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How much are the network and bank fees?
How much are the network and bank fees?

These are the transaction fees that mobile money providers and bank partners charge Onafriq. We do not add to these transaction fees.

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Written by Sileola
Updated over 3 months ago

While Onafriq App charges a monthly subscription, the networks and banks that we work with charge a per-transaction fee. You will see this fee included any time you create a payment or collection from your Onafriq account. Below are the various fees for each network:

Collections: Collecting funds from a customer into your Onafriq App account

Below are the collection fees from each mobile money network that we support. Onafriq does not mark up these fees.

Network

Value

Fee

MTN Uganda

Any amount

1.5%

Airtel Uganda

Any amount

1.5%

Safaricom M-PESA Kenya

Any amount

2.0%

Payments: Sending from your Onafriq App account to a mobile money wallet

Below are the fees from each mobile money network that we support for outgoing payments. Onafriq does not mark up these fees.

Network

Minimum payment value

Maximum payment value

Fee

MTN Uganda

500 UGX

45,000 UGX

300 UGX

45,001 UGX

125,000 UGX

600 UGX

125,001 UGX

500,000 UGX

1,000 UGX

500,001 UGX

5,000,000 UGX

1,200 UGX

Airtel Uganda

500 UGX

60,000 UGX

300 UGX

60,001 UGX

500,000 UGX

600 UGX

500,001 UGX

5,000,000 UGX

1,000 UGX

Payments: Sending from your Onafriq App account to a bank account

Below are the fees for sending money into a bank account from your Onafriq App wallet. Onafriq does not mark up these fees.

Banks

Value

Fee

Major Ugandan banks (see full list)

Any amount

5,000 UGX

Cross-border Collections

Country

Partner

Onafriq Fees - Collections

Kenya

Safaricom

2%

Rwanda

MTN

2%

Tanzania

Vodacom

2%

The DRC

Orange and Airtel

2%

Onafriq App subscription fee: UGX 20,000/month

Onafriq App's monthly subscription fee is always the same, no matter how much money you pay or collect.

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