List of Payment Gateways in Nigeria

Online transactions in Nigeria have taken over the financial market and merchants are turning to this, rather than the traditional way of making payments. Online transactions are safer faster, much more convenient, and also secure. As a Nigerian merchant and consumer, there is a wide range of payment gateways to choose from. However, before making your choice, you have to properly understand what the payment gateways are about. Know what specific solutions each provides, the charges, the payment options offered, and how safe and secure it is. You should also check online to know what people are saying about each payment gateway. That is what this article is about. We will discuss the payment gateways in Nigeria and provide you with other information you need to know about them.

List of Payment Gateways in Nigeria


Paystack is one of the most popular payment gateways in Nigeria. With Paystack, merchants can accept both debit and credit card payments online from their customers. Paystack has been proven to be a reliable and easy way to accept payments across various channels. You can also use payment pages to run online campaigns for your products and services. When using Paystack, you can pay out money directly from your Paystack dashboard to any bank account in the country. Setting up a Paystack account is free.

Local Cards are charged 1.5% interest + ₦100

International Cards are charged 3.9% + ₦100

However, the ₦100 fee is waived aside for transactions less than ₦2500


Interswitch is a payment service for businesses and individuals who want to accept international and local card payments online. You can receive online payment from any cardholder using Interswitch WebPay or Webpaydirect. Customers can also pay for goods and services by their bank cards.


With Flutterwave, businesses and banks are able to process payments across Africa. Flutterwave allows consumers to pay for goods and services in their own local currency. The website handles the integration of banks and other payment services into the Flutterwave platform. Merchants do not have to worry about this.

When making payments within the country, Flutterwave offers the following options: MasterCard, Visa, Bank Account, with a charge of 1.4% of the amount as processing fee.

For International Payments, you can make use of MasterCard, Visa, American Express with a charge of 3.5% as processing fee.


GTPay is a product of Guarantee Trust Bank which is one of Nigeria’s most popular and trusted banks. GTPay is a secure way of making payments online. The website plugs in with the existing websites of its customers (merchants) and acts as a bridge between the customer’s website and the financial institution(s) to be used. GTPay also accepts both locally and internationally issued cards including that of Interswitch, MasterCard, and VISA. For local transactions, merchants get their payment the next working day after the transaction has been made, while international transactions get paid after 48 working hours. With GT pay, merchants can also view transactions as they occur. GT pay is set up for N75,000.

When using MasterCard/Visa for local transactions: 1.5% of the transaction amount is charged (subject to a maximum amount of N2000)

When using Interswitch Verve card for local transactions: 1.5% of the transaction amount is charged (subject to a maximum amount of 2000)

When using MasterCard/Visa card for international transactions: 3% of the transaction amount is charged

Internationally monthly charge of N5,000

Note: You must have an account with GTBank to be able to use GTPay.


eTranzact is another application for online payment and processing. eTranzact has operations in many African countries such as Nigeria, Ghana, Kenya, Zimbabwe, South Africa, Cote d’Ivoire, and also the United Kingdom. With eTranzact, you can process all kinds of payments from ATM, Internet, POS, and Mobile. eTranzact also accepts all Nigerian bank cards such as Visa and Master Cards.


With VoguePay, a business owner who has a website can receive payment for their goods and services without having to pay any fee for setup. VoguePay is a global platform, thus it allows consumers and businesses to safely make transactions in all major currencies, regardless of their location. With VoguePay, merchants can give their own customers more online options, ranging from internet banking (direct pay), wallet transfers, mobile payment, subscription billing to Bitcoin payment. One can also receive and make online payment people who do not have a Voguepay account.


CashEnvoy is a payment service in Nigeria that allows businesses to receive payment online. Websites that use CashEnvoy can accept payment from all the major Nigerian bank cards and also from the CashEnvoy wallet. CashEnvoy allows users to transfer money from person-to-merchant using the web application and personal email addresses, bank accounts, and debit cards. With CashEnvoy, you can also send money without sharing your financial information. Registering with CashEnvoy and making transactions is free of charge.

Making transactions to business accounts only is free.

For withdrawal of funds: N120.00 is charged for withdrawals of ₦4,000.00. When receiving payments within the country, 1.5% of the transaction amount + N25.00 is charged

For international transactions, 3.9% of the transaction + N12.60 is charged

FirstPay Link

FirstPayLink allows internet payments using InterSwitch, eTranzact, Visa, and MasterCard cards. It is a product of First Bank Nigeria. A setup fee of N50, 000 is charged per card. When making transactions, 1.5% of the transaction amount is charged (subject to a maximum of N2,000)


Those who use GlobalPay are able to receive payments via MasterCard, Visa, Verve, and eTranzact cards from any part of the world. One is also able to monitor mobile payments and view previous transactions via an online log. GlobalPay is a product of Zenith Bank Nigeria. For local transactions, GlobalPay charges a Setup fee of ₦75,000.00

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

For international transactions, 3.5% of the transaction amount is charged.

Monthly Access Fee: ₦5,000.00

Foreign Settlement Charge: $50 (per settlement)


PayU operates across Asia, Africa, Central, and Eastern Europe, Latin America, and the Middle East. The website accepts local and international Mastercard, Visa, Verve, and online electronic bank transfer and even offline payment. The set-up is free.


Remita is one of the most popular payment gateways in Nigeria. It is used even by government agencies which speak of its reliability. Remita offers a wide range of services such as Internet Banking, Debit/Credit Cards, Mobile Wallet, mPOS, Electronic Purse, etc.