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

Squad API is best for: Nigerian developers and businesses that want a GTBank-backed payment gateway with lower fee caps than competitors gateway capped at ₦1,500, virtual accounts capped at ₦1,000 with full developer API, subscription billing, and BVN verification.. Meanwhile, 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.. Your choice should align with whether your team prioritizes Squad API's developer ecosystem or Interswitch API's specific capability set.

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

Squad API pricing: Gateway (card/USSD/bank transfer): capped at ₦1,500. Virtual accounts: capped at ₦1,000. Payment links: 1% local, 3.5% international. No setup fees, no hidden charges.. 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.. Both platforms offer tailored pricing structures for Nigerian transactions.

Squad API uses Bearer Token (Secret Key from Squad Dashboard) authentication with Not publicly specified. Interswitch API uses OAuth 2.0 (Client ID + Secret Key from developer console) authentication with Not publicly specified.