Top 14 Online Payment Gateways in Nigeria for Online Business

The most common Top 14 Online Payment Gateways in Nigeria for Online Business

Payment Gateways in Nigeria :  Customers in Nigeria have turned to digital payments online instead of traditional payment methods. Because it is safe, fast, safe and convenient. Therefore, businesses are expected to meet these needs.

As a result, there is a wide range of Payment Gateways in Nigeria to choose from, as a merchant. Proper consideration must be given before making your choice. You have to know the solution, pricing, payment method for each offer. Is it local or international? It’s safe secure? Also, go online to know what people are saying about each payment gateway.

In this article we will discuss the most popular payment gateways in Nigeria, including their features and pricing:

  • Paystack
  • Flutterwave
  • GTPay
  • Interswitch Webpay
  • eTtranzact
  • VoguePay
  • SimplePay
  • CashEnvoy
  • FirstPay Link
  • GlobalPay
  • PayU
  • U-Collect
  • DusuPay
  • Remita

1. Paystack


Paystack is Currently one of the most popular payment gateways. It allows merchants to accept debit and credit cards from their customers for online payments. It’s a simple and reliable way to accept payments across multiple channels, use payment pages to run your online campaigns for products and services without writing code, and optionally run your subscription business with ease.

As a Paystack merchant, you can payout money directly from your Paystack dashboard to any bank account in the country.


Setup Fee: Free

Local Cards: 1.5% + ₦100

International Cards: 3.9% + ₦100

₦100 fee is waived for transactions less than ₦2500.

see also : Design Your Professional Website, blogs plus Free google marketing

2. Flutterwave


Flutterwave   Making it easier for banks and businesses to process payments in Africa. The service allows consumers to pay for items in local currency;Flutterwave is responsible for integrating banks and payment service providers into its platform, so businesses do not have to bear the costs and burdens.

Rave is a Flutterwave product that allows website owners to accept debit/credit card payments from customers in 154+countries. Support for Visa, Mastercard, verve. Your customers in the United States, South Africa and Nigeria can pay you directly from their bank accounts.


Local Payments:

Payment method: MasterCard, Visa, Bank Account, USSD- 1.4%Processing fee

International Payments:

MasterCard, Visa, American Express-3.5% Processing fee

3. GTPay

Top 14 Online Payment Gateways in Nigeria for Online Business

GTPay is a product of GTBank one of Nigeria’s top banks.

GTPay is a secure internet payment gateway designed to facilitate online payments. It plugs into the customer’s existing website and acts as a bridge between the customer’s website and the financial institution. It also accepts cards issued locally and internationally, including Interswitch, Mastercard and VISA.

The merchant receives value within the next business day after the local transaction and within 48 business hours after the international transaction

It allows merchants to view transactions as they occur.


Setup fee: N75,000

MasterCard/Visa (local): 1.5% of transaction amount (subject to a maximum of N2,000)

Interswitch Verve (local): 1.5% of transaction amount (subject to a maximum of N2,000

MasterCard/Visa (International): 3% of transaction amount; no cap

International Gateway Monthly Charge: N5,000

4. Interswitch Webpay


Interswitch  : Is an integrated digital payments and commerce company focused on Africa, promoting the Electronic Flow of money as well as exchange of value between individuals and organizations on a timely and consistent basis. Web merchants can receive online payments from cardholders viaInterswitch WebPay or Webpaydirect.


Setup fee: N150,000

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. eTtranzact



It is one of the multi-application and multi-channel electronic transaction exchange and payment processing platform in Nigeria.

eTranzact has operations in Nigeria, Ghana, Kenya, Zimbabwe, South Africa, Cote d’ivoire and the United Kingdom and is currently expanding to many other countries.

Its services include all types of electronic payments from ATM, internet, POS and mobile devices.

eTranzact also accepts all cards issued by banks in Nigeria, such as Visa and Master cards.

6. VoguePay


With VoguePay , Website owners can receive payments for their goods and services on their website without any set up fees. VoguePay’s global reach enables consumers and businesses to securely make and receive payments in all major currencies, regardless of location.

It allows merchants to give their customers more ways to pay online banking (direct payments), wallet transfers, mobile payments, subscription billing bitcoin payments. Receive and make online payments from anyone, even if they have a Voguepay account or not.


Setup fee:
N1500 (with Corporate Affairs Commission Certificate) and N2500 (with Government issued Identity cards)

Verve Card/ Naira MasterCard: 2.5%

Visa (Vpay) integration: 2.5%

International Payments( USD Debit/Credit Card Visa and MasterCard): 4.5% (No Gateway Fees Applicable)

Withdraw Funds:
1% + 120 Naira

7. SimplePay


Just like the name suggests,with SimplePay all you need is an e-mail address and a bank account to securely, send and receive payments online.

SimplePay is formulated for merchants and small businesses owners and individuals.

