Transaction Limits on Moneywave

#1

Hello,

Is there a transaction limit when using Moneywave API’s?

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#2

Hello @Godsw

Please Find answer below:

  • Card / Account to Account / Wallet (NGN) - Single Transaction limit is NGN 50K; This is because Moneywave is not primarily a collections product but a Payout / Disbursement product. Our Collections Product is Rave

  • Wallet to Account (NGN) - There is basically no limit for payout as long as you have met all compliance requirements, payout limit can always be adjusted to fit what your business requires.

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