Detailed technical benchmark and comparison between Squad API and SeerBit API. Analyze pricing structures, verified webhooks, sandbox testing, authentication, and compliance for teams building in Nigeria.
Accept payments & issue virtual accounts through a GTBank-backed gateway
Accept card & bank transfer payments with local acquiring across 10+ African markets
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.
SeerBit API is best for nigerian businesses and African platforms needing a multi-country payment gateway with local acquiring in 10+ African markets accepting card, bank transfer, USSD, and mobile money across Nigeria and anglophone/francophone Africa in one integration.
| Highlight | S Squad API | S SeerBit API |
|---|---|---|
| Authentication | Bearer Token (Secret Key from Squad Dashboard) | Bearer Token (Public Key for client-side, Secret Key for server-side) |
| Rate Limit | Not publicly specified | Not publicly specified |
| Sandbox Mode | ✓ Available | ✓ Available |
| Webhooks | ✗ Not supported | ✗ Not supported |
| API Services | Card Payments (Visa / Mastercard / Verve)Bank Transfer / Pay by TransferUSSD PaymentsVirtual Account Numbers | Card Payments (Visa / Mastercard / Verve)Bank Transfer / Pay by TransferUSSD PaymentsVirtual Account Numbers |
| Supported Regions |
| Fee Component | S Squad API | S SeerBit API |
|---|---|---|
| Local Transactions / Cards | Payment links:1% local, 3.5% international | Local transactions:1.5% capped at ₦2,000 |
| International / FX Cards | Contact provider | International:3.8% per transaction |
| Transfers & Payouts | Gateway (card/USSD/bank transfer):capped at ₦1,500 | Contact provider |
| Setup & Monthly Fees | No setup fees, no hidden charges | No setup fee |
| Rates & Additional Terms | Virtual accounts:capped at ₦1,000 | 24-hour settlement |
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