Top Payment Gateways in Nigeria (10 Best Picks)

Updated on December 20, 2023

A detailed list of the best payment gateways in Nigeria for collecting payments online. Criteria used for this comparison include ease of integration, pricing (fees), and user experience.

Online payment gateways in Nigeria allow businesses and individuals to easily collect payments online using different methods or channels like debit cards, bank transfers, direct debit from a bank account, USSD, and mobile money or digital wallets

Choosing an online payment gateway in Nigeria can be a bit tricky. But using the popular and top-notch online payment gateways in Nigeria will get the job done.

Paypal and Stripe, some of the biggest global online payment gateways and processors do not allow Nigerians to use its platform to collect money. Nigerians can only send money with PayPal.

If you looking to set up an e-commerce website, run an online subscription service or generally sell some service or product online that involves you collecting payment via the internet then you’ll need a reliable online payment gateway in Nigeria.

With Nigeria processing more real-time digital payments than the US, there’s a massive market for online payments in the most populous black country in the world.

The top best online payment gateways in Nigeria include Paystack, Flutterwave, CashEnvoy, Voguepay, Interswitch, PayU, Fluidcoins, Fincra

If you’re looking to collect payment for your online store or e-commerce platform in Nigeria, we’ve put together the best payment gateways in Nigeria for you or your developer to consider.

List of Payment Gateways in Nigeria

To help you decide which online payment gateways in Nigeria you can use to accept payments from anywhere in the world, here’s a list of 7 payment gateways in Nigeria:

Paystack Payment Gateway

Paystack is one of the best online payment gateways in Nigeria. With the Paystack online payment gateway, you can start accepting payments in 30 minutes. Accept credit and debit card payments seamlessly online from your customers anywhere in the world.

If your business isn’t registered, you can still accept payments online with this Paystack starter account. An account by Paystack that allows businesses without a Corporate Bank Account or Company Registration Document to accept payments.

Your users can also securely save their card details while making payments. This means repeat users have a faster checkout process.

Paystack Pricing & Features

Paystack Setup Fee: Free
Paystack charge on Local Cards: 1.5% + ₦100
Paystack charge on International Cards: 3.9% + ₦100
Supported Cards: Visa, MasterCard, and Verve
₦100 fee is waived for transactions less than ₦2500 on Paystack.
Support for Subscription Payments: Yes

Learn more about Paystack’s simple user interface and ease of implementation are some of the major reasons it was picked.

See: The Best Personal loan Services in Nigeria

Rave by Flutterwave

If you intend to collect payments in multiple currencies( dollar, pounds, and naira) as payment then Rave by flutterwave should be the online payment gateway in Nigeria you consider. Although you will need a corporate Bank account or company registration document to implement Rave.

Rave by Flutterwave Pricing & Features

Rave by Flutterwave Setup Fee: Free
Rave by Flutterwave charge on Local Cards: 1.4% + ₦50
Rave by Flutterwave charge on International Cards: 3.5%
Supported Cards: Visa, MasterCard, and Verve
Support for Subscription Payments: Yes

VOGUEPAY

Voguepay is an online payment gateway in Nigeria that allows anyone to collect and receive payments globally. Voguepay users can also set an auto-withdraw option on their accounts. This online payment gateway also has free plugins for most of the popular website builders for easy integration. Voguepay also features purchase links, a buy now button, a donation button, and an integration API.

VoguePay Pricing & Features

VoguePaySetup Fee: N1500 (with Corporate Affairs Commission Certificate) and N2500 (with Government issued Identity cards)
VoguePay charge on Local Cards: 1.5% + ₦30
VoguePay charge on International Cards: 3.8% + 0.50 of currency transaction.
Supported Cards: Visa, MasterCard, and Verve
Support for Subscription Payments: N/A

Interswitch Webpay

Interswitch is an online payment gateway in Nigeria that allows businesses and merchants to receive payment online from customers worldwide.

Interswitch WebPay and Webpaydirect is the company’s electronic payments processing system that allows people to collect and make payments in Nigeria.

Interswitch Webpay Pricing & Features

Setup fee: N150,000
Charge on both local & international cards: There is a one-time integration fee of N150,000 and for every subsequent successful transaction, a fee of 1.5% of the value of the transaction subject to a cap of N2,000 is charged. (i.e. for transactions below N133,333, a fee of 1.5% applies), and N2,000 flat fee (for transactions above N133,333).

