Top 14 Online Payment Gateways in Nigeria for Online Business

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

customers in Nigeria have turned to making digital payments online rather than the traditional way of making payments. As it is safe, fast, secure and convenient. Therefore, merchants are expected to be able to meet up with these needs.

As a result, there is a wide range of payment gateways to choose from, as a merchant. Before making your choice, proper consideration must be made. You have to know the solutions each provide,the pricing,the payment methods. Is it local or international? Is it safe and secure? Also, go online to know what people are saying about each payment gateway.

In this article we’ll discuss the most popular payment gateways in Nigeria, with 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 one of the most popular payment gateways at the moment. It allows merchants accept debit and credit card payments online from their customers. It is an easy and reliable way to accept payments across multiple channels, use payment pages to run online campaigns for your products and services without writing code, with an option to 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.

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3. Flutterwave

Flutterwave makes it easier for banks and businesses to process payments across Africa. The service allows consumers to pay for things in their local currency; Flutterwave takes care of integrating banks and payment-service providers into its platform so businesses don’t have to take on the expense and burden.

Rave is a product of Flutterwave which allows website owners accept debit/credit payments from customers in 154+ countries. Visa, MasterCard, Verve are supported. Your customers in the United States of America, 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

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

GTPay is a secure internet payment gateway targeted at facilitating payments online. It plugs in with the existing websites of customers and acts as a bridge between the customer’s website and financial institutions. It also accepts both locally and internationally issued cards including Interswitch, MasterCard and VISA.

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

It allows merchants 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 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 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

eTranzact is one of Nigeria’s multi-application and multi-channel electronic transaction switching and payment processing platform.

eTranzact has operations in Nigeria, Ghana, Kenya, Zimbabwe, South Africa, Cote d’Ivoire, and UK and is currently expanding to many other countries.

Its services includes all types of e-payment from ATM, Internet, POS, and Mobile.

eTranzact also accepts all cards issued locally from Nigerian banks eg cards like Visa and Master Cards.

6. VoguePay

With VoguePay a website owner can receive payment for their goods and services on their website without any setup fee. VoguePay’s global coverage allows consumers and businesses to safely make and receive payments in all major currencies, regardless of location.

It allows merchants give their customers more ways to pay online ranging from internet banking (direct pay), wallet transfers, mobile payment, subscription billing to Bitcoin payment. Receive and make online payment from anyone even if they have 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.

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8. CashEnvoy

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

Websites that accept CashEnvoy can accept payment from all the main Nigerian debit cards and also from the CashEnvoy wallet.

CashEnvoy facilitates the transfer of money from person-to-merchant using the web application and personal email addresses.

With CashEnvoy you can send money without sharing your financial information and also it has the flexibility of making payment using their bank accounts and debit cards. CashEnvoy registration and making payments is free of charge.


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 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

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

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

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.

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.

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