Splitrr never takes a fee from your payout. A small, clearly-shown service fee is added to each contributor's payment — covering payment processing and our service.
You always receive exactly what you're collecting for. Whether splitting equally or collecting an open target, the full amount lands in your bank — every time.
A small "Service & Processing Fee" is shown to each contributor before they pay — clearly broken down, never hidden. It covers both payment processing and Splitrr's service. This applies the same way whether you're running an Equal Split or an Open Split.
| Contribution amount | Service fee |
|---|---|
| Up to ₦133,000 | ~1% (covers processing + service) |
| Above ₦133,000 | ₦3,500 flat (covers processing + service) |
| Contribution | Service fee | Total paid |
|---|---|---|
| ₦5,000 | ₦231 | ₦5,231 |
| ₦15,000 | ₦488 | ₦15,488 |
| ₦60,000 | ₦1,642 | ₦61,642 |
| ₦133,000 | ₦3,364 | ₦136,364 |
| ₦200,000 | ₦3,500 | ₦203,500 |
| ₦1,000,000 | ₦3,500 | ₦1,003,500 |
Who pays the fee?
The contributor — it is added to their payment and shown clearly before they confirm. As the coordinator, you are never charged anything.
Does this work the same for Equal Split and Open Split?
Yes. The fee is calculated the same way on every individual payment, regardless of split type.
When does money reach my bank?
Each payment settles to your bank the next business day (T+1) via Paystack’s automatic settlement.
Is there a minimum contribution?
Yes — minimum ₦500 per payment, for both split types.