specification: API Commons Plans
specificationVersion: '0.1'
schema: https://raw.githubusercontent.com/api-evangelist/interface-research/main/schema/api-commons.yml#/$defs/Plans
provider: Ozow
providerId: ozow
created: '2026-07-17'
modified: '2026-07-17'
reconciled: true
tags:
- Payments
- Instant EFT
- Pay by Bank
- Fintech
- South Africa
- Plans
description: >-
  Ozow prices merchants on a per-successful-transaction percentage basis in
  ZAR, with no monthly subscription, setup, activation or deactivation fees.
  The headline instant-EFT rate is tiered by transaction value (lower rate at
  higher value bands) with a minimum per-transaction fee. Negotiated volume
  rates can go lower. Additional products (Refunds, Payouts, Point of Sale,
  e-Commerce, QR) may carry their own fees.
notes: >-
  Rates below are as published on the Ozow pricing page and may change; verify
  current tiers and any product-specific fees directly with Ozow before use.
  A promotional "first R1 million/month free in year one" offer has been
  advertised for new merchants.
sources:
- https://ozow.com/pricing
- https://ozow.com/merchants
- https://hub.ozow.com/docs
plans:
- id: ozow-instant-eft
  name: Instant EFT (Pay by Bank)
  type: usage
  description: >-
    Per-successful-transaction percentage fee in ZAR, tiered by transaction
    value, with a R1.00 minimum per transaction and no fixed monthly costs.
  currency: ZAR
  entries:
  - label: Transactions R0 - R249,999.99
    name: eft_tier_1
    type: usage
    metric: transaction_value
    limit: -1
    timeFrame: transaction
    geo: ZA
    unit: 1
    price: 2.85% (min R1.00 per transaction)
    userMultiplied: false
  - label: Transactions R250,000 - R499,999.99
    name: eft_tier_2
    type: usage
    metric: transaction_value
    limit: -1
    timeFrame: transaction
    geo: ZA
    unit: 1
    price: 2.75% (min R1.00 per transaction)
    userMultiplied: false
  - label: Transactions R500,000 - R1,000,000
    name: eft_tier_3
    type: usage
    metric: transaction_value
    limit: -1
    timeFrame: transaction
    geo: ZA
    unit: 1
    price: 2.65% (min R1.00 per transaction)
    userMultiplied: false
  - label: Negotiated volume rate
    name: eft_negotiated
    type: usage
    metric: transaction_value
    limit: -1
    timeFrame: transaction
    geo: ZA
    unit: 1
    price: as low as 1.5% (volume-dependent, contact sales)
    userMultiplied: false
  elements:
  - name: No monthly subscription
  - name: No setup / activation / deactivation fees
  - name: Pay only on successful transactions
- id: ozow-additional-products
  name: Additional Products
  type: usage
  description: >-
    Refunds, Payouts, Point of Sale, e-Commerce and QR products may carry
    separate fees layered on the instant-EFT rate.
  currency: ZAR
  entries:
  - label: Product fees
    name: product_fees
    type: usage
    metric: contract
    limit: -1
    timeFrame: transaction
    geo: ZA
    unit: 1
    price: subject to product and merchant agreement
    userMultiplied: false
  elements:
  - name: Refunds
  - name: Payouts
  - name: Point of Sale
  - name: e-Commerce
  - name: QR Code
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com