CHECKOUT: Best Online Saving Platforms in Nigeria to Store Your Funds

PayU

PayU is an online payment gateway in Nigeria that affords a secure, easy and convenient way for you to receive payments from customers. PayU is used by Facebook to collect payments in Nigeria.

When you create an account in PayU, All you need to collect payment from a customer is the customer’s email address or phone number. The customer then receives a payment link that allows them to easily pay via a debit or credit card.

PayU Pricing & Features

PayU has a variety of plans that are suited to different businesses. To choose a PayU plan for your business Visit this link.

Fincra

Fincra allows you to collect payments anywhere globally. Fincra has everything you need, from multicurrency accounts to no-code Pay-In options, for collecting payments across Africa and globally.

Businesses of all sizes and types, from e-commerce platforms to travel and hospitality companies– use Fincra to process online and offline payments quickly and securely.

With Fincra, your customers can pay you via Debit/Credit Cards, Bank Transfer, M-Pesa, Mobile Money, POS Terminal, and PayAttitude.

Fincra offers a Checkout feature that lets you Whether you need to collect recurring subscription fees or sell one-time items. In essence, Fincra checkout helps you to easily accept payments online as your customers interface with a better-converting checkout experience when they want to pay for a purchase.

Fincra charges 1.4% capped at ₦2,000 for using their checkout feature to accept payment on your website or online store

Fluidcoins Payment Gateway

Fluidcoins is becoming one of the popular online payment gateways in Nigeria and Africa as a whole.

With Fluidcoins you can accept borderless Payments, You can accept 10+ cryptocurrencies from customers anywhere in the world.

When customers pay you using Fluidcoins, you will receive the exact value in your local currency regardless of market fluctuations minus 1% (transaction charge).

You can also buy and receive crypto with Fluidcoins. You can start receiving payments in 20 minutes when you sign up for Fluidcoins.

Remita Payment Gateway

Remita is a top payment gateway in Nigeria that lets businesses and organizations get paid faster via Multiple Channels.

If you integrate Remita, you can receive money round-the-clock. A lot of Nigerian organizations like AEDC, EKEDC, DSTV, Waec, and GoTVuse Remita to process their online payments.

Remita Features

Cost: 2% fee capped at ₦‎2,500; foreign cards attract an extra 2% charge
Settlement time: Next day
Payment Options: USSD transactions, debit/credit cards, PoS terminals, bank transfers
Recurrent Billing/Subscriptions: Available

GTPay

GTPay is a secure payment gateway for businesses and institutions to receive payments online in Nigeria, using debit cards given by banks on the Interswitch network. GTPay accepts a wide range of cards; locally and internationally issued cards, VISA, and Master cards, Transactions on GTPay are timely, and businesses can view transactions as they happen.

GTPay, unlike Remita or Pay U, is not free to set up. Its setup costs N75,000. This platform charges 1.5 % of the transaction amount for local transactions, it also takes a monthly charge of N5,000 for international transactions. You need a website to use this payment gateway.

Seerbit

SeerBit is a payment gateway that allows individuals and businesses to collect payments across Africa. Over 15,000 merchants in eight African countries currently use Seerbit. SeerBit merchants can receive payments in 13 currencies like GBP, CAD, and USD.

So for both local and international payments, Seerbit has you covered.

SeerBit provides merchants who don’t have websites or online stores payment links they can share with their customers, similar to Flutterwave and Paystack. You can integrate Seerbit with e-commerce software like WooCommerce, Magento, and Wix.

Seerbit Features

Cost: No setup fees;
Transaction Charges/Fees: 1.5% of local transactions, 3.8% of international transactions
Settlement time: Next day Settlements
Payment options: Direct debit, Bank Transfer, POS, USSD, Bank Account, Card, Mobile Money
Recurrent billing/Subscriptions: Available.

Top 10 Best Online Payment Gateway in Nigeria

Paystack
Rave by Flutterwave
Interswitch
Voguepay
PayU
Fincra
FluidCoins
Remita
GTBay
Seerbit

Now that we have run through the best online payment gateways in Nigeria, Picking the right one out of these online payment gateways in Nigeria for your business depends on your needs and preferences.

An online payment gateway in Nigeria that is perfect for unregistered businesses is Paystack. Because of its starter business account. is the best option for you if you don’t have a Corporate bank account.

If you have a Corporate bank account and you are more concerned about the fees you be charged then You should go with Flutterwave’s Rave. It offers the least charge fees on transactions and you don’t have to pay a dime to start collecting payments with this online payment gateway in Nigeria. However. Fluidcoins and Lazerpay seem to have the best technology and lowest pricing and are definitely worth a try.