Our MOBitooT App will enable you accept payments for PHCN, DSTV, GOTV, Startimes, Swift Internet, Smile internet, SpectraNet, Mobitel, IPNx, LCC, LTC. You will also be able to do money transfer to all banks in Nigeria.
Voucher Net Limited implements the principle of Convenience Fee and Transactions Fee for Bill Payments. The convenience Fee is the fee that MUST be paid by a Customer or Client of a MOBitooT User/Agent for a bill payment transaction in addition to the cost of the service required. Voucher Net Charges a Transaction fee to the MOBitooT User. The difference between the Convenience Fee and the Transaction Fee is the MOBitooT User/Agents Commission.
We operate 2 Regimes for bill payment fees depending on the service you want.
Regime 1
This applies only to DSTV, GOTV, STARTIMES and PHCN bills payment only has a fixed Convenience Fee of N200 so vendors earn a fixed profit of N125 per transaction.
Note: This only applies to
DSTV, GOTV , Startimes and PHCN
The transaction fee is fixed at N75 and it is deducted from your wallet anytime you perform any of those transactions. So charge your clients N200 and you earn N125.
Regime 2
This applies for Money transfer, Internet and Lekki Toll. Please refer to the table of sliding scale below. In this regime, the Convenience fee and transaction fee increases according to the size of the bill to be paid. Note also that the Transaction Fee for Money Transfer is different for the Bill payments under this regime.
For example, a customer wants to pay for a Smile internet service of N3,000. From the table below, the amount of the bill is within the range N100 – N5,000 so the convenience fee for this Bill Payment is N200. This means your client must pay you N3,200. The Commission to the MOBitooT user is N112 (your earning). This means the Transaction Fee (deducted from the MOBitooT users’ wallet) = N200 – N112 = N88. You earn N112 for this transaction while N3,088 is deducted from your wallet.
WARNING: IF YOU DO NOT COLLECT THE RIGHT CONVENIENCE FEE, YOU STAND THE RISK OF LOOSING MONEY ON THE TRANSACTION. Voucher Net Limited will not be liable for any such loss.
