KongaPay is a method of paying and receiving money for goods. It was initially created for Konga.com. Because so many people enjoyed using it, Konga made the decision to spread the love by making it accessible to users outside of the Konga.com platform.
The e-wallet KongaPay is also available as a mobile application. The user can transfer money, pay bills, set up recurring payments, and send and receive payments using QR codes after connecting to a card or bank account.
The minimum transaction fees that apply for each type of package are as follows: Receive Payment has a maximum of 2,000 and a 1.5% rate. Bulk Payout equals $50 for each transaction. Cash back commission of 1% applies to digital goods.
One who wants to accept payments both online and offline is a KongaPay merchant. In the instance of market place merchants, KongaPay enables Nigerian firms to receive payments from bank accounts, cards, and KongaPayaccounts and to pay out to sub-merchants.