7 Best APIs with Bank Transfer Payments in Nigeria

We've analyzed and compared the top 7 API providers supporting Bank Transfer Payments for Nigerian developers and businesses. Find the right infrastructure fit for your startup below.

Written by Editorial Staffs as at 12th June, 2026

All APIs with Bank Transfer Payments

Compare
RexPay (Global Accelerex)
CBI Monie
Woven Finance
VelvPay
AlatPay
Squad
SeerBit
PricingCompetitive merchant rates with transparent fee structure (exact pricing varies by use case)Per-transaction fees vary by payment method (exact rates available upon request)Competitive per-transaction fees with transparent pricing (contact for specific rates)Competitive rates for SMEs (exact pricing not publicly listed, contact sales)Competitive rates for small businesses (exact pricing available upon request)Free setup + 1.5% per card/USSD (zero fees on bank transfers)Free setup + 1.5% per local transaction (capped at NGN 2,000)
Online Payment Gateway (RexPay)
Yes
No
No
No
No
No
No
POS Terminal Solutions (Accelerex)
Yes
No
No
No
No
No
No
Mobile POS App (RexRetail)
Yes
No
No
No
No
No
No
Card Payments
Yes
No
No
Yes
Yes
Yes
No
Bank Transfer Payments
Yes
Yes
Yes
Yes
Yes
Yes
Yes
USSD Payments
Yes
Yes
No
Yes
Yes
Yes
Yes
QR Code Payments
Yes
Yes
No
No
No
No
Yes
Payment Links
Yes
No
Yes
Yes
Yes
Yes
No
Bulk Payouts
Yes
No
No
No
No
No
No
Real-time Reporting Dashboard
Yes
No
No
No
No
No
No
POS Terminal Payments (Android/NEXGO)
No
Yes
No
No
No
No
No
Virtual Account Collections (NUBAN)
No
Yes
No
No
No
No
No
Online Checkout
No
Yes
No
No
No
No
No
Card Payments (Verve, Mastercard, Visa)
No
Yes
No
No
No
No
No
Webhook Notifications
No
Yes
No
No
No
No
No
Unified Settlement Dashboard
No
Yes
No
No
No
No
No
Next-day Settlement
No
Yes
No
No
No
No
No
Virtual Account Collections
No
No
Yes
No
No
Yes
Yes
Payouts & Disbursements
No
No
Yes
No
No
No
No
Card Payments (Debit & Credit)
No
No
Yes
No
No
No
Yes
Direct Debit / Recurring Payments
No
No
Yes
No
No
No
No
International Payments
No
No
Yes
No
No
No
No
API & SDK Integration
No
No
Yes
No
No
No
No
E-commerce Plugin Integration
No
No
Yes
No
No
No
No
Fraud Detection & Prevention
No
No
Yes
No
No
No
No
Invoice Management
No
No
No
Yes
No
No
No
Recurring Billing
No
No
No
Yes
No
No
No
Web Checkout Integration
No
No
No
Yes
No
No
No
Mobile Integration
No
No
No
Yes
No
No
No
POS/In-person Payments
No
No
No
Yes
No
No
No
Reporting & Analytics
No
No
No
Yes
No
No
No
Quick Settlement
No
No
No
No
Yes
No
No
Business Dashboard
No
No
No
No
Yes
No
No
API Integration
No
No
No
No
Yes
No
No
Mobile App
No
No
No
No
Yes
No
No
GTBank Direct Debit
No
No
No
No
No
Yes
No
Merchant Mobile POS App
No
No
No
No
No
Yes
No
Outbound Transfers
No
No
No
No
No
Yes
No
Transaction Splitting
No
No
No
No
No
No
No
Mobile Money
No
No
No
No
No
No
Yes
Multi-currency (13 currencies)
No
No
No
No
No
No
Yes
White-label Infrastructure
No
No
No
No
No
No
Yes
International Card Processing
No
No
No
No
No
No
Yes
View Details View Details View Details View Details View Details View Details View Details
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RexPay (Global Accelerex)

RexPay (Global Accelerex)

++++
CBI Monie

CBI Monie

++++
Woven Finance

Woven Finance

++++
VelvPay

VelvPay

++++
AlatPay

AlatPay

++++
Squad

Squad

++++
SeerBit

SeerBit