Creating a crowdfunding campaign on NaijaFund is free and to contribute to a campaign is also free. When your campaign raises funds, NaijaFund charges a 10% fee on the funds you raise which covers the cost of maintaining the platform and the third-party payment processor Paystack, charges a further transaction fee of 1.5% + NGN100 on payments made by local Nigerian bank cards. Payments made by foreign cards are charged a 3.9% + NGN100 per transaction fee. International Transactions with USD Settlement into your GTB domiciliary account is charged a 3.9% fee.
Donations to crowdfunding campaigns are processed within 24 hours and sent to your bank on the next working day. but it could take up to 7 working days for your bank to credit your bank account with the received funds.