Interswitch · Pricing Plans

Interswitch Plans Pricing

Public Interswitch / Quickteller Business pricing is negotiated at sign-up. Headline rails — Webpay / Web Checkout card collection, Quickteller transfers, Bills Payment, and Paycode — carry the regulated CBN merchant service charge (currently capped at 0.5% with a NGN 1,000 cap for local card transactions under the CBN Guide to Charges) plus a small per-transaction interchange and switching fee. International card collection (Visa / Mastercard) is charged at higher rates (typically 3.0%–3.8% + processor fees). Confirm exact rates with your Interswitch relationship manager before going live.

Interswitch Plans Pricing is the machine-readable pricing-plan profile for Interswitch on the APIs.io network, conforming to the API Commons Plans specification.

It defines 5 plans, covering usage-based tiers, with named plans including Web Checkout — Local Cards, Web Checkout — International Cards, Quickteller Transfers, Bills Payment, Paycode (Cardless).

Tagged areas include Payments, Quickteller Business, Verve, and Africa.

5 Plans API Commons Plans
View Source
PaymentsQuickteller BusinessVerveAfrica

Plans

Web Checkout — Local Cards usage-based

Card collection via Web Checkout / Webpay for Verve, Visa, and Mastercard issued by Nigerian banks.

Local card transaction fee (transaction · usage) 0.50 USD
Web Checkout — International Cards usage-based

Visa and Mastercard issued outside Nigeria; rates set per merchant agreement.

International card transaction fee (transaction · usage) 3.00 USD
Quickteller Transfers usage-based

NIBSS-rail single and bulk transfers to Nigerian bank accounts.

NIP transfer fee (<= NGN 5,000) (transfer · usage) 10.00 USD
NIP transfer fee (NGN 5,001–50,000) (transfer · usage) 25.00 USD
NIP transfer fee (> NGN 50,000) (transfer · usage) 50.00 USD
Bills Payment usage-based

Per-transaction switching fee on Quickteller bill payments. Specific fees vary by biller and category.

Bill payment switching fee (transaction · usage) Custom USD
Paycode (Cardless) usage-based

Cardless ATM withdrawal and merchant tokens. Per-token fee negotiated with Interswitch.

Paycode token fee (token · usage) Custom USD

Sources