specification: API Commons Plans
specificationVersion: '0.1'
schema: https://raw.githubusercontent.com/api-evangelist/interface-research/main/schema/api-commons.yml#/$defs/Plans
provider: Kora
providerId: korapay
created: '2026-07-12'
modified: '2026-07-12'
reconciled: false
tags:
- Payments
- Payment Gateway
- Africa
- Nigeria
- Fintech
- Plans
description: >-
  Kora does not sell tiered API plans; it is a payments processor whose revenue
  model is transaction-based (a percentage and/or flat fee per pay-in, payout,
  conversion, or card-issuing action). Access is via a single self-service
  merchant account that must be activated (KYC/KYB and go-live requirements)
  before Live mode. A free Test/sandbox mode is available immediately with test
  API keys. Some products - card payments and mobile money - must be explicitly
  enabled on an account by Kora support. Larger merchants negotiate custom
  pricing directly with Kora. Exact per-transaction rates are not reconciled
  here; see the FinOps file and Kora's pricing/support pages.
notes: >-
  There are no metered "API call" plans - you are billed on payment volume, not
  on requests. Verify current per-transaction rates, limits, and settlement
  timelines with Kora (korahq.com pricing and support.korapay.com) during
  reconciliation.
sources:
- https://developers.korapay.com/docs/getting-started
- https://developers.korapay.com/docs/api-keys
- https://www.korahq.com/
- https://support.korapay.com/hc/en-us/articles/33567660971410-Card-Payments
plans:
- id: korapay-test
  name: Test / Sandbox Mode
  type: free
  description: >-
    Free sandbox available on signup with dedicated test API keys. Simulate
    charges, payouts, virtual accounts, conversions, and webhooks with test data
    before going live. No transaction fees in test mode.
  entries:
  - label: Sandbox Access
    name: sandbox_access
    type: usage
    metric: transactions
    limit: -1
    timeFrame: month
    geo: global
    unit: 1
    price: free (test mode)
    userMultiplied: false
  elements:
  - name: Test API Keys
  - name: All Products in Sandbox
  - name: Webhook Testing
- id: korapay-live
  name: Live (Pay-As-You-Go)
  type: usage
  description: >-
    Live processing after account activation (KYC/KYB and go-live requirements).
    Billed per transaction - a percentage and/or flat fee that varies by product
    (card, bank transfer, mobile money, pay-with-bank), payout type, currency,
    and market. Some products require Kora to enable them on your account.
  entries:
  - label: Pay-In Processing Fee
    name: payin_fee
    type: usage
    metric: transactions
    limit: -1
    timeFrame: month
    geo: global
    unit: 1
    price: per-transaction percentage and/or flat fee (see FinOps; verify with Kora)
    userMultiplied: false
  - label: Payout / Disbursement Fee
    name: payout_fee
    type: usage
    metric: transactions
    limit: -1
    timeFrame: month
    geo: global
    unit: 1
    price: per-transaction flat fee by tier and destination (verify with Kora)
    userMultiplied: false
  elements:
  - name: Pay-Ins (Card, Bank Transfer, Mobile Money, Pay with Bank)
  - name: Payouts (Single, Bulk, Remittance)
  - name: Virtual Bank Accounts
  - name: Currency Conversion
  - name: Balances and Refunds
- id: korapay-enterprise
  name: Custom / Enterprise
  type: enterprise
  description: >-
    Negotiated pricing for high-volume merchants and platforms, with volume
    discounts, dedicated support, and additional products (for example card
    issuing and identity/verification). Contact Kora.
  entries:
  - label: Custom Agreement
    name: custom
    type: flat
    metric: contract
    limit: -1
    timeFrame: year
    geo: global
    unit: 1
    price: contact sales
    userMultiplied: false
  elements:
  - name: Volume-Based Pricing
  - name: Dedicated Support
  - name: Card Issuing and Identity Products
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com