17 Best APIs for Fintech in Nigeria
We've analyzed and compared the top 17 API providers supporting Fintech for Nigerian developers and businesses. Find the right infrastructure fit for your startup below.
Written by Editorial Staffs as at 5th August, 2026
All APIs with Fintech
Flutterwave API
- Pricing
- Local (cards, transfer, USSD, POS, QR): 2% per transaction (1.4% txn fee + 0.6% platform fee). International cards (Visa/MC/AMEX/Discover): 4.8%. Transfers: ₦10 (≤₦5K), ₦25 (₦5K–₦50K), ₦50 (>₦50K). All fees subject to 7.5% VAT. No monthly fee.
- Card Payments (Verve/Visa/Mastercard)
- Available
- Bank Transfer Checkout
- Available
- USSD Payments
- Available
- Mobile Money (M-Pesa, MTN)
- Available
- International Card Payments
- Available
- Recurring Billing / Subscriptions
- Available
- Split Payments
- Available
- Virtual Accounts
- Available
- Bulk Transfers
- Available
- Payment Links
- Available
- Multi-Currency Settlement
- Available
- Crypto Payments
- Not available
- BNPL (Buy Now Pay Later)
- Not available
- Virtual Account Creation
- Not available
- Deposit Accounts
- Not available
- Instant NIP Bank Transfers
- Not available
- Physical Card Issuance
- Not available
- Virtual Card Issuance
- Not available
- Individual KYC Verification
- Not available
- Business KYB Verification
- Not available
- Savings & Investment Products
- Not available
- Loan / Credit Management
- Not available
- Bill Payments (Airtime, Data, Cable, Electricity)
- Not available
- Webhook Events
- Not available
- Sub-ledger / Sub-accounts
- Not available
- International SWIFT Transfers
- Not available
- Multi-currency Accounts
- Not available
- ATM Transaction Processing
- Not available
- POS Payment Processing
- Not available
- Web / In-App Payments
- Not available
- Funds Transfers (Account-to-Account)
- Not available
- Cash Withdrawals at Agents
- Not available
- Cross-Border Remittances
- Not available
- Merchant Payments
- Not available
- Blockchain Settlement Layer
- Not available
- Consumer-Facing App
- Not available
- Direct Debit Mandates
- Not available
- Node Access
- Not available
- Payments
- Not available
- Africa Focus
- Not available
- Fintech
- Not available
- Remittances
- Not available
- Growing Platform
- Not available
- Easy Integration
- Not available
- Support
- Not available
- Emerging
- Not available
- Future-ready
- Not available
- Card Payment Acceptance (Debit/Credit)
- Not available
- Bank Transfer Acceptance
- Not available
- USSD Payment Processing
- Not available
- QR Code Payments
- Not available
- POS Terminal Support
- Not available
- Payment Link Generation
- Not available
- Bill Payments (Airtime, Electricity, TV, Internet)
- Not available
- Bulk Payouts
- Not available
- Merchant Dashboard & Reporting
- Not available
- Micro-loan Access via Routelink MFB
- Not available
- Government / Institutional Payments
- Not available
- Tiered KYC System
- Not available
- Fraud Monitoring & 2FA
- Not available
- International Card / Multi-currency
- Not available
- Subscription / Recurring Billing API
- Not available
- Health Insurance Embedding
- Not available
- Auto Insurance API
- Not available
- Life Insurance API
- Not available
- Agriculture Insurance
- Not available
- Travel Insurance
- Not available
- Device Insurance
- Not available
- Claims Management
- Not available
- Policy Issuance API
- Not available
- Bank Account Linking (Connect Widget)
- Not available
- Transaction History Access
- Not available
- Income & Balance Verification
- Not available
- Bank Statement Retrieval
- Not available
- DirectPay (Direct Bank Debit)
- Not available
- Direct Debit (Recurring)
- Not available
- Identity Verification (BVN/NIN)
- Not available
- Business/CAC Verification
- Not available
- Card Payments
- Not available
- Multi-Bank Virtual Accounts
- Not available
- Payouts to Bank Accounts
- Not available
- Bank Transfer Collections
- Not available
- Direct Debit
- Not available
- Webhooks
- Not available
- e-Commerce Plugin
- Not available
- International Cross-Border
- Not available
- Real-time quotes
- Not available
- Historical OHLCV data
- Not available
- Company fundamentals
- Not available
- WebSocket streaming
- Not available
- Earnings calendar
- Not available
- Checkout / Payment Links
- Not available
- Outbound Transfers (Payouts)
- Not available
- Tokenized Card Flows
- Not available
- POS Terminal Integration
- Not available
- Recurring Billing
- Not available
- Cross-Border Payouts
- Not available
- Card Issuance (Physical)
- Not available
- Card Activation & Management
- Not available
- Bank Account Creation
- Not available
- Instant Bank Transfers
- Not available
- Merchant Classification
- Not available
- Credit Data Decisioning
- Not available
- Spend Controls
- Not available
- Dispute Management
- Not available
- Tokenization
- Not available
- Multi-currency Support
- Not available
- International Card Issuance
- Not available
- Multi-bank account access
- Not available
- Transfers
- Not available
- Identity verification
- Not available
- Payment collection
- Not available
- Virtual Accounts (Multi-Currency)
- Not available
- Direct Debit / Recurring
- Not available
- M-Pesa / Mobile Money
- Not available
- PayAttitude
- Not available
- Cross-Border Payments
- Not available
- Sandbox Environment
- Not available
- Free Tier
- Not available
- Mobile Money
- Not available
- Payment Pages (No-code)
- Not available
- Dispute Management API
- Not available
- BNPL
- Not available
- NGN Collection (Virtual Account)
- Not available
- Stablecoin Collection (USDT/USDC)
- Not available
- UK Faster Payments Disbursement
- Not available
- EU SEPA Disbursement
- Not available
- Canada Interac Disbursement
- Not available
- DRC Mobile Money Disbursement
- Not available
- FX Rate Locking Before Transfer
- Not available
- Webhooks / Transaction Status
- Not available
- USA Disbursement
- Not available
- Ghana/Kenya/South Africa Corridors
- Not available
- Subscriptions / Recurring Billing
- Not available
- Marketplace / Connect (Split Payments)
- Not available
- Billing / Invoicing
- Not available
- Radar Fraud Detection
- Not available
- Nigerian Merchant Account
- Not available
- NGN Settlement
- Not available
- Nigerian Bank Transfer
- Not available
- Multi-Currency Collections
- Not available
- International Payouts
- Not available
- Local Nigerian Payouts
- Not available
Anchor API
- Pricing
- Custom pricing tailored to business needs. Anchor offers flexible pricing models based on transaction volume and product usage. Contact sales for a quote. No publicly listed free tier.
- Card Payments (Verve/Visa/Mastercard)
- Not available
- Bank Transfer Checkout
- Not available
- USSD Payments
- Not available
- Mobile Money (M-Pesa, MTN)
- Not available
- International Card Payments
- Not available
- Recurring Billing / Subscriptions
- Not available
- Split Payments
- Not available
- Virtual Accounts
- Not available
- Bulk Transfers
- Available
- Payment Links
- Not available
- Multi-Currency Settlement
- Not available
- Crypto Payments
- Not available
- BNPL (Buy Now Pay Later)
- Not available
- Virtual Account Creation
- Available
- Deposit Accounts
- Available
- Instant NIP Bank Transfers
- Available
- Physical Card Issuance
- Available
- Virtual Card Issuance
- Available
- Individual KYC Verification
- Available
- Business KYB Verification
- Available
- Savings & Investment Products
- Available
- Loan / Credit Management
- Available
- Bill Payments (Airtime, Data, Cable, Electricity)
- Available
- Webhook Events
- Available
- Sub-ledger / Sub-accounts
- Available
- International SWIFT Transfers
- Not available
- Multi-currency Accounts
- Not available
- ATM Transaction Processing
- Not available
- POS Payment Processing
- Not available
- Web / In-App Payments
- Not available
- Funds Transfers (Account-to-Account)
- Not available
- Cash Withdrawals at Agents
- Not available
- Cross-Border Remittances
- Not available
- Merchant Payments
- Not available
- Blockchain Settlement Layer
- Not available
- Consumer-Facing App
- Not available
- Direct Debit Mandates
- Not available
- Node Access
- Not available
- Payments
- Not available
- Africa Focus
- Not available
- Fintech
- Not available
- Remittances
- Not available
- Growing Platform
- Not available
- Easy Integration
- Not available
- Support
- Not available
- Emerging
- Not available
- Future-ready
- Not available
- Card Payment Acceptance (Debit/Credit)
- Not available
- Bank Transfer Acceptance
- Not available
- USSD Payment Processing
- Not available
- QR Code Payments
- Not available
- POS Terminal Support
- Not available
- Payment Link Generation
- Not available
- Bill Payments (Airtime, Electricity, TV, Internet)
- Not available
- Bulk Payouts
- Not available
- Merchant Dashboard & Reporting
- Not available
- Micro-loan Access via Routelink MFB
- Not available
- Government / Institutional Payments
- Not available
- Tiered KYC System
- Not available
- Fraud Monitoring & 2FA
- Not available
- International Card / Multi-currency
- Not available
- Subscription / Recurring Billing API
- Not available
- Health Insurance Embedding
- Not available
- Auto Insurance API
- Not available
- Life Insurance API
- Not available
- Agriculture Insurance
- Not available
- Travel Insurance
- Not available
- Device Insurance
- Not available
- Claims Management
- Not available
- Policy Issuance API
- Not available
- Bank Account Linking (Connect Widget)
- Not available
- Transaction History Access
- Not available
- Income & Balance Verification
- Not available
- Bank Statement Retrieval
- Not available
- DirectPay (Direct Bank Debit)
- Not available
- Direct Debit (Recurring)
- Not available
- Identity Verification (BVN/NIN)
- Not available
- Business/CAC Verification
- Not available
- Card Payments
- Not available
- Multi-Bank Virtual Accounts
- Not available
- Payouts to Bank Accounts
- Not available
- Bank Transfer Collections
- Not available
- Direct Debit
- Not available
- Webhooks
- Not available
- e-Commerce Plugin
- Not available
- International Cross-Border
- Not available
- Real-time quotes
- Not available
- Historical OHLCV data
- Not available
- Company fundamentals
- Not available
- WebSocket streaming
- Not available
- Earnings calendar
- Not available
- Checkout / Payment Links
- Not available
- Outbound Transfers (Payouts)
- Not available
- Tokenized Card Flows
- Not available
- POS Terminal Integration
- Not available
- Recurring Billing
- Not available
- Cross-Border Payouts
- Not available
- Card Issuance (Physical)
- Not available
- Card Activation & Management
- Not available
- Bank Account Creation
- Not available
- Instant Bank Transfers
- Not available
- Merchant Classification
- Not available
- Credit Data Decisioning
- Not available
- Spend Controls
- Not available
- Dispute Management
- Not available
- Tokenization
- Not available
- Multi-currency Support
- Not available
- International Card Issuance
- Not available
- Multi-bank account access
- Not available
- Transfers
- Not available
- Identity verification
- Not available
- Payment collection
- Not available
- Virtual Accounts (Multi-Currency)
- Not available
- Direct Debit / Recurring
- Not available
- M-Pesa / Mobile Money
- Not available
- PayAttitude
- Not available
- Cross-Border Payments
- Not available
- Sandbox Environment
- Not available
- Free Tier
- Not available
- Mobile Money
- Not available
- Payment Pages (No-code)
- Not available
- Dispute Management API
- Not available
- BNPL
- Not available
- NGN Collection (Virtual Account)
- Not available
- Stablecoin Collection (USDT/USDC)
- Not available
- UK Faster Payments Disbursement
- Not available
- EU SEPA Disbursement
- Not available
- Canada Interac Disbursement
- Not available
- DRC Mobile Money Disbursement
- Not available
- FX Rate Locking Before Transfer
- Not available
- Webhooks / Transaction Status
- Not available
- USA Disbursement
- Not available
- Ghana/Kenya/South Africa Corridors
- Not available
- Subscriptions / Recurring Billing
- Not available
- Marketplace / Connect (Split Payments)
- Not available
- Billing / Invoicing
- Not available
- Radar Fraud Detection
- Not available
- Nigerian Merchant Account
- Not available
- NGN Settlement
- Not available
- Nigerian Bank Transfer
- Not available
- Multi-Currency Collections
- Not available
- International Payouts
- Not available
- Local Nigerian Payouts
- Not available
Zone (formerly AppZone)
- Pricing
- Transaction-based pricing for switching and processing. Rates negotiated with partner banks and fintechs. Contact Zone for enterprise pricing.
