5 Best online payment gateways in Nigeria.

5 Best online payment gateways in Nigeria.

Online payment gateways in Nigeria allow businesses and individuals to collect payments online. Choosing an online payment gateway in Nigeria can be a bit tricky. Since Paypal, one of the biggest global online payment gateways and processor doesn’t allow Nigerians to use its platform to collect money. Nigerians can only collect 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 then you’ll need an online payment gateway in Nigeria.

Best Online Payment Gateways in Nigeria

online payment gateways in Nigeria

The best online payment gateways in Nigeria that are safe, secure, convenient and fast are:

  1. Paystack
  2. Flutterwave
  3. Interswitch
  4. Voguepay
  5. PayU

Lets take a more in depth look at the online payment gateways in Nigeria that you can use to accept payments from anywhere in the world.

 1. Paystack

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.

Online payment gateways in Nigeria Paystack

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 accept payments.

Your users can also securely save their card details while making payments. Which 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 simple user interface and ease of implementation are some of the major reasons it was picked.

Piggyvest-refer

2. Flutterwave (Rave)

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.

Online payment gateways in Nigeria Flutterwave

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

3. 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 account. This online payment gateway also has free plugins for most of the popular website builders for easy integration. Voguepay also features purchase links, buy now buttons donation button, and integration API.

Online payment gateways in Nigeria Voguepay

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

4. Interswitch Webpay

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

Online payment gateways in Nigeria Interwsitch

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).

5. PayU

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

Online payment gateways in Nigeria PayU

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.

Choosing the best online payment gateway in Nigeria

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 on 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.

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