Payment providers in Nigeria
Payment providers in Nigeria: PSPs, payment gateways and aggregators for pay-ins and payouts — local methods, rates and onboarding terms. Listings: 53.
Business Expansion LLC
Business Expansion is a business infrastructure and international expansion partner helping iGaming, Web3 and FinTech businesses establish, structure and scale…
Brij
Brij is a platform for cross-border bill payments, money transfers and business payment acceptance. The company offers local collection and payouts in Nigeria…
Capitalist
Capitalist is a payment system operating since 2014. Its core use case is mass payouts via API: a business can send money to partners and contractors across…
Chipper Cash
Chipper Cash is a money transfer and multi-currency wallet platform that opens its network to businesses through a Network API. The company is listed in the…
dLocal
dLocal is a Montevideo-based payment platform founded in 2016 and listed on NASDAQ (DLO). It gives international companies one API and one contract for…
Flutterwave
Flutterwave is a payments platform for acceptance, payouts and cross-border transactions with a strong footprint in Africa. It was founded in 2016 and is based…
Fondy
Fondy is a payment service provider founded in 2016. It accepts international card payments, serves marketplaces and can split payouts between several parties…
Hello Paisa
Hello Paisa is an international money transfer service from South Africa. Money can be sent through a mobile app, a USSD menu or an agent network, and the…
Jeton Wallet
Jeton Wallet is a payment system with an e-wallet and virtual cards, founded in 2018. The service accepts top-ups from major card schemes and crypto wallets…
JuniPay
JuniPay is a payment provider from Ghana for accepting payments, processing international transfers and sending mass payouts to bank accounts and mobile…
Jupiter
Jupiter is a payment provider founded in 2024 that offers P2P transfers and crypto processing connected via API. The company openly works with betting and…
Kora
Kora is a payment service provider for African markets that covers two tasks: collecting payments via payment links and making payouts. It operates in seven…
LemFi
LemFi is an international money transfer service that works through a mobile app. Money can be sent from Canada, the United States, the United Kingdom and…
Mamlaka
Mamlaka is a Kenyan payment provider for collecting and sending payments. Merchants sign up through a self-onboarding portal, pass online KYC and integrate via…
MoneyGo
MoneyGo is an e-wallet for transfers and payouts to individuals and businesses. It can be funded by bank transfer or through a network of partner exchange…
MoneyTO
MoneyTO is a UK money transfer operator. Money is sent from the United Kingdom and credited to a bank account or card, or paid out in cash to the recipient…
Mukuru
Mukuru is a money transfer service focused on Africa and international corridors. Its page for senders in Malawi lists recipients in African countries, Asia…
Network International
Network International is a payment processor and white-label acquiring provider for the Middle East and Africa, headquartered in Dubai and established in 1994…
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Payment providers by country
Subsections
Payment processing in Nigeria
Nigeria is Africa's largest digital payments market and a transfer-first one. Instant bank transfers over the NIBSS Instant Payment (NIP) rail — including "pay with transfer" via dynamic virtual accounts — compete with cards (domestic Verve, plus Visa and Mastercard), USSD codes for feature phones, and fintech wallets. Payment service providers, switches and mobile money operators are licensed by the Central Bank of Nigeria (CBN). Naira volatility and periodic FX shortages make settlement currency a key question for foreign merchants. {count} providers on this page declare Nigeria coverage.
Payment methods in Nigeria
- Bank transfer — NIP instant transfers and virtual accounts; the dominant pay-in and payout rail.
- Cards — Verve, Visa, Mastercard; OTP-based authentication, mixed approval on cross-border.
- E-wallets and mobile money — fintech wallets and PSB mobile money.
- QR, cash and other local APMs — agent networks and USSD-based options.
How to choose a PSP in Nigeria
- Licence and partner bank: who holds the CBN licence and where funds are held.
- Transfer success rate: NIP outages and reversals happen — ask about auto-reconciliation and how failed transfers are refunded.
- Settlement: NGN locally or USD/USDT offshore; check the conversion source and delays.
- Payouts: mass payouts to any Nigerian bank account by NUBAN, limits and fees.
- Verticals: sports betting is huge and licensed at federal and state level; betting, casino and forex merchants need a provider that explicitly accepts gaming.
Betting, iGaming and P2P
Operators searching for a betting or casino payment gateway in Nigeria use local transfer-based PSPs, while P2P processing and teams in Nigeria cover peer-to-peer flows with USDT settlement. Exchangers in Nigeria and liquidity providers help with NGN↔USDT conversion.
Related hubs
Merchants in Nigeria · Banks and EMI in Nigeria · Legal and licensing in Nigeria · Tech in Nigeria
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