While Beyonic charges a monthly subscription, the networks and banks that we work with charge a per-transaction fee. You will see this fee included any time you create a payment or collection from your Beyonic account. Below are the various fees for each network.
Collections - Collecting funds from a customer into your Beyonic account
Below are the collection fees from each mobile money network that we support. Beyonic does not mark up these fees.
Network | Value | Fee |
MTN Uganda | Any amount | 1.5% |
Airtel Uganda | Any amount | 1.5% |
Safaricom M-PESA Kenya | Any amount | 2.0% |
Payments - Sending from your Beyonic account to a mobile money wallet
Below are the fees from each mobile money network that we support for outgoing payments. Beyonic does not mark up these fees.
Network | Minimum payment value | Maximum payment value | Fee |
MTN Uganda | 500 UGX | 45,000 UGX | 300 UGX |
| 45,001 UGX | 125,000 UGX | 600 UGX |
| 125,001 UGX | 500,000 UGX | 1,000 UGX |
| 500,001 UGX | 5,000,000 UGX | 1,200 UGX |
Airtel Uganda | 500 UGX | 60,000 UGX | 300 UGX |
| 60,001 UGX | 500,000 UGX | 600 UGX |
| 500,001 UGX | 5,000,000 UGX | 1,000 UGX |
Payments - Sending from your Beyonic account to a bank account
Below are the fees for sending into a bank account from your Beyonic wallet. Beyonic does not mark up these fees.
Banks | Value | Fee |
Major Ugandan banks (see full list) | Any amount | 5,000 UGX |
Beyonic subscription fee - UGX 20,000/month
Beyonic's monthly subscription fee is always the same, no matter how many much money you pay or collect.