1000 per debit) + 7.5% VAT |
Balance Inquiry | N50 per API call |
NOTE: All balance inquiry calls are deducted from your Mono wallet, so you will need to fund your Mono wallet to access this service.
You can refer to this article to learn how to fund your wallet on the Mono dashboard.