❕Transaction Limit

Limits are a security measure to prevent money laundering. With a maximum threshold, we can better comply with regulations and prevent any illegal activities around receiving money.

With Mavapay money, every user who has completed KYC has a monthly limit of N10,000,000 (Ten Million Naira). No user can receive more than this amount in a month. If a user accumulated payouts within a month surpasses this amount, the user will be duly informed and the transaction will not be successful.

There is also a transaction limit on the amount you generate an invoice with or receive.

Sats are the smallest denomination of Bitcoin so Sats are to Bitcoin what Kobo is to Naira.

Thanks for reading.