Fees
What does Bizik charge?
| Fee | Rate | Who pays |
|---|---|---|
| Funding a deal into escrow | 2.5% | The buyer, added to the amount |
| Releasing a deal | Free | Nobody. The seller receives the full amount |
| Express withdrawal | +1.5% | Only if you choose it |
| Currency conversion | +1.2% over the mid-market rate | Whoever converts |
Example on 100,000 FCFA: the buyer pays 102,500. The seller receives the full 100,000.
The escrow fee is charged once, when the deal is funded. Opening an account, creating a deal and opening a dispute are free.
You always see the exact figures before you confirm anything.
Your Mobile Money provider or bank may charge you separately. That charge is theirs, not ours.
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