Interswitch API vs Kora Payments API Comparison: Discover the best for Payment Gateways & Processors in Nigeria

Interswitch API is best for: Nigerian enterprises, banks, fintechs, and businesses needing access to Interswitch's 3,000+ biller network, airtime vending, NIP instant transfers, and the Verve card network backed by Nigeria's oldest and largest payment infrastructure company.. Meanwhile, Kora 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.. Your choice should align with whether your team prioritizes Interswitch API's developer ecosystem or Kora Payments API's specific capability set.

Interswitch API provides a dedicated sandbox testing environment and supports real-time webhooks. Kora Payments API offers sandbox testing and has webhook status unverified.

Interswitch API pricing: Integration free. Local transactions: 1.5% capped at ₦2,000 (7.5% VAT applies). Customized volume pricing available for high-volume merchants. Settlement within 48 hours.. Kora Payments API pricing: 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.. Both platforms offer tailored pricing structures for Nigerian transactions.

Interswitch API uses OAuth 2.0 (Client ID + Secret Key from developer console) authentication with Not publicly specified. Kora Payments API uses Bearer Token (Secret Key from Kora Dashboard, base URL: api.korapay.com/merchant) authentication with Not publicly specified contact Kora for limits.