Payment methods

Created by Felicity Essien, Modified on Tue, 09 Jan 2024 at 09:28 AM by Hope Nwaegeruo

As a business owner, you’ll need to decide what types of payment methods you’ll accept from customers. On Bumpa, we have two payment methods. Here is how they work:

  1. Paystack Method: This is available by default for all Bumpa users upon sign-up. With the Paystack method, customers can choose from various payment options:
  • Debit cards
  • Bank transfers
  • USSD
  • QR codes. 

Once a customer makes a payment through your website using Paystack, the payment goes to Bumpa and is remitted to your account within 24 hours with a 1.5% transaction charge deducted

However, for payments made in dollars, the transaction charge is 4.5% and it is remitted to your account in 5-7 working days.

You can verify if payment has been received by checking the order's payment status on the app, which will change to "Paid", indicating a successful payment.

To see your pending remittances, kindly follow these simple steps

  • Log into your app
  • Click on "more."
  • Click on "transactions" to see any pending remittances, which are payments that have not yet been credited to your account registered on Bumpa:
Note: A 1.5% payment terminal transaction charge is deducted from each transaction before it is remitted to your account your account - This means that if a payment of N10,000 was made on your store, a transaction charge of N150 will be deducted, and you will receive a net payment of N9,850 in your account.

2.  Direct Bank Transfer: If you're a premium user, your customers can make direct bank transfers to your account for instant payment with no transaction charges.

By offering different payment options, you can make it easy and convenient for your customers to pay you for a smooth buying experience.

Related Articles

Payment Remittance

Setting Up Direct Bank Transfer

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