1% Transaction Charge On Bill Payments, Wallet Top Ups And Transfers

1% Transaction Charge On Bill Payments, Wallet Top Ups And Transfers

There is now a charge of 1% transaction fee capped at N1,500 for bill payments(airtime top-up, electricity bill, cable tv),  wallet top-ups, loan repayments and transfers initiated directly from your registered debit card on the Carbon app. 

We suggest you initiate transactions with funds in your wallet which is cost effective.

To fund your wallet, do initiate a funds transfer from your bank's mobile app to your Carbon wallet by selecting One Finance as the name of the bank and your wallet ID as your account number.

This takes effect from 1st December, 2020. However, we are releasing a few features soon to make transactions cheaper and easier on Carbon, such as:
  1. Providing you with a debit card  for your wallet to perform transactions anywhere
  2. Launching QR payments to let you pay merchants across the country by scanning a simple code.

Follow these steps to find your wallet ID number;
(Android) Login >> Fund Wallet >> Copy Wallet ID/Account Number. 
(IOS) Login >> Fund Wallet  >> Copy Wallet ID/Account Number.


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