Minimum Order, Commission Matrix and Cashout Charges

Minimum Order shows the minimum amount a seller can charge clients. This varies for currencies.

The Commission Matrix shows show percent commissions, which is between 7 and 13%, that TERAWORK charges based on the cost of the job for each client. It is important to know that the percent commissions vary for different currencies. Kindly see below the 5 commission matrix levels

 

For Seller Charging in US Dollars (USD)

  1. 13.00% commission on Jobs between USD 5.00 – 199.99 in value
  2. 11.50% commission on Jobs between USD 200.00 – 299.99 in value
  3. 10.00% commission on Jobs between USD 300.00 – 399.99 in value
  4. 8.50% commission on Jobs between USD 400.00 – 499.99 in value
  5. 7.00% communication Jobs from USD 500.00 and above in value

    Minimum Order / Cashout: USD5.00
     

For Seller Charging in United Arab Emirates Dirham (AED)

  1. 13.00% commission on Jobs between AED 20.00 – 729.99 in value
  2. 11.50% commission on Jobs between AED 730.00 – 1,099.99 in value
  3. 10.00% commission on Jobs between AED 1,100.00 – 1,449.99 in value
  4. 8.50% commission on Jobs between AED1,450.00 – 1,829.99 in value
  5. 7.00% commission on Jobs from AED1,830.00 and above

    Minimum Order / Cashout: AED20.00

For Seller Charging in Australian Dollars (AUD)

  1. 13.00% commission on Jobs between AUD7.00 – 249.99 in value
  2. 11.50% commission on Jobs between AUD250.00 – 379.99 in value
  3. 10.00% commission on Jobs between AUD380.00 – 509.99 in value
  4. 8.50% commission on jobs between AUD510.00 – 639.99 in value
  5. 7.00% commission on Jobs from CAD640.00 and above

    Minimum Order / Cashout: AUD7.00

 

For Seller Charging in Brazilian Real (BRL)

  1. 13.00% commission on Jobs between BRL25.00 – 1,039.99 in value
  2. 11.50% commission on Jobs between BRL1,040.00 – 1,559.99 in value
  3. 10.00% commission on Jobs between BRL1,560.00 – 2,079.99 in value
  4. 8.50% commission on Jobs between BRL2,080.00 – 2,599.99 in value
  5. 7.00% commission on Jobs from BRL2,600.00 and above

    Minimum Order / Cashout: BRL25.00

 

For Seller Charging in Canadian Dollar (CAD)

  1. 13.00% commission on Jobs between CAD6.00 – 249.99 in value
  2. 11.50% commission on Jobs between CAD250.00 – 369.99 in value
  3. 10.00% commission on Jobs between CAD370.00 – 499.99 in value
  4. 8.50% commission on Jobs between CAD500.00 – 629.99 in value
  5. 7.00% on Jobs from CAD630.00 and above

    Minimum Order / Cashout: CAD6.00

 

For Seller Charging in Euro (EUR)

  1. 13.00% commission on Jobs between EUR4.00 – 164.99 in value
  2. 11.50% commission on Jobs between EUR165.00 – 249.99 in value
  3. 10.00% commission on Jobs between EUR250.00 – 329.99 in value
  4. 8.50% commission on Jobs between EUR330.00 – 409.99 in value
  5. 7.00% commission on Jobs from EUR410.00 and above

    Minimum Order / Cashout: EUR4.00

 

For Seller Charging in British Pound (GBP)

  1. 13.00% commission on Jobs between GBP4.00 – 149.99 in value
  2. 11.50% commission on Jobs between GBP150.00 – 219.99 in value
  3. 10.00% commission on Jobs between GBP220.00 – 299.99 in value
  4. 8.50% commission on Jobs between GBP300.00 – 359.99 in value
  5. 7.00% commission on Jobs from GBP360.00 and above

    Minimum Order / Cashout: GBP4.00

 

For Seller Charging in Ghanaian Cedi (GHS)

