Detailed technical benchmark and comparison between Kora Payments API and RexPay (Global Accelerex) API. Analyze pricing structures, verified webhooks, sandbox testing, authentication, and compliance for teams building in Nigeria.
Accept card, mobile money & bank transfer payments across four African countries
Accept card, internet banking transfer & USSD payments via a CBN-certified gateway
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.
RexPay (Global Accelerex) API is best for nigerian businesses and developers needing a CBN-certified PSSP and PTSP payment gateway with card, internet banking transfer, and USSD backed by Global Accelerex, one of Nigeria's established e-payment infrastructure companies.
| Highlight | K Kora Payments API | R RexPay (Global Accelerex) API |
|---|---|---|
| Authentication | Bearer Token (Secret Key from Kora Dashboard, base URL: api.korapay.com/merchant) | API Key (from RexPay merchant dashboard) |
| Rate Limit | Not publicly specified contact Kora for limits | Not publicly specified |
| Sandbox Mode | ✓ Available | ✓ Available |
| Webhooks | ✗ Not supported | ✗ Not supported |
| API Services | Cross-border CollectionsPayouts & DisbursementsVirtual AccountsCard Processing | Card Payments (Visa / Mastercard / Verve)Bank Transfer / Pay by TransferUSSD PaymentsVirtual Account Numbers |
| Supported Regions |
| Fee Component | K Kora Payments API | R RexPay (Global Accelerex) API |
|---|---|---|
| Free Tier / Trial Credits | Sandbox/test mode available for free | Contact provider |
| Setup & Monthly Fees | Contact provider | No mandatory monthly platform fee |
| Rates & Additional Terms |
|
|
| Feature / Capability | K Kora Payments API | R RexPay (Global Accelerex) API |
|---|---|---|
| Card Payments (Verve/Visa/Mastercard) | ✓ | ✓ |
| Bank Transfer / Pay by Transfer | ✓ | ✓ |
| USSD Payments | ✓ | ✓ |
| Virtual Accounts | ✗ | ✓ |
| International / Multi-Currency Payments | ✓ | ✓ |
| Recurring Billing / Subscriptions | ✓ | ✓ |
| Payment Links & Hosted Checkout | ✓ | ✓ |
| Webhooks & Event Notifications | ✗ | ✗ |
| Sandbox Testing Environment | ✓ | ✓ |
| API Key / Token Authentication | ✓ | ✓ |
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