- Card Payments (Verve/Visa/Mastercard)
- Not available
- Bank Transfer Checkout
- Not available
- USSD Payments
- Not available
- Mobile Money (M-Pesa, MTN)
- Not available
- International Card Payments
- Not available
- Recurring Billing / Subscriptions
- Not available
- Split Payments
- Not available
- Virtual Accounts
- Not available
- Bulk Transfers
- Not available
- Payment Links
- Not available
- Multi-Currency Settlement
- Not available
- Crypto Payments
- Not available
- BNPL (Buy Now Pay Later)
- Not available
- Virtual Account Creation
- Not available
- Deposit Accounts
- Not available
- Instant NIP Bank Transfers
- Not available
- Physical Card Issuance
- Not available
- Virtual Card Issuance
- Not available
- Individual KYC Verification
- Not available
- Business KYB Verification
- Not available
- Savings & Investment Products
- Not available
- Loan / Credit Management
- Not available
- Bill Payments (Airtime, Data, Cable, Electricity)
- Not available
- Webhook Events
- Not available
- Sub-ledger / Sub-accounts
- Not available
- International SWIFT Transfers
- Not available
- Multi-currency Accounts
- Not available
- ATM Transaction Processing
- Available
- POS Payment Processing
- Available
- Web / In-App Payments
- Available
- Funds Transfers (Account-to-Account)
- Available
- Cash Withdrawals at Agents
- Available
- Cross-Border Remittances
- Available
- Merchant Payments
- Available
- Blockchain Settlement Layer
- Available
- Consumer-Facing App
- Not available
- Direct Debit Mandates
- Not available
- Node Access
- Not available
- Payments
- Not available
- Africa Focus
- Not available
- Fintech
- Not available
- Remittances
- Not available
- Growing Platform
- Not available
- Easy Integration
- Not available
- Support
- Not available
- Emerging
- Not available
- Future-ready
- Not available
- Card Payment Acceptance (Debit/Credit)
- Not available
- Bank Transfer Acceptance
- Not available
- USSD Payment Processing
- Not available
- QR Code Payments
- Not available
- POS Terminal Support
- Not available
- Payment Link Generation
- Not available
- Bill Payments (Airtime, Electricity, TV, Internet)
- Not available
- Bulk Payouts
- Not available
- Merchant Dashboard & Reporting
- Not available
- Micro-loan Access via Routelink MFB
- Not available
- Government / Institutional Payments
- Not available
- Tiered KYC System
- Not available
- Fraud Monitoring & 2FA
- Not available
- International Card / Multi-currency
- Not available
- Subscription / Recurring Billing API
- Not available
- Health Insurance Embedding
- Not available
- Auto Insurance API
- Not available
- Life Insurance API
- Not available
- Agriculture Insurance
- Not available
- Travel Insurance
- Not available
- Device Insurance
- Not available
- Claims Management
- Not available
- Policy Issuance API
- Not available
- Bank Account Linking (Connect Widget)
- Not available
- Transaction History Access
- Not available
- Income & Balance Verification
- Not available
- Bank Statement Retrieval
- Not available
- DirectPay (Direct Bank Debit)
- Not available
- Direct Debit (Recurring)
- Not available
- Identity Verification (BVN/NIN)
- Not available
- Business/CAC Verification
- Not available
- Card Payments
- Not available
- Multi-Bank Virtual Accounts
- Not available
- Payouts to Bank Accounts
- Not available
- Bank Transfer Collections
- Not available
- Direct Debit
- Not available
- Webhooks
- Not available
- e-Commerce Plugin
- Not available
- International Cross-Border
- Not available
- Real-time quotes
- Not available
- Historical OHLCV data
- Not available
- Company fundamentals
- Not available
- WebSocket streaming
- Not available
- Earnings calendar
- Not available
- Checkout / Payment Links
- Not available
- Outbound Transfers (Payouts)
- Not available
- Tokenized Card Flows
- Not available
- POS Terminal Integration
- Not available
- Recurring Billing
- Not available
- Cross-Border Payouts
- Not available
- Card Issuance (Physical)
- Not available
- Card Activation & Management
- Not available
- Bank Account Creation
- Not available
- Instant Bank Transfers
- Not available
- Merchant Classification
- Not available
- Credit Data Decisioning
- Not available
- Spend Controls
- Not available
- Dispute Management
- Not available
- Tokenization
- Not available
- Multi-currency Support
- Not available
- International Card Issuance
- Not available
- Multi-bank account access
- Not available
- Transfers
- Not available
- Identity verification
- Not available
- Payment collection
- Not available
- Virtual Accounts (Multi-Currency)
- Not available
- Direct Debit / Recurring
- Not available
- M-Pesa / Mobile Money
- Not available
- PayAttitude
- Not available
- Cross-Border Payments
- Not available
- Sandbox Environment
- Not available
- Free Tier
- Not available
- Mobile Money
- Not available
- Payment Pages (No-code)
- Not available
- Dispute Management API
- Not available
- BNPL
- Not available
- NGN Collection (Virtual Account)
- Not available
- Stablecoin Collection (USDT/USDC)
- Not available
- UK Faster Payments Disbursement
- Not available
- EU SEPA Disbursement
- Not available
- Canada Interac Disbursement
- Not available
- DRC Mobile Money Disbursement
- Not available
- FX Rate Locking Before Transfer
- Not available
- Webhooks / Transaction Status
- Not available
- USA Disbursement
- Not available
- Ghana/Kenya/South Africa Corridors
- Not available
- Subscriptions / Recurring Billing
- Not available
- Marketplace / Connect (Split Payments)
- Not available
- Billing / Invoicing
- Not available
- Radar Fraud Detection
- Not available
- Nigerian Merchant Account
- Not available
- NGN Settlement
- Not available
- Nigerian Bank Transfer
- Not available
- Multi-Currency Collections
- Not available
- International Payouts
- Not available
- Local Nigerian Payouts
- Not available
Monica Blockchain APIs
- Pricing
- Freemium — contact for production pricing; new platform launched 2025/2026.
