Zero Card Scheme Fees
Traditional processors pay 1.2% to 1.5% directly to card networks. By restricting transactions strictly to bank transfers, we pass those exact savings back to you.
Payjar bypasses expensive card network fees by accepting direct bank transfers only. You pay a 1% fee capped at ₦650. Zero chargebacks, instant settlements.
The easiest way to experience Payjar is a small live payment. Enter the email that should receive the receipt, then pay ₦100 or ₦1,000. Payjar opens a one-time bank transfer for that amount. When the money arrives, the receipt is sent to that email.
We cut out card scheme middlemen completely. No Visa fees, no Mastercard interchange fees, no multi-tier card routing markup.
Traditional processors pay 1.2% to 1.5% directly to card networks. By restricting transactions strictly to bank transfers, we pass those exact savings back to you.
Whether you collect a ₦100,000 transaction or a ₦10,000,000 B2B transfer, you will never pay more than ₦650 in processing fees.
Card payments carry expensive friendly-fraud chargebacks. Bank transfers are biometric/PIN authenticated directly by the customer's bank app. Zero dispute fraud.
No waiting for T+1 or T+2 days for card processors to settle your payout. Money settled directly into your commercial bank account automatically.
In Paystack’s 2024 checkout data for Nigeria, ony 26% of payments were cards. Most Nigerians already pay via bank transfers, yet you still pay 1.5% + ₦100 on every transaction.
| Feature / Metric | Payjar3X CHEAPER | Standard Card Gateways |
|---|---|---|
| Primary Payment Method | Direct Bank Transfer Only | Cards, USSD, Transfer, QR |
| Processing Fee Rate | 1% | 1.5% + ₦100 |
| Maximum Fee Cap | ₦650 Max | ₦2,000 Max |
| Fee on ₦100,000 Transaction | ₦650.00 | ₦1,500.00 |
| Fee on ₦500,000 Transaction | ₦650.00 | ₦2,000.00 |
| Payout Delay | Instant / Same-Day | T+1 to T+2 Business Days |
| Chargeback Fraud Risk | 0% (Bank Authenticated) | High (Card Stolen/Disputes) |
Drag the slider to adjust your estimated monthly payment processing volume. Collection and payout prices are on the pricing page.
Everything you need to know about Payjar bank transfer processing.
Bank transfers are the safest, fastest, and most popular payment method in Nigeria. By completely removing Visa and Mastercard network infrastructure, we avoid huge interchange fees and pass those exact savings back to your business.
Yes! Absolutely. Whether a customer transfers ₦100,000 or ₦10,000,000, your processing fee will never exceed ₦650 per transaction.
When your customer checks out, Payjar generates a unique, dynamic virtual account number instantly. They open their banking app, make a quick transfer, and our webhook automatically confirms the payment in under 3 seconds.
Yes. Payjar provides lightweight REST APIs, Node.js SDKs, and ready-made inline checkout popups. You can start testing sandbox keys in less than 10 minutes.
Accept payments at 1%, capped at ₦650. Secure checkout, faster, and about 3x cheaper.