  1. 13.00% commission on Jobs between GHS29.00 – 1,149.99 in value
  2. 11.50% commission on Jobs between GHS1,150.00 – 1,729.99 in value
  3. 10.00% commission on Jobs between GHS1,730.00 – 2,299.99 in value
  4. 8.50% commission on Jobs between GHS2,300.00 – 2,899.99 in value
  5. 7.00% commission on Jobs from GHS2,900.00 and above

    Minimum Order / Cashout: GHS29.00

 

For Seller Charging in Indian Rupee (INR)

  1. 13.00% commission on Jobs between INR360.00 – 14,499.99 in value
  2. 11.50% commission on Jobs between INR15,000.00 – 21,999.99 in value
  3. 10.00% commission on Jobs between INR22,000.00 – 29,999.99 in value
  4. 8.50% commission on Jobs between INR30,000.00 – 35,999.99 in value
  5. 7.00% commission on Jobs from INR36,000.00 and above

    Minimum Order / Cashout: INR360.00

 

For Seller Charging in Kenyan Shilling (KES)

  1. 13.00 commission on Jobs between KES550.00 – 21,999.99 in value
  2. 11.50% commission on Jobs between KES22,000.00 – 32,899.99 in value
  3. 10.00% commission on Jobs between KES32,900.00 – 43,899.99 in value
  4. 8.50% commission on Jobs between KES43,900.00 – 54,849.99 in value
  5. 7.00% commission on Jobs from KES54,850.00 and above

    Minimum Order / Cashout: KES550.00

 

For Seller Charging in Naira (NGN)

  1. 13.00% commission on Jobs between NGN2,000.00 – 79,999.99 in value
  2. 11.50% commission on Jobs between NGN80,000.00 – 119,999.99 in value
  3. 10.00% commission on Jobs between NGN120,000.00 – 149,999.99 in value
  4. 8.50% commission on Jobs between NGN150,000.00 – 169,999.99 in value
  5. 7.00% commission on Jobs from N170,000.00 and above

    Minimum Order / Cashout: NGN2,000.00

 

For Seller Charging in New Zealand Dollar (NZD)

  1. 13.00% commission on Jobs between NZD7.00 – 279.99 in value
  2. 11.50% commission on Jobs between NZD280.00 – 419.99 in value
  3. 10.00% commission on Jobs between NZD420.00 – 559.99 in value
  4. 8.50% commission on Jobs between NZD560.00 – 699.99 in value
  5. 7.00% commission on Jobs from NZD700.00 and above

    Minimum Order / Cashout: NZD7.00

 

For Seller Charging in Rwandan franc (RWF)

  1. 13.00% commission on Jobs between RWF5000.00 – 198,759.99 in value
  2. 11.50% commission on Jobs between RWF198,760.00 – 298,499.99 in value
  3. 10.00% commission on Jobs between RWF298,500.00 – 397,599.99 in value
  4. 8.50% commission on Jobs between RWF397,600.00 – 496,999.99 in value
  5. 7.00% commission on Jobs from RWF497,000.00 and above

    Minimum Order / Cashout: RWF5,000.00

 

For Seller Charging in South African Rand (ZAR)

  1. 13.00% commission on Jobs between ZAR80.00 – 2,999.99 in value
  2. 11.50% commission on Jobs between ZAR3,000.00 – 4,499.99 in value
  3. 10.00% commission on Jobs between ZAR4,500.00 – 5,999.99 in value
  4. 8.50% commission on Jobs between ZAR6,000.00 – 7,599.99 in value
  5. 7.00% commission on Jobs from N7,600.00 and above

    Minimum Order / Cashout: ZAR80.00

 

CashOut Charges

  1. For USD:
    Direct to U.S. Bank  – $1.00 per transfer
     
  2. For NGN 
    Direct to Nigeria Bank - NGN100.00 per transfer
     
  3. For currencies GBP, EUR, AED, AUD, BRL, CAD, GHS, INR, KES, NZD, &  RWF, ZAR
    1% transfer fee per transfer


 

    Tags

    Commission Matrix
    Commission
    Payment