How much does 221 Pay cost?
2% per Wave and Orange Money collection, mobile payout or refund in Senegal, operator fees included. Bank payout tiers and rates for other countries.
221 Pay charges 2% of the amount on every Wave or Orange Money collection, mobile payout and refund in Senegal, operator fees included: nothing is added on top. A payout to a bank account follows a scale from 5% to 2.5% depending on the amount.
Wave and Orange Money in Senegal
| Operation | Rate | Example on 10,000 CFA francs |
|---|---|---|
| Collection | 2% | 200 CFA francs in fees, 9,800 CFA francs credited |
| Payout to a mobile number | 2% | 200 CFA francs |
| Refund | 2% | 200 CFA francs |
The merchant pays the collection and payout fees. For a refund, the merchant or the customer bears them, as chosen: see Refunds. In test mode no real money moves (Testing).
Payout to a bank account
The rate of the tier containing the amount applies to the whole amount. The transfer arrives in 3 to 5 business days.
| Payout amount | Rate | Example |
|---|---|---|
| 200,000 to 499,999 CFA francs | 5% | 15,000 CFA francs on 300,000 CFA francs |
| 500,000 to 999,999 CFA francs | 4% | 24,000 CFA francs on 600,000 CFA francs |
| 1,000,000 to 2,499,999 CFA francs | 3% | 45,000 CFA francs on 1,500,000 CFA francs |
| 2,500,000 to 5,000,000 CFA francs | 2.5% | 75,000 CFA francs on 3,000,000 CFA francs |
| Limit | Value |
|---|---|
| Minimum per payout | 200,000 CFA francs |
| Maximum per payout | 5,000,000 CFA francs |
| Total per month | 10,000,000 CFA francs |
Other countries
Côte d'Ivoire, Burkina Faso, Togo and Benin: each rail's rate is published by
the public route GET /v1/rails, no key needed.
curl "$API_URL/v1/rails"In each data element, the fees object gives collection_bps,
withdrawal_bps and refund_bps (200 basis points = 2%), and the fees
computed for 10,000 CFA francs. Field details: Fees.
Going further
- Fees: calculation, rounding and the
feeandnetfields. - Payouts: limits of payouts to a mobile number.
- What is needed to start and to withdraw?
- Comparison of payment solutions
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