Kora Payments API
Payments · Banking & Fintech · Forex
Kora (formerly Korapay) is a CBN-licensed pan-African payment infrastructure company offering a unified API for payment acceptance, payouts, identity verification, and exchange rates across Nigeria, Ghana, Kenya, and South Africa. The company rebranded from Korapay to Kora to signal its evolution from a single-market payment gateway to a multi-country API platform.
Kora Payments API Highlights
Korapay enables frictionless cross-border settlements and collections between Africa and global financial markets.
Bearer Token (Secret Key from Kora Dashboard, base URL: api.korapay.com/merchant)
Not publicly specified contact Kora for limits
Nigeria
Kenya
Ghana
United KingdomKora Payments API is best for:
Nigerian fintechs and pan-African businesses that need a single API covering card payments, mobile money, bank transfers, identity verification (BVN, NIN, CAC), and exchange rates with multi-country coverage including Nigeria, Ghana, Kenya, and South Africa.
- Pricing not publicly listed
- Costs per verification deducted from account balance
- Contact Kora for payment processing and identity service fees
- Sandbox/test mode available for free
Kora Payments API Core Features & Capabilities
Features Included
Not Supported
Kora Payments API Supported Webhook Events
Webhooks supported (Webhooks). Check official documentation for endpoint setup.
Required Access Documents for Kora Payments API
- CAC Registration CertificateRequiredCertificate of Incorporation or Business Name Registration for Nigerian businesses required for Kora live mode activation.
- Director BVN and Government IDRequiredBVN and valid government-issued ID for directors required for CBN-mandated KYC compliance.
- Business Bank AccountRequiredActive Nigerian bank account for NGN settlement.
- Identity Service ActivationRequiredIdentity verification services require separate activation in the Kora dashboard beyond standard payment access.
Different Kora Payments API use cases
- Checkout with Built-In BVN Verification:Nigerian fintech onboarding flows can use Kora to run BVN and NIN checks at the same time as collecting first payments eliminating the need for two separate API integrations for KYC and payments.
- Mobile Money Acceptance for Pan-African Apps:Nigerian apps expanding to Ghana or Kenya can use Kora mobile money API to accept MTN Mobile Money and M-Pesa payments without switching payment providers maintaining one API for all African markets.
- FX-Aware Checkout:Nigerian platforms accepting international payments can use Kora's built-in Exchange Rate API to display real-time NGN equivalents for USD/GBP prices before checkout improving conversion for Nigerian buyers.
- Payout to Nigerian Bank Accounts:Marketplaces and gig economy platforms can use Kora Payout API to disburse earnings to vendors and workers at any Nigerian bank, with webhook confirmation of successful transfers.
- Business KYB at Onboarding:Nigerian B2B platforms can use Kora CAC verification endpoint to confirm that a new business partner is registered with the Corporate Affairs Commission before executing contracts or disbursing funds.