- Card Payments (Verve/Visa/Mastercard)
- Not available
- Bank Transfer Checkout
- Not available
- USSD Payments
- Not available
- Mobile Money (M-Pesa, MTN)
- Not available
- International Card Payments
- Not available
- Recurring Billing / Subscriptions
- Not available
- Split Payments
- Not available
- Virtual Accounts
- Not available
- Bulk Transfers
- Not available
- Payment Links
- Not available
- Multi-Currency Settlement
- Not available
- Crypto Payments
- Not available
- BNPL (Buy Now Pay Later)
- Not available
- Virtual Account Creation
- Not available
- Deposit Accounts
- Not available
- Instant NIP Bank Transfers
- Not available
- Physical Card Issuance
- Not available
- Virtual Card Issuance
- Not available
- Individual KYC Verification
- Not available
- Business KYB Verification
- Not available
- Savings & Investment Products
- Not available
- Loan / Credit Management
- Not available
- Bill Payments (Airtime, Data, Cable, Electricity)
- Not available
- Webhook Events
- Not available
- Sub-ledger / Sub-accounts
- Not available
- International SWIFT Transfers
- Not available
- Multi-currency Accounts
- Not available
- ATM Transaction Processing
- Not available
- POS Payment Processing
- Not available
- Web / In-App Payments
- Not available
- Funds Transfers (Account-to-Account)
- Not available
- Cash Withdrawals at Agents
- Not available
- Cross-Border Remittances
- Not available
- Merchant Payments
- Not available
- Blockchain Settlement Layer
- Not available
- Consumer-Facing App
- Not available
- Direct Debit Mandates
- Not available
- Node Access
- Available
- Payments
- Available
- Africa Focus
- Available
- Fintech
- Available
- Remittances
- Available
- Growing Platform
- Available
- Easy Integration
- Available
- Support
- Available
- Emerging
- Available
- Future-ready
- Available
- Card Payment Acceptance (Debit/Credit)
- Not available
- Bank Transfer Acceptance
- Not available
- USSD Payment Processing
- Not available
- QR Code Payments
- Not available
- POS Terminal Support
- Not available
- Payment Link Generation
- Not available
- Bill Payments (Airtime, Electricity, TV, Internet)
- Not available
- Bulk Payouts
- Not available
- Merchant Dashboard & Reporting
- Not available
- Micro-loan Access via Routelink MFB
- Not available
- Government / Institutional Payments
- Not available
- Tiered KYC System
- Not available
- Fraud Monitoring & 2FA
- Not available
- International Card / Multi-currency
- Not available
- Subscription / Recurring Billing API
- Not available
- Health Insurance Embedding
- Not available
- Auto Insurance API
- Not available
- Life Insurance API
- Not available
- Agriculture Insurance
- Not available
- Travel Insurance
- Not available
- Device Insurance
- Not available
- Claims Management
- Not available
- Policy Issuance API
- Not available
- Bank Account Linking (Connect Widget)
- Not available
- Transaction History Access
- Not available
- Income & Balance Verification
- Not available
- Bank Statement Retrieval
- Not available
- DirectPay (Direct Bank Debit)
- Not available
- Direct Debit (Recurring)
- Not available
- Identity Verification (BVN/NIN)
- Not available
- Business/CAC Verification
- Not available
- Card Payments
- Not available
- Multi-Bank Virtual Accounts
- Not available
- Payouts to Bank Accounts
- Not available
- Bank Transfer Collections
- Not available
- Direct Debit
- Not available
- Webhooks
- Not available
- e-Commerce Plugin
- Not available
- International Cross-Border
- Not available
- Real-time quotes
- Not available
- Historical OHLCV data
- Not available
- Company fundamentals
- Not available
- WebSocket streaming
- Not available
- Earnings calendar
- Not available
- Checkout / Payment Links
- Not available
- Outbound Transfers (Payouts)
- Not available
- Tokenized Card Flows
- Not available
- POS Terminal Integration
- Not available
- Recurring Billing
- Not available
- Cross-Border Payouts
- Not available
- Card Issuance (Physical)
- Not available
- Card Activation & Management
- Not available
- Bank Account Creation
- Not available
- Instant Bank Transfers
- Not available
- Merchant Classification
- Not available
- Credit Data Decisioning
- Not available
- Spend Controls
- Not available
- Dispute Management
- Not available
- Tokenization
- Not available
- Multi-currency Support
- Not available
- International Card Issuance
- Not available
- Multi-bank account access
- Not available
- Transfers
- Not available
- Identity verification
- Not available
- Payment collection
- Not available
- Virtual Accounts (Multi-Currency)
- Not available
- Direct Debit / Recurring
- Not available
- M-Pesa / Mobile Money
- Not available
- PayAttitude
- Not available
- Cross-Border Payments
- Not available
- Sandbox Environment
- Not available
- Free Tier
- Not available
- Mobile Money
- Not available
- Payment Pages (No-code)
- Not available
- Dispute Management API
- Not available
- BNPL
- Not available
- NGN Collection (Virtual Account)
- Not available
- Stablecoin Collection (USDT/USDC)
- Not available
- UK Faster Payments Disbursement
- Not available
- EU SEPA Disbursement
- Not available
- Canada Interac Disbursement
- Not available
- DRC Mobile Money Disbursement
- Not available
- FX Rate Locking Before Transfer
- Not available
- Webhooks / Transaction Status
- Not available
- USA Disbursement
- Not available
- Ghana/Kenya/South Africa Corridors
- Not available
- Subscriptions / Recurring Billing
- Not available
- Marketplace / Connect (Split Payments)
- Not available
- Billing / Invoicing
- Not available
- Radar Fraud Detection
- Not available
- Nigerian Merchant Account
- Not available
- NGN Settlement
- Not available
- Nigerian Bank Transfer
- Not available
- Multi-Currency Collections
- Not available
- International Payouts
- Not available
- Local Nigerian Payouts
- Not available
RoutePay Fintech
- Pricing
- No monthly maintenance fees. Minimal industry-standard per-transaction fees applied with full transparency. Specific fee percentages not publicly listed — contact RoutePay sales (sales@routepay.com) for merchant pricing. Micro-loan fees governed separately by Routelink MFB terms.
- Card Payments (Verve/Visa/Mastercard)
- Not available
- Bank Transfer Checkout
- Not available
- USSD Payments
- Not available
- Mobile Money (M-Pesa, MTN)
- Not available
- International Card Payments
- Not available
- Recurring Billing / Subscriptions
- Not available
- Split Payments
- Not available
- Virtual Accounts
- Not available
- Bulk Transfers
- Not available
- Payment Links
- Not available
- Multi-Currency Settlement
- Not available
- Crypto Payments
- Not available
- BNPL (Buy Now Pay Later)
- Not available
- Virtual Account Creation
- Not available
- Deposit Accounts
- Not available
- Instant NIP Bank Transfers
- Not available
- Physical Card Issuance
- Not available
- Virtual Card Issuance
- Not available
- Individual KYC Verification
- Not available
- Business KYB Verification
- Not available
- Savings & Investment Products
- Not available
- Loan / Credit Management
- Not available
- Bill Payments (Airtime, Data, Cable, Electricity)
- Not available
- Webhook Events
- Not available
- Sub-ledger / Sub-accounts
- Not available
- International SWIFT Transfers
- Not available
- Multi-currency Accounts
- Not available
- ATM Transaction Processing
- Not available
- POS Payment Processing
- Not available
- Web / In-App Payments
- Not available
- Funds Transfers (Account-to-Account)
- Not available
- Cash Withdrawals at Agents
- Not available
- Cross-Border Remittances
- Not available
- Merchant Payments
- Not available
- Blockchain Settlement Layer
- Not available
- Consumer-Facing App
- Not available
- Direct Debit Mandates
- Not available
- Node Access
- Not available
- Payments
- Not available
- Africa Focus
- Not available
- Fintech
- Not available
- Remittances
- Not available
- Growing Platform
- Not available
- Easy Integration
- Not available
- Support
- Not available
- Emerging
- Not available
- Future-ready
- Not available
- Card Payment Acceptance (Debit/Credit)
- Available
- Bank Transfer Acceptance
- Available
- USSD Payment Processing
- Available
- QR Code Payments
- Available
- POS Terminal Support
- Available
- Payment Link Generation
- Available
- Bill Payments (Airtime, Electricity, TV, Internet)
- Available
- Bulk Payouts
- Available
- Merchant Dashboard & Reporting
- Available
- Micro-loan Access via Routelink MFB
- Available
- Government / Institutional Payments
- Available
- Tiered KYC System
- Available
- Fraud Monitoring & 2FA
- Available
- International Card / Multi-currency
- Not available
- Subscription / Recurring Billing API
- Not available
- Health Insurance Embedding
- Not available
- Auto Insurance API
- Not available
- Life Insurance API
- Not available
- Agriculture Insurance
- Not available
- Travel Insurance
- Not available
- Device Insurance
- Not available
- Claims Management
- Not available
- Policy Issuance API
- Not available
- Bank Account Linking (Connect Widget)
- Not available
- Transaction History Access
- Not available
- Income & Balance Verification
- Not available
- Bank Statement Retrieval
- Not available
- DirectPay (Direct Bank Debit)
- Not available
- Direct Debit (Recurring)
- Not available
- Identity Verification (BVN/NIN)
- Not available
- Business/CAC Verification
- Not available
- Card Payments
- Not available
- Multi-Bank Virtual Accounts
- Not available
- Payouts to Bank Accounts
- Not available
- Bank Transfer Collections
- Not available
- Direct Debit
- Not available
- Webhooks
- Not available
- e-Commerce Plugin
- Not available
- International Cross-Border
- Not available
- Real-time quotes
- Not available
- Historical OHLCV data
- Not available
- Company fundamentals
- Not available
- WebSocket streaming
- Not available
- Earnings calendar
- Not available
- Checkout / Payment Links
- Not available
- Outbound Transfers (Payouts)
- Not available
- Tokenized Card Flows
- Not available
- POS Terminal Integration
- Not available
- Recurring Billing
- Not available
- Cross-Border Payouts
- Not available
- Card Issuance (Physical)
- Not available
- Card Activation & Management
- Not available
- Bank Account Creation
- Not available
- Instant Bank Transfers
- Not available
- Merchant Classification
- Not available
- Credit Data Decisioning
- Not available
- Spend Controls
- Not available
- Dispute Management
- Not available
- Tokenization
- Not available
- Multi-currency Support
- Not available
- International Card Issuance
- Not available
- Multi-bank account access
- Not available
- Transfers
- Not available
- Identity verification
- Not available
- Payment collection
- Not available
- Virtual Accounts (Multi-Currency)
- Not available
- Direct Debit / Recurring
- Not available
- M-Pesa / Mobile Money
- Not available
- PayAttitude
- Not available
- Cross-Border Payments
- Not available
- Sandbox Environment
- Not available
- Free Tier
- Not available
- Mobile Money
- Not available
- Payment Pages (No-code)
- Not available
- Dispute Management API
- Not available
- BNPL
- Not available
- NGN Collection (Virtual Account)
- Not available
- Stablecoin Collection (USDT/USDC)
- Not available
- UK Faster Payments Disbursement
- Not available
- EU SEPA Disbursement
- Not available
- Canada Interac Disbursement
- Not available
- DRC Mobile Money Disbursement
- Not available
- FX Rate Locking Before Transfer
- Not available
- Webhooks / Transaction Status
- Not available
- USA Disbursement
- Not available
- Ghana/Kenya/South Africa Corridors
- Not available
- Subscriptions / Recurring Billing
- Not available
- Marketplace / Connect (Split Payments)
- Not available
- Billing / Invoicing
- Not available
- Radar Fraud Detection
- Not available
