Sellers
5%
+ VAT
MidPoint Service Fee, deducted from your payout when funds are released. Nigerian VAT of 7.5% applies to the service fee only — never to your product price. No signup fee, no monthly fee, no listing fee.
Product price
₦20,000
MidPoint Service Fee
(5%)
− ₦1,000
VAT
(7.5%
on service fee)
− ₦75
Total charges
− ₦1,075
You'll receive
₦18,925