Top online payment gateways in nigeria (africa) for e-commerce 2023

August 16, 2019

[vc_row][vc_column][vc_column_text]So we recently compiled a list of online payment gateways in Nigeria and would like to share them with you. Feel free to give us feedback on some or any of the payment gateways you might have used. payment gateway is an application that allows payment for e-businesses and online retails, if you run an online eCommerce store then there’s no way around it you’ll definitely need a payment gateway. Brands and businesses in Nigeria (Africa) have turned to making payments online instead of the conventional way of making payments simply because it’s safe and secure, thus the recent increase in the fintech sector on payment gateways. So here’s our list of the most popular payment gateways/services used in Nigeria, we will talk about the USP (unique selling points) and pricing for each brands enjoy!![/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Table of content

  1. Paystack
  2. Flutterwave
  3. PayU
  4. Cashenvoy
  5. Voguepay
  6. GTpay
  7. Interswitch pay
  8. Remita
  9. Dusupay
  10. Konga pay
  11. Amplify


Paystack is one of the popular payment gateways solutions out their both for startups and techies. Whether small or big enterprises paystack offers everything you need to accept payments. It’s an easy and secured way to accept payments from your customers, as a paystack merchant you can pay money directly from your dashboard into anyone’s account (any bank). Here are some of their unique selling points

  1. Paystack seamless payment experience

Paystack allows you to pay with the following options (Card, Bank, GTB (737), visa QR & Mobile Money)

  1. Paystack makes sure you get paid anywhere you are. Payments can be completed with few clicks on your website
  2. Paystack withdrawal process is also seamless, they boost of 24 to 48hrs cash withdrawal policy
  3. Paystack smart error resolution: for failed transactions, they proactively suggests alternative payment channels to the customer, so they can try paying through different method

Paystack Pricing

Setup fee: free

Local transaction: 1.5% + N100 (The N100 fee is waived for transaction below N3000)

International transaction: 3.9% + N100

Click here to learn more about paystack


Flutterwave allows banks and businesses to process payment across Africa. Flutterwave makes it easier for consumers to pay for products/services in their local currency, for now flutterwave has 2 major products namely bater and rave.

Bater: is basically a social friendly payment solution for end users, a platform where users can make payment of their bills with ease

Rave: is a product of flutterwave which opens your business to more opportunities by letting you accept

Payment from over 154+ countries. Visa, mastercard and verve are all supported. Your customers from various part of the world can make payment to your account


Setup fee:  free

Local payment: Mastercard, visa, bank account, ussd: 1.4%

International payment: Mastercard, visa and amex: 3.8%

Click here to learn more about flutterwave



PayU is one of the leading online payment service provider dedicated to creating a fast, simple and secure payment process for merchants and buyers. They provide a convenient way for customers to pay you, all you need is the customer’s email address or mobile number to generate a payment link for them to pay. PayU is one of the few that provides a white label payment gateway which allows you to basically start your own payment gateway business without having a big technical infrastructure.

Pricing: not available

Click here to learn more about PayU



CashEnvoy allows businesses to receive payments online. Websites that integrate with CashEnvoy can receive payment from all major Nigerian debit cards, international visa/ Master cards and also from CashEnvoy wallet.


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

Withdrawal: N120.00 (fee for withdrawal of N4,000.00 or less)

Receive payment: Local – 1.5% + N25.00 | Int’l – 3.9% + N12.60

Click here to learn more about cashEnvoy


Allows ecommerce website owners to safely receive payment for their goods and services without any set up fees at all. They accept payments in major currencies irrespective of your location and also allows users to accept bitcoin as means of payment.

Multiple payment choice: give your customers varieties of payment option

Ease of integration: its developer friendly, allows developers and non-developers to easily integrate with their API

Easy account management: switch between personal and business account with ease!


Integration: Free (fees may apply for customization)

Merchant Verification: ₦ 1,500 (with CAC) and ₦ 2,500 (with Govt. issued ID cards)

Local Transactions (Naira Cards): 1.5% Transactions above ₦2,500 1.5% + ₦30

International Transactions (USD MasterCard & VISA Cards): 3.8% + 0.50 of currency transaction

Click here to learn more about VoguePay


Is a subsidiary of Guarantee Trust Bank (GTBank) one of Nigeria’s top banks, GTpay is a secured payment platform for members of GTbank. The platform allows website owners to easily receive money from online.

International Acceptance: GTPAY accepts both locally and internationally issued cards including Interswitch, MasterCard and VISA.

Timely transaction processing: Merchants get value next working day after transaction takes place for local transactions and 48 working hours for international transactions

GTPAY monitoring log: GTPAY comes with a unique, online monitoring console that allows merchants view transactions as they occur.

Reduced sign-on fee: GTBank is a certified developer partner so we take off GTPAY set-up fee for our merchants and as such the set-up fee is waived for them.


Setup Fee: ₦75,000

Local Transactions: 1.5% of transaction amount (subject to a maximum of N2,000)

International Transactions (MasterCard, VISA): 3% of transaction amount; no cap.

International Gateway Monthly Charge: N5,000

Click here to know more about GTpay

Interswitch webPay

Interswitch is an Africa-focused integrated digital payments and commerce company that facilitates the electronic circulation of money as well as the exchange of value between individuals and organisations on a timely and consistent basis. A web merchant can receive online payment from cardholders via Interswitch WebPay or Webpaydirect. Webpay integrates directly into your website and enables funds to be paid into your account.


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).

Click here to know more about interswitch webPay


Remita is the most comprehensive way to make & receive electronic payments in Africa. Whether you intend to use Remita for personal or business purposes, this multi-device platform lets you view all your bank balances – from different banks – on a single screen, easily transfer money to one or more beneficiaries, pay bills, view detailed transaction reports on-the-go, and much more. 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: not available

Click here to know more about Remita


DusuPay provides the most secure, efficient, simple and fast infrastructure to process payments globally with Africa, you can get started for free today. They work with Businesses of all types including Betting companies, Money remittance companies, Forex companies, app development companies or literally any business that needs to accept payments from local modes of payment and pay out to the local modes of payment especially in Africa.


There are 4 plans available. Click here to know more about Dusupay pricing


KongaPay is a potential game-changer on the e-commerce and online shopping space in Nigeria and looks set to test the resilience of Interswitch.

  • Simple and easy way of accepting payments.
  • Hassle-free integration to your websites and mobile apps.
  • Fast, reliable & secure with fraud prevention to minimize risks and chargebacks.
  • Seamless payment experience for your customers.
  • Guarantee future revenue by allowing your customers setup recurring payments.

Click here to know more about KongaPay


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Amplify is the smartest way to accept and manage recurring payments in Nigeria.

World-class, bank-level security: All transactions are processed via a PCIDSS compliant and 3D Secure payment gateway via an SSL encrypted channel

Get your money within 24 hours: Payments made through Amplify will be in your company bank account within 1 day.

Card correction technology: If there’s an issue with your customers’ card, Amplify will automatically retry until payment goes through, for up to 2 days.

Multiple payment options: Accept payments in over 40 currencies from VISA, Mastercard, Verve, and American Express. Your customers will also be able to pay directly from their bank accounts.

Accept payments without needing a website: You can accept payments without needing a coder. Create a simple form, send the link to your customer, and get paid.


Setup Fee: Free

Local Transactions: 1.5% + ₦20 (capped at ₦2,000)

International Transactions: 3.8% + ₦20

Click here to know more about Amplifypay



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Do you know of any other that should make the list?

Do you have questions or comments concerning the list above?

Feel free to leave a reply in the comments section below.[/vc_column_text][/vc_column][/vc_row]

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