- Nigerian Merchant Account
- Not available
- NGN Settlement
- Not available
- Nigerian Bank Transfer
- Not available
- Multi-Currency Collections
- Not available
- International Payouts
- Not available
- Local Nigerian Payouts
- Not available
← Swipe to compare all 5 APIs →
Flutterwave API
Flutterwave is one of Africa's most widely used payment infrastructure companies, providing a comprehensive API that enables businesses to accept payments locally across Africa and internationally in 150+ countries. Founded in 2016 and headquartered in San Francisco with major operations in Lagos, Flutterwave powers payments for over 1.3 million businesses across Africa. The platform is CBN-licensed, PCI DSS Level 1 certified, and handles billions of dollars in transactions annually. What the API Does The Flutterwave API provides a unified payment layer covering: card payments (Verve, Visa, Mastercard, AMEX, Discover); bank transfer checkout (USSD and direct NIP); mobile money (M-Pesa, MTN MoMo, Airtel Money, and more); virtual accounts for NGN collections; recurring billing and subscription management; split payments for marketplace revenue sharing; bulk transfers for mass payouts; multi-currency settlement in NGN, USD, GBP, EUR, and more; and payment links for no-code collections. How Developers Use It Developers sign up at flutterwave.com, obtain API keys from the Developer section of the dashboard, and integrate using the documentation at developer.flutterwave.com. Authentication uses Bearer token — secret key placed as "Authorization: Bearer sk_test_..." in request headers. Test mode keys only work in the test environment. SDKs are available for JavaScript, React, React Native, Flutter, Python, PHP, Node.js, and more. Inline checkout and redirect checkout are both supported. Webhooks deliver real-time transaction events to developer endpoints. Pricing Local transactions (cards, bank transfer, USSD, POS, Visa QR): 2% per transaction, broken down as 1.4% transaction fee + 0.6% platform fee. International cards (Visa, Mastercard, AMEX, Discover): 4.8% per transaction. Transfer fees: ₦10 for transfers up to ₦5,000; ₦25 for ₦5,001 to ₦50,000; ₦50 for transfers above ₦50,000. All fees are subject to 7.5% VAT. No monthly fee — only pay when you transact. By default, customers bear transaction charges but this can be adjusted in the dashboard. Authentication Bearer token using the secret key from your Flutterwave dashboard. Format: "Authorization: Bearer sk_test_{KEY}" for test, "Authorization: Bearer sk_live_{KEY}" for live. Never expose secret keys client-side. Rate Limits Flutterwave enforces rate limits and returns HTTP 429 (Too Many Requests) when exceeded. Specific thresholds are documented at developer.flutterwave.com/v3.0/docs/rate-limit. Compliance CBN-licensed, PCI DSS Level 1 certified. Flutterwave is registered with multiple African central banks and financial regulatory authorities. NDPR-compliant for Nigerian data protection. Challenges and Gotchas (1) The 0.6% platform fee on top of the 1.4% transaction fee makes the effective local rate 2% — ensure pricing models account for both components. (2) 7.5% VAT applies to all fees, not just the base rate. (3) International card chargeback risk requires careful implementation of refund and dispute handling. (4) Flutterwave has faced some regulatory challenges historically — stay current on their operational status. (5) Webhook endpoint verification (signature check) is mandatory in production. Company Background Flutterwave was founded by Olugbenga Agboola (GB) and co-founders in 2016. The company has raised over $500M in funding and is valued at over $3 billion, making it one of Africa's most valuable fintech companies. It operates in 34+ African countries and has processed over $26 billion in transactions. FAQs Q: What is the fee for local card payments in Nigeria? A: 2% per transaction (1.4% + 0.6% platform fee), subject to 7.5% VAT. No cap publicly published — verify on the pricing page. Q: Does Flutterwave support USSD payments? A: Yes. USSD is supported at the same 2% local rate. Q: Does Flutterwave support M-Pesa in Kenya? A: Yes. M-Pesa is supported for Kenya and other East African markets. Q: Is there a sandbox? A: Yes. Use test mode API keys (sk_test_...) for sandbox testing. Q: What is the transfer fee? A: ₦10 for transfers ≤₦5,000; ₦25 for ₦5,001–₦50,000; ₦50 for transfers above ₦50,000. All subject to VAT.
Anchor API
Anchor is a Banking-as-a-Service (BaaS) and embedded finance platform headquartered in Lagos, Nigeria, purpose-built for African businesses and developers who want to launch financial products without building core banking infrastructure from scratch. Founded and Y Combinator-backed, Anchor has become one of Nigeria's most important fintech infrastructure companies — serving clients including Wema Bank, Mono, Squad, and SeamlessHR across SaaS, digital health, e-commerce, and enterprise sectors. At its core, Anchor provides a suite of RESTful APIs covering five major product pillars: Accounts, Payments, Cards, Credit, and Savings & Investment. Each pillar is designed to be modular — developers can adopt one or all, depending on what their product needs. This modularity makes Anchor equally suitable for a single-purpose wallet app and a full-scale neobank. **Accounts API** The Accounts API allows developers to create and manage deposit accounts, savings accounts, and virtual accounts for both individual and business customers. These accounts operate on Nigerian banking rails, giving end users real Nigerian bank account numbers that can receive NIP transfers from any bank in Nigeria. Developers can manage balances, retrieve transaction histories, and generate account statements programmatically. Sub-ledger and sub-account functionality is also available for platforms that need to manage multiple customer accounts within a single ledger system. **Payments API** Anchor's Payments API handles instant NIP bank transfers — the Nigerian Inter-Bank Settlement System standard for real-time money movement between Nigerian banks. The API supports single transfers, account-to-account transfers within the Anchor ecosystem, and bulk transfer operations for payroll, disbursements, or vendor payments. The Bill Payments module extends this further, enabling developers to integrate airtime top-up, mobile data purchases, cable TV subscriptions (DSTV, GOtv), and electricity prepaid token purchases directly into their applications using a single set of API endpoints. **Cards API** The Cards API enables businesses to issue both physical and virtual debit cards under their own brand. Virtual cards can be issued instantly for digital spending, while physical cards can be dispatched to cardholders via courier. Card controls — freezing, unfreezing, setting spend limits — are all available via API, giving product teams full programmatic control over the card lifecycle. **Credit API** For companies building lending products, Anchor's Credit API handles the full loan lifecycle: origination, disbursement, repayment scheduling, and delinquency tracking. Combined with the KYC/KYB customer verification capabilities, this makes it possible to build a complete loan origination system in Nigeria without needing separate infrastructure for identity, disbursement, and collections. **Savings & Investment API** Anchor allows developers to build savings products with customizable interest rates, lock periods, and contribution schedules. This is ideal for savings-focused fintech apps, target savings groups (like ajo/esusu), or employer benefit platforms that want to offer automated saving features. **Authentication & API Security** Anchor uses API key-based authentication with Bearer token delivery. API keys are created through the Anchor Dashboard under the Developers section and must have explicit permissions assigned at creation time — Anchor follows a least-privilege model where keys only access the endpoints you explicitly authorize. Developers are strongly encouraged to use environment variables rather than hardcoding API keys and to rotate keys on a regular schedule. Two environments are available: the Sandbox environment (api.sandbox.getanchor.co) for testing and the Live environment (api.getanchor.co) for production transactions. **Sandbox Environment** Anchor's sandbox environment is a full-fidelity replica of the production system. Developers can test account creation, simulate incoming payments, test transfers, trigger webhook events, and validate KYC flows without touching real money or real customer data. This makes it significantly easier to build and QA financial products before going live. **Compliance & CBN Regulation** Anchor is not itself a bank — it is a technology infrastructure provider. Banking services delivered through the platform are provided by CBN-licensed Nigerian partner banks, which means end users benefit from regulated deposit-taking and payment services. This structure allows Anchor's business customers to offer banking products under a compliance umbrella without obtaining their own banking or PSSP license from the CBN. For customer-facing products, Anchor handles individual KYC verification (identity, BVN, liveness checks) and business KYB verification (CAC registration, director identity, beneficial ownership) through its API. **Pricing** Anchor uses a custom, volume-based pricing model negotiated based on the type of financial products deployed and the transaction volumes involved. No publicly listed free tier or flat-rate pricing exists — businesses are encouraged to contact the sales team for a tailored quote. This model is typical for BaaS platforms where the pricing reflects the regulatory overhead and compliance infrastructure being provided. **Rate Limits** Specific rate limits are not publicly documented. Developers should contact Anchor support or consult the enterprise agreement for rate limit policies. **Challenges & Considerations for Nigerian Developers** One common challenge is that Anchor's platform is designed for businesses launching financial products — not individual developers experimenting for personal use. Getting full production access typically requires completing KYB verification with a registered Nigerian company (CAC registration) and meeting Anchor's partner onboarding requirements. The platform is not self-serve in the same way smaller payment gateways are. Additionally, pricing is not transparent, which can make budgeting difficult at the early exploration stage. However, for serious fintech builders, the depth of capabilities — especially card issuance and credit — is unmatched in the Nigerian BaaS market. **Frequently Asked Questions** Q: Can I use Anchor without a CBN banking license? A: Yes. Anchor's banking services are provided by CBN-licensed partner banks, so you do not need your own banking license to offer deposit accounts, transfers, or card products to your users. Q: Does Anchor support both individual and business customers? A: Yes. The API handles individual customer KYC and business KYB as separate flows with distinct verification requirements. Q: Is there a sandbox environment for testing? A: Yes — the sandbox at api.sandbox.getanchor.co has full feature parity with production, allowing you to simulate all transaction types. Q: Does Anchor support international transfers or foreign currency accounts? A: Anchor is primarily focused on Nigerian Naira (NGN) banking rails. International SWIFT transfers and multi-currency accounts are not currently supported. Q: Who are Anchor's partner banks? A: Anchor works with CBN-licensed Nigerian partner banks but does not publicly disclose all partner names. Contact the Anchor team for details relevant to your use case.
