FAQ - LAND OF STUDIES PAYMENT (LOSPAY)

Built for Africa. Ready for the World.

We’re proudly rooted in Africa, with a global vision. LOSPay is designed to support businesses in emerging markets while meeting international standards for security, speed, and scalability.

General Questions

Frequently Asked Questions

Account & Security

Visit lospay.net/signup and follow the onboarding steps. You’ll need a valid email, phone number, and business or personal verification documents

Yes. LOSPay uses end-to-end encryption, two-factor authentication (2FA), OTP and complies with PCI DSS and GDPR standards to protect your data and transactions.

Yes. Freelancers and individuals can use LOSPay with personal verification. For advanced features like bulk payouts or API access, business registration is required.

International Payments

Yes. LOSPay supports cross-border payments to select African and global markets. Currency conversion fees may apply.

We currently support XAF, USD, EUR, and GBP. More currencies are being added regularly.

Yes. LOSPay provides real-time FX rates and automatic conversion during international transfers.

Developers & API

Yes. Our RESTful API allows you to integrate LOSPay into your website, app, or other platforms. Visit LOSPay API documentation.

Use our sandbox environment to simulate transactions and test integrations before going live. (Coming Soon)

Absolutely. LOSPay’s API supports bulk payouts, scheduled transfers, and webhook notifications. (Coming Soon)

We use API keys with HMAC-SHA256 signatures. OAuth2 is coming soon.

Yes. LOSPay supports plugins for WooCommerce. Shopify, Joomla, and other CMS platform are Coming Soon

Yes. You can initiate MTN and Orange Money payouts via our API in Cameroon.

 

Use our webhook system to receive real-time failure alerts. Retry logic and error codes are documented at https://docs.lospay.com/errors.

Payments & Transfers

We support mobile money (MTN, Orange), bank transfers, debit/credit cards, and LOSPay wallet-to-wallet payments.

  • Mobile money: Instant
  • Bank transfers: 1–3 business days
  • International payouts: 2–5 business days depending on destination

Yes. Limits vary by account type and verification level. You can view your limits in the dashboard under “Account Settings.”

Fees & Pricing

  • Local transfers: 2.75%
  • International transfers: 5.9% + FX fee
  • Card payments: 7.5%
  • Wallet-to-wallet: Free

No. LOSPay has no setup or monthly maintenance fees. You only pay per transaction.

Yes. Businesses processing high volumes can request custom pricing. Contact Support

Troubleshooting & Support

Check your transaction history and ensure your recipient details are correct. If unresolved, contact support by generating a ticket on your dashboard or Live Support

Click “Forgot Password” on the login page and follow the instructions. For added security, enable 2FA after resetting.

Yes. Our support team is available via live chat, email, and phone from 8 am–8 pm CET, Monday to Saturday.

 

  • Sign up at Click Here To Signup
  • Choose “Individual” or “Company”
  • Upload Personal document or business documents with respect to the account type
  • Verification takes 1 business day
  • Once approved, access your dashboard
  • Link your bank or mobile wallet On the wallet menu on your daskboard
  • Configure payout preferences
  • Enable PIN for security
LAND OF STUDIES PAYMENT (LOSPAY)
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