Detailed technical benchmark and comparison between Remita API and Woven Finance API. Analyze pricing structures, verified webhooks, sandbox testing, authentication, and compliance for teams building in Nigeria.
Collect payments & integrate IPPIS payroll for government agencies
Issue multi-bank virtual accounts to power wallets for microfinance banks
Remita API is best for nigerian government agencies, educational institutions, and enterprises needing a CBN-licensed payment gateway that integrates directly with IPPIS (federal salary payments), GIFMIS (government finance system), and supports multi-bank collections with a single Remita mandate the standard for government payment collections in Nigeria.
Woven Finance API is best for nigerian microfinance banks, cooperatives, and fintech platforms that need to offer multi-bank virtual accounts to their customers enabling wallets backed by multiple Nigerian banks through a single Woven Finance API integration.
| Highlight | R Remita API | W Woven Finance API |
|---|---|---|
| Authentication | OAuth 2.0 + Bearer Token + API-Key header (three-layer auth) | API Key / Bearer Token (from Woven Finance developer account) |
| Rate Limit | Not publicly specified | Not publicly specified |
| Sandbox Mode | ✓ Available | ✓ Available |
| Webhooks | ✓ Supported | ✓ Supported |
| API Services | Nigerian Bank Account PayoutsBulk / Batch Payout ProcessingInternational RemittancesWebhook Payment Status Notifications | Nigerian Bank Account PayoutsInternational RemittancesWebhook Payment Status Notifications |
| Supported Regions |
| Fee Component | R Remita API | W Woven Finance API |
|---|---|---|
| Transfers & Payouts | Transaction-based pricing exact rates vary by product (collections, transfers, vending) | Contact provider |
| Free Tier / Trial Credits | Free demo/test environment | Contact provider |
| Rates & Additional Terms |
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