Plate 05 · Payouts

The part where
it becomes yours.

Withdraw your available balance to a Nigerian bank account. The account name is resolved with the bank before you can save it, the transfer is recorded as it happens, and the 1% we charge is taken here — once, on the way out.

Minimum
₦1,000
Commission
1%, taken on withdrawal
Frequency
As often as you like
Account number
Name resolved
Recipient saved
Transfer sent
Ledger row
FIG 05 — from an account number to a settled transfer

What changes

One digit wrong should not cost you a day.

Typing an account number into a form and pressing send is how money goes to a stranger. Every payout here starts by asking the bank whose account it is.

Without it

  • You find out it was the wrong account after it sent
  • No record of what was withdrawn, or when
  • Fees appear somewhere and you work them out later
  • Cash and card money mixed in one bank balance

With Traxease

  • The bank returns the account name before you can save it
  • Every withdrawal is a row with a status you can follow
  • The 1% is shown on the request, before you confirm
  • Store money is separate from your own until you move it

Try the check

Type a number. See whose it is.

Pick a bank, enter an account number, and watch the name come back before anything can be saved — the same guard that stands between your balance and a typo.

Step 1 · Where it goes

Enter all ten digits and the bank is asked who owns the account.

Step 2 · How much

Available ₦146,000

Withdrawing
₦120,000
Traxease commission (1%)
− ₦1,200
Reaches your bank
₦118,800

A model of the real resolution step. Nothing is sent to a bank and no account is contacted.

How it works

What happens when you press withdraw.

Hover a step to follow the thread from your balance to your bank.

01

The destination is verified once

You choose your bank and enter your account number. Before it can be stored, the number is resolved and the registered account name is returned — you are confirming a name, not trusting your own typing.

02

The amount is checked against available

Only the available balance can be withdrawn. Pending funds — sales still inside their escrow window — are excluded, so a withdrawal can never spend money that has not been released.

03

Commission is applied at the boundary

1% is calculated in whole kobo and shown on the request before you confirm. It is the only thing we charge, and it is charged only here: we earn when you take money out, which means only after you have been paid.

04

The transfer is recorded, then followed

The withdrawal writes its own ledger row immediately and carries a status you can check. If a transfer fails at the bank, the record says so — it does not quietly vanish from your balance.

Specification

The payout rules.

Platform settings as configured today.

SpecificationPlate 05
Destination
Nigerian bank accountChosen from the live bank list
Name check
Before the recipient is savedResolved with the bank, not typed by you
Withdrawable
Available balance onlyPending funds are excluded by construction
Minimum
₦1,000So a transfer is worth more than it costs to send
Maximum
NoneAnd no cap on how often you withdraw
Commission
1%, in whole koboShown on the request before you confirm
Plan cost
Payouts are on every planIncluding Free
Record
One ledger row per withdrawalWith the balance that followed it
Failure
Recorded and visibleA failed transfer is a status, not a silence

The only fee is the one at the end.

No setup cost, no monthly minimum, no per-sale cut. 1% when you move money to your bank, and nothing before that.

Free to start · No card required