Here is the current fee schedule for Paga's prepaid cards, including the physical, virtual Naira, and Dollar virtual cards:
Paga Prepaid Naira Card (Physical)
Card Issuance: ₦1000
Delivery Fee: ₦1000 (Nationwide)
Funding from Paga Wallet: Free
Withdrawal to Paga Wallet: Free
Decline Fee (due to insufficient funds) - ₦500 charged to Paga account/wallet
Monthly Maintenance Fee: ₦53 (inclusive of VAT)
Card Validity: 3 Years
Paga Prepaid Naira Card (Virtual)
Card Creation: Free
Funding from Paga Wallet: Free
Withdrawal to Paga Wallet: ₦53 (inclusive of VAT)
Monthly Maintenance Fee: ₦53 (inclusive of VAT)
Card Validity: 12 months
Paga Prepaid Dollar Card (Virtual) Beta
Card Creation: $4.99 (or Naira equivalent at prevailing market rate)
Funding from Paga Wallet: 1.2% of the funded amount (exclusive of tax)
Monthly Maintenance Fee: $1.08 (inclusive of tax)
Withdrawal to Paga Wallet: Permitted ( Naira equivalent at prevailing market rate )
*Conversion Fees - Currency Conversion Fees may apply and will vary based on the amount, currency, and market rates.
Additional Transaction Fees
Decline Fee (due to insufficient funds) - ₦500 charged to Paga account/wallet
POS Transactions: Standard POS fee may apply and may vary depending on the merchant or agent
ATM Withdrawals: Standard ATM fees may apply and may vary depending on the acquirer bank
Withdrawals via Paga Agent: ₦100 per transaction (plus 7.5% VAT)