Best Online Payment Gateways For Nigerian E-Commerce in 2020

Online payment gateways enable your customers to make payments on your website from anywhere in the world. With so many to choose from, we thought to share the top online payment gateways in Nigeria that you should consider for your online business.

Here is RayHubs’s list of the top online payment gateways in Nigeria. Enjoy!


1. Rave by Flutterwave

Rave lets you receive payments locally and globally with no hassles and zero set up fees. They make accepting payments online easy, safe, and secure.

Unique Selling Points

  • Multi-currency support: Rave’s multi-currency support allows one to receive payments in multiple currencies at the flip of a switch. Rave also supports cross-currency conversions.
  • Multi-tenancy possibilities: An interesting feature on Rave is the automatic white label possibilities offered absolutely free at the flip of a switch.
  • Card and account payments: Rave allows you to charge cards and bank accounts directly. So you can directly debit your customers’ bank accounts.


  • Setup Fee: Free
  • Local Transactions: 1.4%
  • International Transactions: 3.8%

– Learn more about Rave

2. Paystack

Whether you are a small or large business, Paystack offers everything you need to accept payments. It’s simple, secure, and affordable.

Unique Selling Points

  • Paystack is easy and free to get started: You can setup Paystack on your site or app even without a developer in minutes.
  • Paystack makes sure you get paid: Payments can be completed in 2-3 easy steps. Your customers can make hassle-free payments directly on your website.
  • Paystack provides tools to help you grow: Beyond payments, get reliable support and business solutions to measure and improve your growth.


  • Setup Fee: Free
  • Local Transactions: 1.5% + ₦100 (The ₦100 fee is waived for transactions less than ₦2500)
  • International Transactions: 3.9% + ₦100

– Learn more about Paystack


3. VoguePay

A simple and secure way to send and receive payments globally. VoguePay’s global coverage allows consumers and businesses to safely make and receive payments in all major currencies, regardless of location.

Interestingly, VoguePay also offers a safe and secure platform to accept payment in bitcoin. You can accept one-time payments, set up subscriptions, and even receive donations.

Unique Selling Points

  • Multiple payment channels: Accept payment any way you want. Give your customers options.
  • Developer friendly: Simple API documentation to make integration easy, even for non-developers.
  • Easy Account Management: Opt for business or personal accounts based on your needs.
  • Multi-currency support: Accept payment in multiple global currencies. Get paid in your default currency.
  • Free integration: Easily integrate payment to your website using our plugin libraries and extensions.


  • 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

– Learn more about VoguePay


4. Interswitch WebPay

Webpay integrates directly into your website and enables funds to be paid into your account.

Unique Selling Points

  • Powered by Interswitch, a trusted name in payments
  • Integration to WebPAY using an InterSwitch Certified WebPAY Integration Partner (CWIP) at no extra cost.


  • Setup Fee: ₦150,000
  • Transaction Fee: 1.5%, subject to a cap of N2,000.

– Learn more about Interswitch WebPay


5. GTPay

GTPay Online payment gateway by GTBank

GTPay is a secure internet payment gateway developed by GTBank to facilitate payments online using debit Cards issued by banks on the Interswitch Network.

You must have an account with GTBank to use GTPay.

Unique Selling Points

  • 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

– Learn more about GTPay


6. Amplify

Amplify Online Payment Gateway

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

Unique Selling Points

  • 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

– Learn more about Amplify


7. Remita

remita logo

Remita helps you receive and make payments on your site and apps. They offer ready-to-use plugins, SDKs, and APIs that make integrating a breeze.

Unique Selling Points

  • Receive Payments: This offers your customers many different ways to pay you: Inline Payments, eCommerce Plugins, Mobile SDKs, and Recurring Payments
  • Make Payments: Pay to single or multiple beneficiaries from bank accounts you register on Remita. Single Debit Single Credit, Single Debit Multiple Credit, Funds Transfer Plugin
  • View all your Balances, On One Screen: Remita lets you see all your bank account balances, from any bank, on one screen.
  • Get Paid Easier: Easily get paid by simply generating and sharing payment requests (or e-Invoices) with family, friends, and customers.
  • Experience True Work-Life Balance: Enjoy the convenience of switching easily from your personal to business accounts, and back again, whenever the need arises
  • Easier Payroll for All Businesses: Whether you’re a 2 or 200,000 staffed organization, Remita can help manage your payroll & HR management needs.


  • Setup & Support Fees: Free
  • Receiving Local Payments: 2% (Min ₦100 – Max ₦2,500)
  • International Payments: 4%

– Learn more about Remita


8. PayU

payu logo

PayU is a leading online payment service provider dedicated to creating a fast, simple, and secure payment process for merchants and buyers.

Unique Selling Points

  • Accept all credit cards: Expand your reach by accepting all national and international credit cards.
  • Customized payment page: Customize your payment page design to ensure a consistent look and feel.
  • Next day/Weekly settlement
  • Added security (PCI DSS SSL and 3D secure)
  • Optional fraud protection service


  • Setup & Support Fees: Free
  • Payment Processing: Not specified

– Learn more about PayU


There you have it! We’ve listed the top online payment gateways in Nigeria, and we hope you’ve found this useful. We will continue to update this list as the year commences and add any noteworthy payment gateway.

Please note: the list above is no particular order, and is based on our opinion. Information was from content written on their respective websites and other online sources and based on our experience using some of them for clients.


Are you looking to start an e-commerce business or improve your existing one? If yes, let’s help you make this a reality. Get in touch with us via or call +2347059576372 today.

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

Do you have questions or comments concerning the list above?

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