Zone (formerly AppZone)
Zone (formerly AppZone) is Africa's first CBN-licensed blockchain-based payment switching and processing company, founded by Obi Emetarom and headquartered in Lagos, Nigeria. In 2022, Zone became the first blockchain-powered fintech to receive a Payment Switching and Processing License from the Central Bank of Nigeria — a historically significant milestone that validated blockchain technology as a legitimate payment infrastructure layer under Nigerian regulatory oversight. Zone provides banks, fintechs, and financial service providers with simple APIs for processing a broad range of payment transactions through a decentralized blockchain settlement layer. Unlike traditional payment switches (NIBSS, Interswitch) that rely on centralized clearing databases, Zone's blockchain infrastructure creates an immutable, transparent ledger of every settlement — reducing reconciliation disputes and eliminating the need for a trusted central intermediary between participating institutions. The Zone API enables developers to process: account-to-account fund transfers, ATM card withdrawals, POS (Point of Sale) card payments, merchant web and in-app payments, cash-in/cash-out at agent locations, and cross-border remittances. These are the core transaction types that flow through any payment switch — and Zone's blockchain layer provides transparent audit trails for all of them. Currently, Zone is connected to more than 15 of Africa's largest commercial banks. The company's onboarding model is B2B partnership-driven — typically targeting banks, licensed payment service providers, and institutional fintechs rather than individual developers seeking self-service access. Integration is handled through a technical partnership agreement, which reflects the institutional nature of payment switching infrastructure. Zone raised a $8.5 million seed round in March 2024, backed by investors including Flourish Ventures and Speedinvest, to scale its decentralized payment infrastructure across Nigeria and expand to additional African markets. The company's pre-Zone identity as AppZone gave it over a decade of established relationships with Nigerian commercial banks — making it one of the most deeply connected fintech infrastructure companies in Nigeria. Authentication for Zone's developer APIs uses API Key or OAuth credentials obtained through the Zone developer portal. A sandbox environment is available for testing. Given the institutional nature of the product, developer access is typically preceded by a commercial engagement with the Zone team. From a compliance standpoint, Zone holds the CBN Payment Switching and Processing License — the highest-tier payment infrastructure license in Nigeria. This license covers all transaction types processed through the Zone switch. All participating banks and fintechs must themselves hold appropriate CBN licenses for their respective payment activities. Known challenges: Zone's developer portal and self-service documentation are less accessible than consumer-facing gateways like Paystack. The B2B, institution-first model means individual developers cannot simply sign up and start testing. Additionally, the blockchain infrastructure, while innovative, adds a layer of complexity compared to traditional switches — institutions must understand the settlement model before integration. Frequently Asked Questions: Is Zone's blockchain public or private? Zone operates a permissioned blockchain — only CBN-licensed institutions can participate as nodes. It is not a public blockchain like Ethereum or Bitcoin. Can I use Zone as a regular merchant to accept card payments? Zone is a payment switch, not a merchant payment gateway. It provides infrastructure to banks and fintechs, who then offer payment services to merchants. Contact a Zone-connected bank or fintech for merchant payment solutions. How is Zone different from NIBSS? NIBSS is a centralized clearing system owned by all Nigerian banks. Zone is a decentralized, blockchain-based switch that competes with NIBSS's NIP system — offering an alternative routing path for interbank transfers with blockchain-based settlement transparency.
Monica Blockchain APIs
Monica provides blockchain node access and payment infrastructure for African fintech companies. The platform is new in 2025/2026 bringing institutional-grade blockchain APIs to African developers. Monica is building the future of blockchain infrastructure for Africa. The service directly supports African blockchain adoption.
RoutePay Fintech
RoutePay Fintech Limited is a Nigerian payment technology company that received its Full Operating Licence from the Central Bank of Nigeria (CBN) as a Payment Solution Service Provider (PSSP) on January 12, 2023 — making it one of the newer entrants to Nigeria's regulated payment gateway space. The company is also certified by the Nigerian Communications Commission (NCC) for Value-Added Services, giving it a dual regulatory standing that covers both financial payments and telecoms-adjacent services like airtime and data transactions. Headquartered in Victoria Island, Lagos (Africa Re House, Plot 1679 Karimu Kotun Street), RoutePay operates under the leadership of CEO Abayomi Olomu and Group Managing Director Femi Adeoti (former MD of Inlaks). The company is registered as RoutePay Fintech Limited (RC 1872221) and uniquely owns a licensed microfinance bank subsidiary — Routelink Microfinance Bank Limited (RC 8836108) — enabling it to offer embedded merchant credit alongside payment processing, a rare combination in Nigeria's payment gateway landscape. **Omnichannel Payment Infrastructure** RoutePay is built as a truly omnichannel payment platform — not just an online gateway, but a complete payments infrastructure that covers every channel Nigerian consumers and businesses transact on: - **Web**: Browser-based checkout integration for e-commerce and business websites - **Mobile**: SDK and API integration for iOS and Android apps - **POS**: Physical terminal support for retail and hospitality merchants - **ATM**: ATM payment routing for cash-based and card-based transactions - **USSD**: Short code-based payment acceptance for feature phone users and financial inclusion scenarios This breadth of channels makes RoutePay particularly valuable for businesses that operate across both digital and physical environments, or for government institutions that need to serve citizens regardless of smartphone availability. **Core Payment Features** RoutePay supports card payments (debit and credit — Visa, Mastercard, Verve), direct bank transfers, USSD codes, QR code payments, and payment link generation. The payment link feature is specifically designed for social media sellers and informal businesses that take orders via WhatsApp, Instagram, or phone — allowing them to collect payments without a dedicated website. **Bill Payments API** Beyond payment acceptance, RoutePay provides a bill payments module covering: airtime top-up for all Nigerian mobile networks (MTN, Airtel, Glo, 9mobile), mobile data purchases, DSTV/GOtv/Startimes cable TV subscription renewals, and PHCN/DISCOs electricity prepaid token purchases. This module enables developers to build super-apps and lifestyle platforms with embedded utility payment capabilities. **Merchant Micro-loans via Routelink MFB** One of RoutePay's most distinctive features is its integration with Routelink Microfinance Bank. Merchants who process payments through RoutePay become eligible for micro-loans whose terms are informed by their transaction history and payment volumes on the platform. This provides Nigerian SMEs with access to working capital financing without the collateral requirements and bureaucratic overhead of traditional bank loans — the loan eligibility is earned through demonstrated business activity rather than pre-existing credit history. **Government & Institutional Payments** RoutePay explicitly targets government and public sector clients, enabling tax collection, licensing fee payment, regulatory fee submission, and institutional disbursements. The USSD channel support is particularly valuable here — it allows citizens in areas with limited internet access to make payments to government agencies using any mobile phone. **Security Architecture** RoutePay implements bank-grade AES encryption across all transactions, combined with two-factor authentication (2FA) for account access and a real-time fraud monitoring system. Auto-reversal protocols ensure that failed transactions are automatically reversed without manual intervention. The platform also offers account freeze capability for security incidents. **Tiered KYC System** RoutePay implements a Tier 1 / Tier 2 / Tier 3 KYC model for individual users, consistent with CBN's tiered KYC framework for digital financial services. Higher tiers unlock larger transaction limits — Tier 1 requires minimal information (BVN linkage), while Tier 2 and Tier 3 require progressively more documentation (government ID, address proof, enhanced verification). This tiered approach enables financial inclusion while managing regulatory compliance. **Authentication & API Access** RoutePay provides API access for developers through its developer portal. API credentials are issued after completing merchant KYC/onboarding. The API follows REST conventions with JSON request/response formats. For developer documentation and API access, developers can visit routepay.com/developers or contact sales@routepay.com. **Pricing** RoutePay charges no monthly maintenance fees. Transaction fees are per-transaction at industry-standard rates, with full transparency on charges — no hidden fees. Specific fee percentages are provided during merchant onboarding rather than published on the website. Micro-loan terms are governed separately by Routelink MFB's lending policies. **Challenges for Nigerian Developers** RoutePay's public developer documentation is less detailed than market leaders like Paystack or Flutterwave, and specific API specifications, authentication details, and rate limits are not publicly documented — requiring developer outreach to access. Recurring/subscription billing is not a documented product feature. For businesses that primarily need a straightforward online payment gateway with comprehensive public documentation, larger platforms may offer a smoother developer experience. **Frequently Asked Questions** Q: Is RoutePay licensed by the CBN? A: Yes. RoutePay holds a CBN PSSP Full Operating Licence granted January 12, 2023. Q: Does RoutePay support USSD payments? A: Yes — USSD is one of RoutePay's five supported payment channels, enabling payments from any Nigerian mobile phone. Q: What makes RoutePay unique compared to Paystack or Flutterwave? A: RoutePay's key differentiators are its omnichannel coverage (including ATM and USSD), its institutional/government payment capabilities, and its embedded micro-loan product through Routelink MFB. Q: Can my business get a loan through RoutePay? A: Merchants processing payments on RoutePay become eligible for micro-loans from Routelink MFB — eligibility and terms are based on transaction volume and history on the platform. Q: Does RoutePay have a sandbox for testing? A: Contact RoutePay's developer team at routepay.com/developers or sales@routepay.com for sandbox access details.
Netapps IaaS API
Netapps Insurance-as-a-Service (IaaS) API is a Nigerian insurance technology platform that enables fintech companies, banks, and digital businesses to embed insurance products directly into their applications without building insurance infrastructure or obtaining independent insurance licenses. Netapps provides API access to a portfolio of insurance products spanning health, auto, life, agriculture, travel, and device insurance, allowing any Nigerian digital platform to become an insurance distribution channel through a simple API integration. The Insurance-as-a-Service model that Netapps provides solves a fundamental distribution challenge in Nigeria's insurance market. Nigeria has one of the world's lowest insurance penetration rates — under one percent of GDP compared to global averages of 6-7 percent — due to limited distribution reach, low trust in insurance institutions, and products that are not well-suited to Nigerian consumer payment patterns and income levels. Embedding insurance into the digital platforms where Nigerians already transact creates distribution scale that traditional insurance agents cannot achieve. Fintech companies and neobanks are the primary integration targets for Netapps IaaS. A Nigerian neobank with millions of customers can use the Netapps health insurance API to offer hospital cash benefits, HMO plan access, or accident insurance directly within the banking app's product suite. The customer enrolls, pays their premium from their bank wallet or account, and receives their policy without leaving the app they already use daily. This distribution model increases insurance uptake by removing the friction of a separate insurance purchase journey. Health insurance products available through Netapps IaaS enable platforms to offer hospital admission cover, outpatient benefits, maternity coverage, and wellness benefits to their users. For a Nigerian salary advance app, HR platform, or savings product that serves employed Nigerians, embedding group health coverage or hospital cash products creates a differentiated product that increases retention and customer value beyond the core financial service. Auto insurance is compulsory in Nigeria under the Motor Vehicles (Third Party Insurance) Act, yet a significant proportion of vehicles on Nigerian roads remain uninsured due to friction in purchasing formal policies. The Netapps auto insurance API enables digital platforms — ride-hailing services, vehicle financing apps, fleet management platforms, and motor spare parts retailers — to embed third-party vehicle insurance at point of sale or vehicle registration, eliminating the friction that leaves millions of vehicles uninsured. Agricultural insurance through Netapps IaaS enables agritech platforms serving Nigerian farmers to bundle crop and livestock insurance with their input financing, advisory, and market linkage services. Agricultural insurance is especially important for Nigerian smallholder farmers who face catastrophic income loss from drought, flooding, pest outbreaks, and other production risks. Embedding insurance into the credit and advisory relationship that agritech platforms have with farmers creates a natural channel for agricultural risk management products. Device insurance through Netapps IaaS enables e-commerce platforms, smartphone retailers, and fintech apps offering device financing to bundle device protection at point of purchase or loan disbursement. With smartphone penetration growing rapidly in Nigeria and devices representing significant one-time expenditures for many consumers, device insurance tied to the purchase moment addresses a genuine consumer need at the point where it is most relevant. The Netapps API uses RESTful architecture with JSON request and response formats, following standard patterns for developer integration. Authentication uses API key-based access for production environments with sandbox credentials available for development and testing. Policy issuance, premium collection, and claims initiation are all supported through the API, enabling fully automated insurance workflows within integrating platforms without manual insurance company involvement for standard cases.