Note: SimplePay is not accepting new merchants anymore


Setup Fee: N300 per bank account verification

Local payments:

Verve Card/ Naira MasterCard: 1.5%

eTranzact Card/Web: 1.5%

Visa (Vpay) integration: 1.5%

International Payments (Debit/Credit Card Visa and MasterCard-Zenith Bank Transfer): 5%

Withdraw Funds:
Transfer money to your linked bank account: N300.00 per transaction.
SMS Charges: N2
Receive Money: 1.00% plus N10.00 per transaction.

see also : Best websites to make money online from home

8. CashEnvoy

CashEnvoy  is a payment service provider in Nigeria that allows businesses to receive payments online.

The site that accepts CashEnvoy can accept debit cards from all major Nigeria and also pay from CashEnvoy wallet.

CashEnvoy uses web applications and personal email addresses to facilitate money transfers from individuals to merchants.

With CashEnvoy you can transfer money without sharing your financial information, there is also the flexibility to make payments using their bank accounts and debit cards. CashEnvoy registration and payment is free.


Send/Make Payments (To business account only): Free

Withdraw funds: N120.00 (fee for withdrawals of ₦4,000.00 or less)

Receive payments:

Local: 1.5% + N25.00 |

Intl: 3.9% + N12.60

9. FirstPay Link


FirstPayLink is a payment solution that enables internet payments on merchants and ecommerce websites. It is a multi-platform internet payment.

It allows internet payments using InterSwitch, eTranzact, Visa and MasterCard cards.

FirstPayLink is a product of First Bank Nigeria.


Setup fee:

A one-off implementation cost of N50,000 per Switch (Card scheme), to be borne by the Merchant.

Transaction fees:

Transaction charge of 1.5%, subject to a maximum of N2,000. To be borne by the Merchant.

see also : Design Your Professional Website, blogs plus Free google marketing

10. GlobalPay


With a one-time integration, GlobalPAY enables merchants receive payments via MasterCard, Visa and Verve cards from any part of the world.

With GlobalPAY, your website will also have the functionality of accepting and monitoring mobile payments made via mobile phone.
An online log is available to view all transactions as they occur on your website.

GlobalPAY accepts MasterCard, Visa, Verve and eTranzact cards. GlobalPay is a product of Zenith Bank Nigeria.


Setup fee (Local): ₦75,000.00

Transaction fee: 1.5% of transaction amount (subject to a maximum of ₦2,000

Setup fee (International): ₦75,000.00

Transaction fee: 3.5% of transaction amount; no cap

Monthly Access Fee: ₦5,000.00

Foreign Settlement Charge: $50 (per settlement)

11. PayU


PayU is a secure, easy and convenient way for your customers to pay you. All you need is the customer’s email address or phone number to send the payment link to your customer and allow them to easily pay via card. The current payment methods include credit cards and e-commerce enabled debit cards.

Click on this link: to choose a plan that is best for your business.

12. U-Collect


U-Collect is a solution which allows merchants to accept card payments from customers who desire to do online purchases using their various cards. It is a gateway that connects merchants, cardholders, and financial institutions, offering the assurance of secure transactions and timely payments.

It processes all local types of card payments (Verve, Genesis, MasterCard, Visa and eTranzact. Also, international payment from MasterCard and Visa are accepted.

Setup fee: Free

Free monthly fee.

Transaction fees: 1.5% (with a maximum cap of N2000) per transaction.

13. DusuPay

Top 14 Online Payment Gateways in Nigeria for Online Business

DusuPay provides the most secure, efficient, simple and fast infrastructure to process payments globally with Africa. get started for free.

It accepts payments from Visa, MasterCard and Verve.


There are 4 plans available. Check out their pricing page:, to choose which suits your business best.

14. Remita

Top 14 Online Payment Gateways in Nigeria for Online Business

Remita is one of the top payment gateways in Nigeria. It’s the number one choice from the government to collect digital payments meaning its a reliable party to work with.

Remita offers a wide range of payment methods including Internet Banking, Debit/Credit Cards, Bank Branch, POS Terminals, Mobile Wallet, Cash Agents, mPOS, Direct Debit, Standing Order and Electronic Purse.

Pricing was not disclosed at the time of writing.

Remita is one of the top payment gateways in Nigeria. It’s the number one choice for governments to collect digital payments, which means it’s a trusted partner.

Remita offers a wide range of payment methods including internet banking, debit / credit cards, bank branches, POS terminals, mobile wallets, cash agents, mPOS, direct debit cards, standing orders and e-wallets.

At the time of writing, the price was not disclosed.

At Accounteer, we encourage our customers to have at least one payment gateway in use, which can be integrated to our platform to enable them get paid 3X faster.

The Nigerian payment gateways that are currently available on our platform are: Paystack, Rave, Interswitch, SimplePAY, DusuPay.





Fact Check

We strive for accuracy and fairness. If you see something that doesn’t look right, contact us!

Thanks for reading and remember to share this post on social media 

Show More

Leave a Reply

Back to top button