Fee Calculator

Enter your goods purchase price to calculate your escrow fee.

0.00 NGN (Standard Fee)

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"Safeguarding Transactions with Clear and Affordable Fees"

Fee Breakdown

For every transaction, a fee of 2% + ₦100 is charged to cover the processing, escrow, and disbursement services. This fee can be paid entirely by one party or split between the buyer and seller at varying percentages, allowing for flexibility and fairness. There are no hidden charges and transaction fee is one of the lowest in the industry.

Payment options for buyers

  • Bank Transfer
  • Credit & Debit Card
  • PayPal

If you've agreed to pay all or some of the fee, it's automatically added to the purchase price of the item you are buying.

Disbursement options for sellers and brokers

Upon initiating a transaction, sellers and brokers have the freedom to specify their preferred disbursement method. Once all transaction terms are met and verified, PayScrow.net will credit the seller's wallet. From there, the seller can easily request a withdrawal for their funds. The processing time for withdrawals is the same or the next business day, in line with their chosen disbursement method.

For transactions involving shared escrow fees, the agreed-upon amount will be deducted transparently from either the purchase price or the broker's commission, ensuring fairness and accountability throughout the process.

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Say goodbye to worries and uncertainties by never buying or selling online without PayScrow.net

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FAQ

General

Understand the basics of PayScrow's secure online payment solution

What is PayScrow?
PayScrow is an online escrow solution designed to enhance trust and security in digital transactions. It offers escrow services that protect both buyers and sellers.
How does PayScrow work?
PayScrow acts as a trusted intermediary, securing funds until both parties confirm that the transaction terms are met. This minimizes the risk of fraudulent transactions.
How is my money secured?
All PayScrow payments are processed with PCI/DSS Certified payment processors and all funds are safely held in a CBN-Licensed Deposit Money Bank.
Pricing

Understand the transparent and flexible transaction fee structure of PayScrow's services.

How much does PayScrow charge for its services?
PayScrow charges a transparent fee of 2% + ₦100 of the transaction amount. This fee can be paid by either the buyer or the seller, or it can be split between both parties.
Are there any additional fees?
No, the 2% + ₦100 transaction fee covers the cost of using PayScrow's services. There are no hidden charges or extra fees.
What is the minimum and maximum transaction amount?
The minimum transaction amount is ₦1,000, and there is no maximum limit.
Who pays for the transaction fee?
The transaction fee of 2% + ₦100 is paid by either the buyer or the seller, or it can be split between both parties based on the mutual agreement reached during the transaction.
Privacy

Understand how PayScrow protects your privacy and data.

Is my personal information safe with PayScrow?
Yes, PayScrow takes privacy seriously. We adhere to strict security measures, including SSL encryption and data protection protocols, to ensure the safety of your information.
Does PayScrow share my data with third parties?
No, PayScrow does not share your data with any third parties. PayScrow is in full compliance with the Nigeria Data Protection Regulations.
Dispute Resolution

Learn about how PayScrow resolves transaction disputes.

What happens if a dispute arises during a transaction?
In case of a dispute, PayScrow provides a seamless dispute resolution process. Our team helps mediate and resolve issues to ensure a fair outcome for both parties.
How long does the dispute resolution procedure take?
The duration of the dispute resolution process depends on the complexity of the issue. However, PayScrow aims to address and resolve disputes in a timely manner.
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