Mono Connect
Mono is a Nigerian open banking and financial data infrastructure company that enables developers to build financial products by connecting customer bank accounts for data access, payments, and identity verification. Founded in 2020 by Abdul Hassan and Prakhar Sharma, Mono has raised funding from Sequoia Capital India and other top investors, and is one of Africa's leading open banking providers, covering over 30 Nigerian banks and financial institutions. The Mono platform is organized into three main API products: Financial Data, Payments (DirectPay), and Identity Verification. All three use the same developer credentials and are accessed via the Mono Connect widget — an embeddable authentication flow that allows customers to authorize Mono's access to their bank account using their internet banking credentials, in accordance with CBN open banking guidelines. The Financial Data API provides programmatic access to a bank account's transaction history, current balance, income patterns, and bank statements after the customer authorizes access through the Connect widget. Lenders use this data for credit scoring — analyzing spending patterns, income credits, and debt obligations from actual bank statements rather than relying on self-reported income. The transactions endpoint returns categorized transaction records covering 12–24 months of history depending on the bank. The Payments API, branded as DirectPay, enables businesses to initiate single direct debits from a linked customer bank account — charging the account directly without requiring the customer to enter card details. DirectPay is powered by open banking standards, with all transactions encrypted end-to-end. Pricing is 1% per successful transaction, capped at NGN 1,000. This makes DirectPay significantly cheaper than card payment fees (Paystack charges 1.5% + ₦100 capped at ₦2,000) for high-value transactions — for example, a ₦500,000 loan repayment via DirectPay costs ₦1,000 (capped), versus ₦2,100 via card. Mono also offers a Recurring Direct Debit product — where a customer authorizes ongoing debits on a schedule — enabling subscription billing, loan installment plans, and salary deductions using open banking mandates rather than card tokens. Authentication is handled via the Client Secret Key, which is included in request headers as mono-sec-key. Public keys are used client-side to initialize the Connect widget. Mono provides SDKs for React, React Native, JavaScript, Android, and iOS — all of which embed the Connect widget and handle the token exchange flow. Most integrations take 2–4 hours. For identity verification, Mono offers BVN verification, NIN verification, and document verification (government-issued ID). These are standalone API calls that do not require bank account linking — useful for KYC onboarding where the business needs to verify user identity before granting access to financial services. Mono's Identity API also supports address verification and company verification via CAC data — enabling Know Your Business (KYB) checks for B2B platforms and marketplace operators. The sandbox environment is available at mono.co/sandbox with test bank credentials provided in the documentation. All three products (Financial Data, DirectPay, Identity Verification) are testable in sandbox mode before going live. From a compliance standpoint, Mono operates under the CBN's Regulatory Framework for Open Banking in Nigeria. All data access is customer-authorized and consent-revocable. Mono is registered with the Nigerian Data Protection Regulation (NDPR) as a data controller and processor. The Connect widget displays clearly what data a business is requesting before the customer approves access. Mono covers over 30 Nigerian financial institutions including GTBank, First Bank, Zenith Bank, Access Bank, UBA, Sterling Bank, Kuda, OPay, PalmPay, and most major microfinance banks. Frequently Asked Questions: Can I access a customer's bank account without their permission? No — the Mono Connect widget requires explicit customer authorization. The customer sees exactly what data the platform is requesting and must provide their internet banking credentials to approve access. How long does bank account access last? Customer authorizations can expire or be revoked. Mono's refresh token mechanism allows businesses to refresh data access periodically, but customers can revoke access at any time via the Mono Customer Portal. Does DirectPay work for all Nigerian banks? DirectPay covers 30+ institutions but not all banks. Coverage continues to expand as Mono adds new integrations. Can I use Mono for business account verification? Yes — Mono's Identity API includes CAC verification for business account checks, in addition to individual BVN/NIN verification.
Woven Finance
Woven Finance is a Nigerian Banking-as-a-Service (BaaS) infrastructure company that enables fintechs, microfinance banks, cooperatives, and digital platforms to embed banking products into their applications through a developer-first API. Woven partners with CBN-licensed Nigerian microfinance banks to provide its underlying banking infrastructure — meaning the virtual accounts and financial products that businesses build on Woven are backed by actual licensed banking institutions, not just payment licenses. The Woven Finance developer API is documented at woven.finance/developer and provides access to virtual accounts, payouts, card payments, bank transfer collections, and direct debit mandates. Authentication uses an API Key or Bearer Token obtained through the Woven Finance developer account. SDKs and plugins are available for popular development environments, with the Woven support team providing direct assistance during integration. The flagship Woven product is multi-bank virtual accounts. Unlike single-bank virtual accounts offered by most Nigerian gateways (which are typically backed by one specific bank), Woven Finance enables customers to be assigned virtual account numbers from multiple Nigerian microfinance banks simultaneously. This multi-bank approach significantly improves payment collection resilience — if one bank's system is experiencing downtime or NIP (Nigerian Inter-Bank Payment) routing issues, customers can use another bank's virtual account number. For wallet-based fintech apps, this means higher collection success rates and fewer failed deposits during peak periods. The Payouts API allows platforms to disburse funds to any Nigerian bank account. The Bank Transfer Collections module enables businesses to receive payments via bank transfers into assigned virtual accounts, with real-time webhook notifications on fund arrival. The Direct Debit feature allows platforms to set up recurring debit mandates on customer accounts for subscription billing, loan repayments, or savings contributions. Woven Finance also supports card payment acceptance, enabling platforms that want to offer multiple payment options to collect from card-holding customers without managing a separate card payment gateway integration. A notable use case for Woven Finance is cooperative societies and savings groups. Nigerian cooperatives (ajo, esusu) can use Woven's virtual account API to assign unique collection accounts to each member — automatically reconciling monthly contributions, tracking balances, and sending notifications when a member's contribution arrives. This eliminates the manual cash collection processes that most cooperatives still rely on. For Nigerian microfinance banks (MFBs) themselves, Woven Finance offers a platform for extending their banking infrastructure to fintech partners — allowing MFBs to participate in the growing embedded finance ecosystem by powering the backend of apps built by their fintech partners. The sandbox environment is available for testing all Woven Finance products. Moving to live requires completing onboarding and KYC with Woven Finance and their partner MFBs. As a BaaS provider working with multiple banking partners, Woven may require additional documentation depending on the specific banking product being deployed. From a compliance standpoint, Woven Finance operates through its partner microfinance banks, which are CBN-licensed. All customer funds held in Woven-powered virtual accounts are held in licensed bank accounts with NDIC deposit insurance protection. Woven Finance itself complies with the CBN's guidelines on Banking-as-a-Service and embedded finance. Known challenges: Woven Finance is less publicly documented than Paystack or Flutterwave. Developer documentation is functional but less comprehensive. Integration support is primarily relationship-driven — the Woven team provides active support during onboarding but self-service documentation depth is growing. Frequently Asked Questions: What makes Woven Finance different from other Nigerian payment gateways? Woven's multi-bank virtual account model is a significant differentiator. Most gateways give you virtual accounts from one bank; Woven gives customers accounts from multiple banks simultaneously, improving collection resilience. Do Woven Finance virtual accounts have NDIC deposit insurance? Yes — because Woven operates through licensed microfinance bank partners, customer funds in Woven virtual accounts benefit from NDIC insurance coverage. Can I use Woven Finance for a savings or wallet app? Yes — Woven Finance is specifically designed for wallet and savings product infrastructure. The multi-bank virtual account product is ideal for building savings apps, digital wallets, and cooperative management systems.
Finnhub
Finnhub is a financial market data API providing real-time and historical stock quotes, company fundamentals, earnings data, and alternative datasets (insider transactions, social sentiment, ESG scores) across global exchanges. It notably includes coverage of the Nigerian Exchange (NGX) alongside major US, European, and Asian markets, making it one of the few widely-used international market data providers with any direct Nigerian equities coverage. The core REST API exposes endpoints for real-time quotes, historical OHLCV candles, company profiles, financial statements (income statement, balance sheet, cash flow), analyst estimates, and earnings calendars. A WebSocket feed streams live trade-level price updates for supported exchanges, useful for building live tickers or algorithmic trading signals. Authentication uses a simple API key passed as a query parameter or header. The free tier allows 60 API calls per minute with access to a meaningful subset of endpoints (real-time US quotes, basic fundamentals), which is enough for prototyping a portfolio tracker or market dashboard. Paid plans unlock full historical depth, additional exchanges including NGX, and higher rate limits. For Nigerian fintech and investment platforms building portfolio trackers, robo-advisors, or market research tools, Finnhub is a practical way to get both global and NGX-adjacent market data from a single integration rather than stitching together multiple region-specific providers.
