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10 Leading Payment Gateways for eCommerce and Websites in Nigeria [UPDATED]

The best payment gateway in Nigeria is the one that is very easy to use, accepts major payment sources and has good customer service support. In this article, we review the top 10 payment gateways in Nigeria that will help you to run your eCommerce business and website successfully. These payment gateways allows you to receive and send money from one person to another electronically.

As we know that eCommerce is now the new oil in the business world. Most businesses have strived to have an online audience that helps them to sell either goods or services to their customers/ clients. Years back, the growth of the eCommerce aspect of business has been dormant as there were no adequate measures to send and receive payment online. This has affected the establishment of web stores in Nigeria.

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Now we have proper channels to send and receive money online and this has helped the online business world in Nigeria. We now have payment gateway companies in Nigeria that have made online transactions in web stores faster, easier, convenient, and more secure. Now a merchant in a town in Enugu or Kaduna can easily set up his/her web store, accept payment and deliver the goods to anywhere in Nigeria and even outside Nigeria.

Although we now have several online payment gateway companies in Nigeria, we will limit our focus on this to the top ten payment gateways for eCommerce websites in Nigeria. This article showcasing the list of payment gateways in Nigeria is meant as a review and mainly for informative purposes. This is done to make you aware and have a knowledge of their services. This list is collated to help you make decisions that will help you in successfully running your business. The article will help you determine which payment gateway is most suitable for your web store.

First, let us talk about some features you should look out for when finding the best payment gateway for your eCommerce website.

Things should know when finding a payment gateway that fits your eCommerce company.

When you want to choose a payment gateway for your company, it is important to know some basic features of the payment gateway to know if the payment gateway will be suitable and comfortable for you and your customers to use.

1.   Network Security

When you want to determine which gateway is the best payment gateway in Nigeria, it is very important to consider a good network. This is necessary because you need to give your customers a feeling that they can trust your payment gateway system. They need to know that financial information is secure on the website when they are buying your product or services.

2.   Transaction Fee

Each payment gateway differs in the amount they charge for the transaction fee. This makes it necessary to make adequate research before choosing the payment gateway you want to use. You might want to go for a payment gateway that charges a low transaction fee but always put in mind that your customer’s welfare and satisfaction come first. Therefore, you need to factor this in and not only consider how high or low the transaction fee is.

3.   International Transactions

As we know that the internet is a global world and not just Nigerians can be found on the internet. You should consider the fact that you might be getting a customer who is outside Nigeria. You need to make sure that the payment gateway you are choosing will allow your customers coming from other parts of the world to buy your products and services.

You need to choose payment gateways that accept international transactions as you do not want to just limit and restrict yourself to clients or customers from Nigeria alone.

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Top Ten Payment Gateways in Nigeria

10 Leading Payment Gateways for eCommerce and Websites in Nigeria

Here is a list of the top ten payment gateways in Nigeria that will help you to run your business successfully.


It can be said that Paystack is one of the best and most popular payment gateways in Nigeria. Paystack allows web store owners receive payment through credit cards, debit cards, and also via other channels. A feature of Paystack that makes it outstanding is that you do not need to have a website to use Paystack. It allows businesses to receive their money through invoices or their payment pages.

The transaction fee for local transactions is 1.5% plus an additional fee of 100 naira (note that the additional 100 naira will not be applicable for transactions that are less than 2500 naira). For international transactions the fee is 3.9% plus 100 naira.

See Also: Some Effective Tricks for E-Commerce Business Owners to Stick to their Debt Repayment


Flutterwave allows you to receive payment both internationally and locally with zero stress and set-up fee. This payment gateway support receiving payment in several currencies. They have made online payments safe, secure, and easy.

The local transaction fee is 1.4% while the international transaction fee is 3.8%.

#3 Voguepay

Voguepay is an easy and secure way to send and receive money all over the world. This payment gateway has made it possible for customers and businesses to transact in all major currencies irrespective of location. Voguepay does not ask web store owners to pay for set-up as having an account with them is free.

A unique feature of Voguepay is that it provides a safe platform where payment in bitcoin is accepted.

The fees that apply include;

Merchant verification: this costs 1500 naira when you’re using CAC but 2500 naira with government-issued identity cards.

Transaction fee: local transaction fee is 1.5%


GTPay is a payment gateway that is established by GTBank to aid online payment using debit cards. The GTPay gateway accepts cards issued both locally and internationally. A special feature of this payment gateway is that it is structured in a way that enables businesses to view the transactions as they occur.

The set-up fee for GTPay is 75,00 naira and the local transaction fee is 1.5% of the transaction amount. The international transaction fee is 3% of the transaction amount.

Note that you can’t use GTPay without having an account with GTBank.

See Also: Top 10 Online Payment Gateways in Nigeria


This payment gateway is most commonly used for online payment in the government sector. It is a powerful tool for eCommerce that can be used in various fields. It can be used by insurance companies, educational institutions.

Remita charges 2% and 4% for local and international transactions respectively.


Interswitch webpay is also one of the best payment gateways in Nigeria. It enables funds to drop into your account. This payment gateway is established by Interswitch which is a well-known and trusted name in payments.


This payment gateway is the best way to accept and manage payments that recur in Nigeria. All transactions done with this gateway are processed through a 3D secure payment gateway with an SSL encrypted channel. A unique feature of this gateway is that it will automatically retry payments until it goes through if there is an issue with the customer’s card. Also, you can receive payments without having a website, all you have to do is create a form and send the link to your customers.

The set-up or Amplify is free but there is a fee for every transaction. For local transactions, the transaction fee is 1.5% of the transaction amount while for an international transaction is 3.8%.

See Also:


Stripe is also a popular online payment gateway. It is well known for its flexibility, setup ease, and its integration. It allows businesses to receive payment in any currency. to use Stripe, you will need to have a registered business and a tax ID.


PayU is an online payment gateway that is fast, easy to use, and secure. They accept all credit cards be it local or international. This gateway is made in a way that customers can make payments using various devices like their tablets, computer, and phone.

An important feature to note about PayU is that it has different services and features for different plans. Therefore, it is important to choose a plan that best fits your eCommerce business.


Dusupay offers businesses free setup and allows them to receive customer’s payments through Visa, Verve. And Mastercard. If you want to use Dusupay as your online payment gateway, you should remember to check the pricing policy as it is quite different from other payment gateways.


Cashenvoy offers a dynamic way of sending money without exposing your customer’s financial information as they respect customer’s privacy a lot. The process of transaction is easy to carry out using all kinds of debit cards in Nigeria.

Cashenvoy collects a fee for every transaction. The fee for a local transaction is 1,5% of the transaction fee plus 25 naira while for an international transaction is 3.9% plus 12 naira.


You must understand these payment gateways as they have different features. You need to do adequate research before you choose the gateway that you will use for your eCommerce business.


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Hannah Olusola

Hannah is a Content Developer at InfoGuideNIgeria.com. InfoGuide Nigeria is a team of Resource Persons and Consultants led by Ifiokobong Ibanga. Page maintained by Ifiokobong Ibanga. If you need a personal assistance on this topic, kindly contact us.

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