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Pricing

Payout Services (VAT Exclusive)

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Transactions from NGN 5,000 and below

NGN 10 for each
Transfer

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Transactions from NGN 5,001 - NGN 50,000

NGN 30 for each
Transfer

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Transactions from NGN 50,001 and above

NGN 50 for each
Transfer

Wallet Funding (VAT Exclusive)

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Open Wallets

1.5% of credit amount
capped at NGN 250

KYC & Compliance

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BVN/NIN Checks

NGN 50 per API request

Collection Fee (VAT Exclusive)

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Collection

1% capped at NGN150

Card Issuance and Branding

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NFC Card

NGN 850 per card

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Debit Card

NGN 1000 per card

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Minimum Quantity

1000 cards per order

Transaction Fee (VAT Exclusive)

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Payroll Wallets

1.5% capped at NGN500

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'Embedly®' is a trading name and registered trademark of Sterling Bank Limited. Registered office: 20 Marina Rd., Lagos Island, Lagos. Sterling Bank Limited is a licensed Bank, regulated by the Central Bank of Nigeria (CBN) and deposits held are insured by the Nigeria Deposit Insurance Corporation (NDIC). Embedly is a subsidiary of Sterling Group PLC.

The entities above are duly authorized to operate under the Embedly brand and trademarks.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity.

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