Nomba API
Nomba is a Nigerian payment infrastructure company and CBN-licensed Payment Service Provider. Formerly known as Kudi, Nomba pivoted from a consumer-facing payment agent app to a comprehensive B2B payments infrastructure platform serving Nigerian businesses with APIs for checkout, virtual accounts, transfers, and POS terminal management. Nomba is backed by Stripe and significant venture capital, and powers millions of transactions daily across Nigeria's merchant and agent banking ecosystem. The Nomba API is RESTful with JSON payloads and uses OAuth2 for authentication. Developers can authenticate via two methods: the Client Credentials grant (server-to-server, for backend integrations) or the PKCE (Proof Key for Code Exchange) grant (for mobile and single-page app integrations where the secret cannot be safely stored). In both cases, an access_token is generated and passed in every API request as an Authorization: Bearer <token> header. API keys are retrieved from the Nomba business dashboard under Settings > API Keys. The Checkout API is the core product for accepting payments. Developers initialize a checkout session server-side by sending a POST request with the amount, currency (NGN), and a unique transaction reference. Nomba returns a hosted checkout URL that the developer redirects the customer to. The checkout supports card payments (Verve, Visa, Mastercard), USSD, and bank transfers. Nomba handles the entire payment experience on its hosted page — merchants do not need to build a custom checkout interface. For fund collection from specific customers, Nomba supports Virtual Accounts — unique bank account numbers assigned to individual customers or transactions. When a customer transfers any amount to their virtual account number, Nomba fires a webhook confirming the payment. This is ideal for Nigerian wallet top-ups, marketplace deposits, and savings apps where customers fund their balance via bank transfer. The Transfers API enables instant outbound bank transfers to any Nigerian bank account. Developers can send disbursements by specifying the destination bank code, account number, amount, and a unique transfer reference. Nomba executes the transfer via the Nigerian banking system. This is commonly used for payroll, agent commissions, loan disbursements, and refunds. Nomba also supports tokenized card flows — when a customer first pays with a card, Nomba can return a card authorization token that the merchant stores and uses for future charges without requiring the customer to re-enter card details. This enables installment plans, subscription-like products, and one-click repeat payments. For merchants with physical locations, Nomba provides a Terminals API that enables developers to build custom POS applications. Integrators can send payment requests to Nomba POS terminals, receive confirmation webhooks, and build merchant dashboards that pull transaction data from the terminal network. This is a unique capability that distinguishes Nomba from pure online payment gateways like Paystack or Flutterwave. Webhooks are available for all major events: payment success, payment failure, transfer completion, and virtual account credit. Developers must validate the webhook signature before processing events to ensure authenticity. The Nomba sandbox environment is available for all API products. Developers can test checkout, virtual accounts, and transfers without processing real money. Moving to live requires completing Nomba's business onboarding and CBN KYC verification. From a compliance standpoint, Nomba holds a CBN Payment Service Bank license and is licensed as a Payment Service Provider. All transactions are processed within the CBN regulatory framework. The platform is used by hundreds of thousands of Nigerian merchants, particularly small businesses, market traders, and logistics companies that use Nomba POS terminals. Frequently Asked Questions: How is Nomba different from Paystack? Paystack is primarily an online payment gateway. Nomba additionally offers POS terminal integration, agent banking infrastructure, and the Global Payout API for cross-border disbursements — making it more comprehensive for merchants with physical and digital presence. Is Nomba pricing public? Nomba does not publish exact API pricing. Contact the Nomba team for transaction fee schedules based on your volume and use case. Can I use Nomba for cross-border payments? The main Nomba API is for domestic Nigerian payments. For cross-border disbursements, use the separate Nomba Global Payout API which was launched in March 2026.
Allawee Card Issuance API
Allawee Card Issuance API is a Nigerian Banking-as-a-Service platform that enables fintech companies, microfinance institutions, and digital platforms to issue physical and virtual payment cards, create bank accounts, process transfers, and perform credit decisioning through a single API integration. Allawee provides the regulated infrastructure for card issuance and banking operations, allowing partner platforms to offer branded financial products without obtaining independent banking or card scheme licenses. Card issuance is the foundational capability of the Allawee platform. Partner applications can issue Mastercard or Verve physical cards linked to customer accounts through the API, enabling customers of the partner platform to receive a physical payment card they can use at POS terminals, ATMs, and online merchants across Nigeria and globally where the card scheme is accepted. Physical card issuance involves card personalization (embossing customer name and card details), printing, and delivery to customer addresses, all manageable through API calls that initiate the card production and fulfillment workflow. Bank account creation through Allawee enables partner platforms to create functional Nigerian bank accounts for their customers, complete with a NUBAN (Nigerian Uniform Bank Account Number) that is compatible with all Nigerian interbank transfer systems including NIP (NIBSS Instant Payment). Customer accounts created through Allawee can receive inbound transfers from any Nigerian bank and initiate outbound transfers to any Nigerian bank account, providing full interbank connectivity through a single BaaS API integration. Spend controls in the Allawee Card API allow partner platforms to set per-transaction limits, daily spending limits, merchant category restrictions, and geographic restrictions on issued cards. A Nigerian fintech issuing employee expense cards can configure spending controls that prevent cards from being used at non-approved merchant categories. An agricultural platform issuing input finance cards can restrict spending to agricultural input supplier merchant categories, ensuring that financed funds are used for their intended purpose. Credit data decisioning from Allawee leverages transaction history and behavioral patterns on the platform to generate credit scores and lending signals that partner platforms can use for automated loan underwriting decisions. For Nigerian lending platforms that issue cards to their borrowers and want to build repayment history and credit profile data from card usage patterns, Allawee's credit decisioning API provides structured credit signals from the same ecosystem where the lending relationship operates. Tokenization support in the Allawee platform enables issued cards to be added to digital wallets (Apple Pay, Google Pay) by card holders, extending card usability to contactless mobile payments in addition to physical card and online payments. As contactless payment adoption grows among Nigerian consumers particularly in Lagos and other major cities, tokenization support adds a distribution channel for issued cards that increases their day-to-day utility. Dispute management through the Allawee API provides structured workflows for handling card transaction disputes — unauthorized transactions, merchant disputes, technical failures — that partner platforms can initiate programmatically when customers report problems. Automated dispute initiation reduces the manual operational burden of handling customer complaints about card transactions and provides systematic tracking of dispute status and resolution. The CBN regulatory compliance infrastructure behind Allawee means that partner platforms are leveraging a regulated entity's banking and card scheme relationships rather than needing to independently establish CBN licensing, Mastercard or Verve principal membership, and the capital requirements those entail. This significantly lowers the barrier for Nigerian fintechs to add card and banking features to their products, compressing the typical 12-24 month timeline for independent licensing into an API integration that can be completed in days or weeks.
OnePipe API
OnePipe is a Nigerian fintech API aggregation platform providing unified access to multiple Nigerian banks, payment processors, and financial institutions through a single API integration. The OnePipe API enables fintech startups, fintechs, and developers to access bank account data, initiate transfers, verify identities, and collect payments from Nigerian banks without integrating each bank separately. Nigerian fintechs, payment platforms, lending apps, and financial services use OnePipe API to build multi-bank solutions, reduce integration complexity, and accelerate fintech product development.
Fincra
Fincra is a CBN PSSP-licensed payment gateway and fintech infrastructure company enabling African businesses to collect payments locally and cross-border across 50+ currencies in 40+ countries — with a single API covering 150+ countries globally. Fincra processes millions of API requests monthly and provides checkout, virtual accounts, direct debit, and cross-border payment products to businesses ranging from startups to enterprise clients. The company maintains a dedicated developer hub at FincraHub for the Nigerian and African developer community. What the API Does The Fincra API enables developers to: process card payments (Verve, Visa, Mastercard), bank transfers, M-Pesa, mobile money, and PayAttitude; issue multi-currency virtual accounts (NGN, USD, GBP, EUR) for collections from anywhere in the world; set up direct debit mandates for recurring collections from Nigerian bank accounts; initiate cross-border payouts in 50+ currencies; and receive real-time webhook notifications for all transaction events. The platform is designed as a single integration point for both local Nigerian payments and pan-African/international payment needs. How Developers Use It Developers access documentation at docs.fincra.com. Account creation is at fincra.com. Authentication uses API keys obtained from the Fincra Dashboard under Settings > API keys and webhook configuration tab. Sandbox and live environments are fully isolated — separate business IDs, API keys, and identifiers for each. Never use live credentials in the sandbox environment. The sandbox is available for full integration testing with simulated data. Pricing Custom pricing based on product type, transaction volume, markets, and risk profile. No public fee schedule. Contact Fincra sales to design a custom package. The pricing page at fincra.com/product-pricing offers a starting point for conversations. Rate Limits 50 API calls per second. HTTP 429 error returned for requests exceeding this limit. Authentication API keys from the Fincra Dashboard, separated by environment (sandbox vs. live). Keys are configured in the Profile > Settings > API keys section. Compliance CBN PSSP-licensed in Nigeria. Fincra is also incorporated in the US (Fincra Inc.) and holds appropriate licences for cross-border operations. Handles M-Pesa and mobile money under applicable East African regulations. Challenges and Gotchas (1) Pricing requires a sales conversation — no instant self-serve pricing. (2) Sandbox and live environments are fully isolated — you cannot transfer test accounts to live. (3) Rate limit of 50 req/sec may constrain high-frequency use cases — design API calls with batching in mind. (4) No USSD support. (5) Cross-border payouts pricing may vary significantly by corridor. Company Background Fincra Inc. is incorporated in the US and operates its Africa business from Lagos, Nigeria. The company is focused on solving Africa's payment fragmentation problem — where businesses traditionally needed separate integrations for each country. Fincra's FincraHub developer community is active in the Nigerian tech ecosystem. FAQs Q: What is Fincra's rate limit? A: 50 API calls per second. Exceeding this returns HTTP 429. Q: Does Fincra support M-Pesa? A: Yes. M-Pesa is supported as a payment method for East African collections. Q: Are sandbox and live environments the same? A: No. They are fully isolated with separate business IDs, API keys, and identifiers. You cannot transfer test data to live. Q: Does Fincra support direct debit for subscriptions? A: Yes. The Direct Debit API enables recurring collections from Nigerian bank accounts on a schedule.
