In this post we will review the top 10 payment gateways in Nigeria. These payment gateways allows you to receive and send money from on person to another electronically.
Electronic commerce is increasing in our time in Nigeria. These electronic processes that utilize the internet makes use of online payment gateways. In this article I will share with you the top 10 online payment gateways available in Nigeria.
Top 10 Online Payment Gateways in Nigeria
Here we go…
1) Vogue pay
This is a leading payment in Nigeria that enables you to make and receive your payments online for visa card and entrazact holders or vogue pay. MasterCard users will need to sign up when they want to make their payments.
Voguepay is user friendly and it enables users to receive payments for their goods and services on their website without making use of a fee for setup.
Voguepay can be used to make local and international payments. Whether you have a website or not you can initiate payments and have them received through and email.
2) Alert pay (Now Payza):
The currency for operating your domicile account is the US dollars. There are options for withdrawing to your Nigerian domiciliary account.
It gives the opportunity to receive payments not only from account holders but also including credit card holders. The platform makes use of Instant Payment notification that enables you to know through IPN handler that you have made a payment and you can make use of this in updating your inventory or in sending mail to the buyers.
This payment gateway is operational in Nigeria and it is among the main global online payment platform that utilises electronic commerce methods, remittances, operational corporate disbursements across the world.
The platform offers all Payza members with the efficient and flexible loading with withdrawal chances like local bank transfer, global bank wire systems, credit/debit card system, prepaid cards etc The platform has up to 9 million members. The service is available in 197 countries.
3) 2Checkout (2CO)
They deal on the reselling of thousands of products and services that are digital. They were formed in the year 2000 and its headquarters is in Columbus, Ohio in the United States.
The platform supports functions that include fraud prevention, financial reporting, sales, customer service and affiliate tracking. The company has been maintaining a reasonable growth from the beginning.
The company tends to offer quality service to new and existing clients without the need to expand at a rate that will not render service to our clients.
It offers you the opportunity to accept payments from customers in more than 200 countries.
4) Zenith Bank GlobalPay
The Zenith Bank Global Pau is an internet-based payment system that let’s you to accept the payments from customers across the globe.
The payment gateway comes with a one time integration of which you can receive payments from different international and local debit and credit cards.
Zenith Bank Global Pay gives your website a global experience and brings about the expansion of your customers. If you do commercial activities on the internet, you have customers from across the globe and Global Pay is suitable for you. Global Pay accepts international and local Inter switch, eTranzact, MasterCard and Visa. You can view transactions as they take place.
There are options for making your realtime online payments and receiving of payments once they are made into your account. The multi card option is acceptable and there is management with transaction reporting. The gateway offers wide outreach.
5) Cash envoy
The platform is an electronic commerce system that allows you to make payments and transfer money made through the Internet. There is funding of cash envoy account with the the Nigerian debit card which can also be done by making online bank transfer.
They offer payment processing that is made for online vendors and sites. Cash envoy demands a transaction fee of a percentage of money sent including an additional fixed amount. The platform is an independent private sector, limited liability company in Lagos.
Payments can be made to other merchants and settlements can be made to other merchants. There is no withdrawal fee subscription and no integration.
You can use that with complete transaction records. Sending of money without sharing financial information is obtainable and you can make use of your debit cards and bank accounts.
This payment gateway let’s users make their free payment with web enabled devices and PCs. It enables any consumer that has an email to adequately, securely and cost effectively receive and make online payments.
Any consumer with email can comfortably make his payment. Their services are offered to online merchants, small enterprises and the network is formed on the infrastructure of credit cards and bank accounts.
Your credits are redeemable for their equivalent cash by selling them back to the platform.
This is a multi channel, multi application and multi branched payment platform that is valid for all networks including Visa, Amex and MasterCard. The gateway is formed as a credible alternative to all transactions that are cash or check based.
It demands for multiple channels that are automatic with automated procedures. The gateway uses valid transaction requests after it runs security checks on the payment cards.
There is protection for the card information and it reduces the administrative overhead of cheque printing and cheques returned.
8) Inter switch Internet Pay
This is a reliable, scalable and secure system for performing electronic transactions in a diverse institutional, functional, online/offline environment. It is always available.
There is acceptance of transactions from a diverse range of payment channels pushing them to external networks. Support is available for major networks and this include MasterCard, Verve and China Union Pay apart from other proprietary networks.
This system is based on an open system that makes use of rational database technology.
9) GT Bank Bank GT Pay
The is accepted internationally with visa and MasterCard. It enables users to receive payments from both international and local payment cards. It gives you timely transaction.
It also offers GT monitoring log that enable merchants to view transactions. It gives you a convenient means of payment and promotes cashless transactions.
10) Fastecash, VTN and softpurse
This payment gateway helps you the receive payments from members with accounts that has processor of the same time.
They hold your electronic current in the naira and you can make withdrawals and make payments using your bank account.
You can use VTN to send and receive naira online and this enables you to find your account which you can use for many purposes.
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