Transfer Fees Explained
ClapPay keeps fees low and transparent. Here's exactly what you'll pay.
Fee Summary
ClapPay to ClapPay
| Transfer Type | Fee |
|---------------|-----|
| Same currency | FREE |
| Different currencies | 0.5% conversion |
To Bank Accounts
| Transfer Type | Fee |
|---------------|-----|
| Domestic (same country) | $2.50 flat |
| International | 0.5% - 1% |
Mobile Money
| Transfer Type | Fee |
|---------------|-----|
| M-Pesa, MTN, etc. | 1% - 2% |
How Fees Are Calculated
Flat Fees
Some transfers have a flat fee regardless of amount:
- $100 domestic transfer: $2.50 fee
- $1,000 domestic transfer: $2.50 fee
Percentage Fees
International transfers charge a percentage:
- $100 at 1%: $1.00 fee
- $1,000 at 1%: $10.00 fee
Combined Fees
Some transfers have both:
- Transfer fee: Based on destination
- Conversion fee: If currencies differ (0.5% - 1%)
Seeing Fees Before You Send
You always see the exact fee before confirming:
- Enter the transfer details
- View the breakdown:
- Amount you're sending
- Transfer fee
- Conversion fee (if any)
- Total cost
- Amount recipient receives
Tips to Minimize Fees
1. Send ClapPay to ClapPay
Transfers between ClapPay users are free for the same currency.
2. Send Larger Amounts
Flat fees become a smaller percentage of larger transfers.
3. Use Local Currency
If the recipient can receive USD, EUR, or GBP, avoid conversion.
4. Fund with Bank Transfer
Adding money via bank transfer is free (card deposits have fees).
Fee Comparison
| Provider | $500 US→Nigeria |
|----------|-----------------|
| ClapPay | ~$7.50 |
| Traditional bank | ~$35-50 |
| Other providers | ~$10-20 |
Business Fees
Business accounts may have different fee structures. View business pricing →
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