PalmPay Fees in Nigeria
🇳🇬 NGN (₦) · Including all taxes
PalmPay is one of the leading mobile money services in Nigeria, serving millions of users. Send fees are ₦10 per transaction. Note that Nigeria applies a government levy on mobile money transactions. Use the fee tables below to see all charges including government taxes.
Send Money Fee Tiers
| Range | Fee |
|---|---|
| ₦0 - ₦9,999.99 | ₦10 ₦10 flat per transfer. No stamp duty below ₦10,000. |
| ₦10,000+ | ₦10 ₦10 provider fee + ₦50 stamp duty (sender pays, from Jan 2026) |
Withdrawal Fee Tiers
| Range | Fee |
|---|---|
| ₦1 - ₦19,999.99 | 0.5% 0.5% of amount (POS withdrawal) |
| ₦20,000+ | ₦100 Flat ₦100 above ₦20,000 |
Government Levies
Stamp Duty (EMTL)
Levy activeA flat ₦50 charge on all electronic transfers of ₦10,000 and above. Officially recategorised as Stamp Duty under the Nigeria Tax Act 2025 (effective January 2026), the levy is paid by the sender. Applies to banks, OPay, PalmPay, Moniepoint and all fintechs. Exempt: transfers below ₦10,000, salary payments, intra-bank self-transfers.
Paid by sender
Compare with Other Providers
Frequently Asked Questions
How much does PalmPay charge to send money in Nigeria?
PalmPay charges ₦10 per transfer in Nigeria.
What are the PalmPay withdrawal fees in Nigeria?
PalmPay withdrawal fees in Nigeria are 0.5% per transaction.
Is there a government levy on PalmPay transactions in Nigeria?
Yes. Nigeria applies a Stamp Duty (EMTL) on mobile money transactions.
What is the PalmPay USSD code in Nigeria?
Use the PalmPay mobile app or visit an authorized agent in Nigeria.
Is PalmPay the cheapest mobile money provider in Nigeria?
It depends on the amount. Use the MomoCalc calculator on the Nigeria page to compare all providers for your specific amount.