Payment Processing Fee
Payment processing fee is the fee charged for buying cryptocurrencies from BuyCoins. There is no fee charged for selling cryptocurrencies on BuyCoins.
How is the Payment Processing Fee calculated?
The Payment Processing Fee is 4% of the total amount to be paid + ₦50 with a maximum of ₦2050. This means that all payments worth ₦50,000 and above will have a Payment Processing fee of ₦2050.
When do I get charged a Payment Processing Fee?
You only get charged a payment processing fee when you're required to make a payment in Naira, a Payment Processing Fee is added to the amount.
What else should I know?
The Payment Processing fee is never refunded. The fees are used up to accept your payments via card or directly from your bank account.