Payment Limits
Now that you are all setup. Know your limits.
💯 you just completed integration. Complete some test transactions and guess what, on Quidpay you are live when you sign up, the only steps we need you to complete are these:
- Click on the Add account notification to add a bank account we can settle your funds into, along with a few other details that are required.
- Once you complete this, you would see a Live badge on your dashboard, hover over it, to see the limits set on your account.
After I do this what is next?
There are two (2) states your account can be in.
- Pending: During this period you are allowed to start transacting within the limits given below. Your account is not set up for settlement till you fill/add a bank account and the details submitted are reviewed and approved.
INDIVIDUALS
50,000 Naira per transactions and 200,000 Naira daily cumulative upon go-live
500,000 Naira per transaction and 500,000 Naira daily cumulative upon approval
BUSINESSES (SOLE PROPRIETORS AND CORPORATES)
200,000 Naira per transaction and 1,000,000 Naira daily cumulative upon go-live
500,000 Naira per transaction and unlimited daily cumulative upon approval
NGOs
50,000 Naira per transactions and 200,000 Naira daily cumulative upon go-live
500,000 Naira per transaction and 500,000 Naira daily cumulative upon approval
- Approved: Great your documents were approved 😃 your limits would be raised too, now it is time to start making the money 🔥 You can always email [email protected] requesting that your limit is raised if your business use case absolutely requires it. When sending an email, be sure to include your account name on quidpay and use case for raising limits.
Thanks!
Quidpay Branding Assets
Now you are done integrating, to finesse
that Integration and show your user's they can now pay with whatever they have literally (card, account, ussd)
. You can add the image below as a branding asset to your payment options section 💯 .
Updated about 6 years ago