specification: FinOps Framework
specificationVersion: '1.0'
schema: https://www.finops.org/framework/
provider: Paga
providerId: paga
created: '2026-07-17'
modified: '2026-07-17'
reconciled: false
tags:
- Payments
- Mobile Money
- Fintech
- Nigeria
- FinOps
- Cost Management
description: >-
  FinOps view of Paga API spend. Paga bills per-transaction fees rather than
  subscriptions: collections, disbursements, bank deposits, airtime/data, bill
  payments, and direct-debit charges each carry a negotiated flat-Naira or
  percentage fee. Cost is driven by transaction volume, channel mix (bank
  transfer / USSD / card / wallet), and merchant agreement. All charges settle
  in NGN.
notes: >-
  Per-transaction rates are negotiated at onboarding and not published as a
  fixed table; reconcile actual fees from settlement statements. Currency NGN.
sources:
- https://developer-docs.paga.com/
- https://www.paga.com/
- https://focus.finops.org/focus-specification/v1-3/
alignedWith:
  framework: FinOps Foundation Framework
  frameworkUrl: https://www.finops.org/framework/
  dataSpec: FOCUS
  dataSpecVersion: '1.3'
  dataSpecUrl: https://focus.finops.org/focus-specification/v1-3/
publisherName: Paga
serviceCategory: Payments and Financial Services
billingModel:
  pricingCategory: Usage-Based
  billingFrequency: Per-Transaction
  billingCurrency: NGN
  chargeCategories:
  - Usage
  - Adjustment
focusColumns:
  ServiceName: Paga Developer APIs
  ServiceCategory: Payments and Financial Services
  ProviderName: Paga
  PublisherName: Pagatech Financial Services Limited
  InvoiceIssuerName: Paga
  BillingCurrency: NGN
  ChargeCategory: Usage
  PricingCategory: Usage-Based
meters:
- name: collection_transactions
  description: Payment requests and persistent-account deposits collected, billed per transaction.
  unit: transactions
  aggregation: sum
  dimensions:
  - account
  - channel
  - api
- name: disbursement_transactions
  description: Money transfers and deposit-to-bank operations, billed per transaction.
  unit: transactions
  aggregation: sum
  dimensions:
  - account
  - destinationBank
- name: airtime_data_transactions
  description: Airtime and data purchases, commissioned or nominally priced.
  unit: transactions
  aggregation: sum
  dimensions:
  - account
  - mobileOperator
- name: bill_merchant_payments
  description: Merchant and bill payments, billed per transaction.
  unit: transactions
  aggregation: sum
  dimensions:
  - account
  - merchant
- name: direct_debit_charges
  description: Tokenized-mandate debits, billed per charge.
  unit: transactions
  aggregation: sum
  dimensions:
  - account
  - accountReference
principles:
- name: Visibility
  description: Reconcile fees from Paga settlement statements and the transactionHistory / history endpoints.
- name: Allocation
  description: Tag each transaction with a workload-specific referenceNumber to map spend to teams and use cases.
- name: Optimization
  description: Steer collections toward lower-fee channels (bank transfer / USSD) where possible and batch disbursements.
- name: Accountability
  description: Review per-channel transaction fees monthly against negotiated rates.
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com