Paystack API
Paystack is Nigeria's most widely adopted payment gateway API and is a subsidiary of Stripe, the global payments infrastructure company that acquired Paystack in 2020. Founded in 2015 by Shola Akinlade and Ezra Olubi, Paystack was part of Y Combinator's 2016 batch and quickly became the default payment choice for Nigerian developers and businesses. The company is CBN-licensed and PCI-DSS compliant, and currently serves thousands of businesses across Nigeria, Ghana, South Africa, and Kenya. The Paystack API is RESTful and uses Bearer Token authentication. Every request must include an Authorization header with the format: Authorization: Bearer sk_live_xxxx (for production) or Authorization: Bearer sk_test_xxxx (for sandbox). API keys are obtained from the Paystack dashboard at dashboard.paystack.com. Paystack provides both public keys (used in client-side code to initialize the checkout) and secret keys (used server-side for all API calls). Developers must never expose the secret key in client-side code. The standard Paystack integration flow involves three steps: initialize a transaction server-side using the /transaction/initialize endpoint (passing email, amount in kobo, and optional metadata), redirect the user to the returned authorization URL or embed the Paystack inline popup using the JavaScript SDK, then verify the transaction on your server using /transaction/verify/:reference after the customer is redirected back. This three-step flow ensures transactions are validated server-side before fulfilling orders, preventing fraud and order manipulation. Paystack supports the widest range of payment channels of any Nigerian gateway: Verve, Visa, and Mastercard debit cards; bank transfer (pay by transfer); USSD (for customers without smartphones); mobile money (in Ghana); and QR code payments. The Paystack Checkout modal intelligently displays only the channels available for the customer's device and location. In terms of pricing, local card transactions cost 1.5% plus ₦100, capped at ₦2,000 per transaction. The ₦100 flat fee is waived for transactions of ₦2,500 or less. This means very small transactions (micro-payments) are effectively charged at 1.5% only. International card transactions cost 3.9% plus ₦100, with no cap. Bank transfers (receiving payments via bank account) are charged flat: ₦10 for amounts up to ₦5,000; ₦25 for ₦5,001 to ₦50,000; and ₦50 for amounts above ₦50,000. Outgoing transfers (disbursements) are: ₦10 for ₦0–₦5,000; ₦25 for ₦5,001–₦50,000; ₦50 for above ₦50,000. There are no setup fees and no monthly platform fees. Businesses processing more than ₦10 million per month are eligible for volume-based discounts by contacting Paystack enterprise support. The Paystack sandbox environment mirrors production exactly — all features available in live mode are available in test mode. This is a critical advantage for Nigerian developers who need to test subscription billing, split payments, and bulk transfers without using real money. Test mode uses test card numbers provided in the Paystack documentation and simulates bank transfer payments via a confirmation prompt. Paystack also provides a Subscriptions API that allows developers to create subscription plans with daily, weekly, monthly, or annual billing cycles. When a customer first pays, a subscription authorization token is generated and stored securely by Paystack. Subsequent charges happen automatically without requiring the customer to re-enter card details. This is the foundation for building SaaS billing, membership platforms, and digital subscription products in Nigeria. The Split Payments (multi-split) feature allows marketplace operators to automatically split collected revenue between multiple subaccounts at the time of transaction — specifying percentages or flat amounts for each recipient. This is commonly used by Nigerian food delivery platforms, logistics aggregators, and gig economy apps. The Bulk Transfers API enables disbursement to hundreds of Nigerian bank accounts in a single API call by submitting a list of transfer recipients. This is used for payroll, agent commissions, loan disbursements, and customer refunds. From a compliance standpoint, Paystack is PCI-DSS Level 1 certified — the highest level of payment card security certification. All card data is encrypted and processed on Paystack's infrastructure. Merchants are not required to be PCI-DSS certified themselves. Paystack operates under CBN supervision and complies with the Nigerian Data Protection Regulation (NDPR). Webhook events from Paystack must be validated using the HMAC-SHA512 signature sent in the X-Paystack-Signature header. Developers should validate this signature before processing any webhook event. Paystack retries failed webhooks for up to 72 hours. Known challenges for Nigerian developers: (1) International card transactions have no cap on the 3.9% fee — high-value international payments can be expensive. (2) Bank transfer payments can take up to 30 minutes during bank downtime, so developers must handle pending states gracefully. (3) BVN and NIN verification are not built into Paystack directly — these require Dojah or Smile Identity as a separate integration. Frequently Asked Questions: Can I use Paystack without a registered business? Yes — individuals can create a starter account and start accepting payments. However, you will need to provide CAC documents to unlock higher transaction limits and settlements. Does Paystack support USD payments? Paystack processes international cards in USD, but settlements are in NGN after conversion. USD settlement is available only for Paystack International accounts. Can I process recurring payments automatically? Yes — use the Subscriptions API to save a customer authorization token and charge them on any schedule automatically. Is the test environment exactly like production? Yes — Paystack test mode has full feature parity with live mode, including subscriptions, splits, and bulk transfers.
Nomba Global Payout API
The Nomba Global Payout API is a cross-border payment disbursement product launched by Nomba in March 2026, designed specifically for Nigerian payment operators, remittance platforms, and fintechs that need to collect Naira or stablecoin funds from Nigerian users and disburse to recipients in international markets. It eliminates the need for operators to manually source foreign exchange or maintain multi-currency liquidity pools across different countries. Nomba is a CBN-licensed Nigerian Payment Service Provider. The Global Payout API represents a significant expansion of Nomba's capabilities beyond domestic Nigerian payments into the cross-border remittance corridor, addressing one of the most operationally complex challenges facing Nigerian fintech operators: access to affordable, reliable FX and settlement infrastructure for international disbursements. The API enables operators to collect funds in two ways: via NGN virtual accounts (where Nigerian senders transfer Naira) or via stablecoin deposits (USDT or USDC). Once funds are received, Nomba automatically converts them to the target currency and routes the disbursement through the appropriate local payment rail in the destination country. This auto-conversion capability is a critical differentiator — operators do not need to hold USD, GBP, EUR, or CAD reserves; Nomba handles the full FX lifecycle. Supported corridors at launch include: United Kingdom via Faster Payments (transfers up to £1,000,000, settled in 1–3 hours), European Union via SEPA transfer (up to €100,000, settled in under 1 hour), Canada via Interac (instant) and standard bank transfer, and the Democratic Republic of Congo via Mobile Money (instant) and bank transfer. Additional corridors are expected to expand over time. The developer integration flow involves four main steps. First, call the exchange rates endpoint to get the current NGN-to-destination-currency rate. Optionally use the Convert Money endpoint to lock this rate before initiating the transfer. Then call the payment methods endpoint for the destination country to retrieve available rails and required recipient details (bank account type, purpose of payment, etc.). Finally, authorize the transfer with the recipient's bank details and monitor the transaction status via the returned transaction ID. Authentication uses OAuth2 Bearer Tokens, consistent with Nomba's main API. Developers use either Client Credentials (for server-to-server) or PKCE flow (for mobile apps). Webhooks deliver real-time status updates for each disbursement, enabling operators to update their internal systems when a transfer succeeds or fails. Pricing for the Global Payout API is not publicly published. Nomba charges transaction-based fees for each corridor; operators are advised to contact Nomba's team for enterprise pricing based on expected monthly volumes. Given that the product targets high-volume remittance operators and fintechs, volume discounts are likely available. The Global Payout API is particularly significant for the Nigerian diaspora remittance market. Nigeria receives over $20 billion per year in remittances and is Africa's largest remittance destination. By enabling Nigerian-licensed platforms to send money OUT of Nigeria via a single API, Nomba addresses the reverse corridor — outbound from Nigeria — which is critical for freelancer payments, business vendor payments, and capital repatriation. From a compliance standpoint, all cross-border disbursements via Nomba are processed within the CBN's regulatory framework. Nomba holds the necessary licenses for international money transfer operations. For high-volume corridors, operators may be required to provide AML documentation and demonstrate the nature of their disbursement use case. Frequently Asked Questions: Which countries can I disburse to? At launch in March 2026: UK, EU, Canada, and DRC. Additional corridors are planned. Contact Nomba for the latest corridor list. Can I collect from Nigerian users in NGN? Yes — Nomba provides NGN virtual accounts for collection. The collected Naira is automatically converted to the destination currency at the prevailing rate. Can I lock the FX rate before initiating a transfer? Yes — use the Convert Money endpoint to lock the exchange rate before authorizing the disbursement. This protects against rate fluctuations between quoting and execution. Is this separate from Nomba's domestic API? Yes — the Global Payout API is a distinct product with its own documentation at developer.nomba.com/docs/products/global-payout/introduction. Domestic Nigerian payments use the main Nomba Checkout and Transfer APIs.
Stripe
Stripe is the world's leading developer-first payment infrastructure platform, offering a comprehensive suite of APIs for accepting payments, managing subscriptions, running marketplaces, issuing cards, and managing financial operations across 195+ countries. Stripe processes hundreds of billions of dollars annually for millions of businesses globally and is widely regarded as setting the gold standard for payment API design, documentation quality, and developer experience. CRITICAL NOTE FOR NIGERIAN BUSINESSES: Stripe does not currently support merchant account registration for Nigeria-incorporated businesses, NGN settlement to Nigerian bank accounts, or local Nigerian payment methods (bank transfers, USSD, Verve cards). Nigerian businesses cannot register a Stripe account as a Nigerian entity. Nigerian businesses needing local payment processing should use CBN-licensed alternatives: Paystack (Stripe subsidiary, Nigeria-optimized), Flutterwave, Monnify, Kora, or other Nigerian-licensed payment processors. However, Stripe remains highly relevant to the Nigerian tech ecosystem in several important capacities. Paystack — Nigeria's leading payment gateway and most developer-loved fintech API — was acquired by Stripe in 2020 and has adopted many of Stripe's API design conventions. Nigerian developers who learn Stripe's patterns (idempotency keys, webhook signature verification, payment intent lifecycle, connect architecture) will find this knowledge directly transferable when building on Paystack or other modern payment APIs. Diaspora and cross-border cases: Nigerian-founded companies incorporated in the United States, United Kingdom, or other Stripe-supported markets can register Stripe accounts under those foreign entities and use Stripe to charge international customers. This is a common path for Nigerian SaaS founders who incorporate in Delaware (for US market access or investor requirements) and use Stripe to charge global subscribers. The Nigerian individual may build and operate the product, but the contracting entity is foreign-incorporated. Stripe Connect is Stripe's marketplace and platform payment architecture, allowing a platform business to facilitate payments between buyers and sellers or service providers with automatic split payment, commission deduction, and payout management. For Nigerian developers building marketplace products intended for international markets — freelance platforms, services marketplaces, SaaS reseller programs — Stripe Connect provides the payment infrastructure to handle multi-party money flows between international participants. Stripe Billing handles subscription management, recurring payment scheduling, proration for mid-cycle plan changes, invoice generation, retry logic for failed payments, and metered billing for usage-based pricing. For SaaS products serving international markets, Stripe Billing reduces subscription payment infrastructure development from months to days while handling edge cases like payment method expiration, card declines, and dunning flows automatically. Stripe Radar is an AI-powered fraud detection system that scores every payment request in real time and can automatically block suspicious transactions based on customizable rules. For platforms handling international transactions that include potentially high-fraud regions or payment patterns, Radar provides machine learning-based fraud prevention without building custom fraud detection infrastructure. Stripe's documentation is widely considered the best in the payments industry — comprehensive, accurate, with full API reference, extensive guides for common integration patterns, and code examples in multiple languages. Nigerian developers studying payment API design use Stripe documentation as a reference model for understanding best practices in API design, error handling, webhook architecture, and payment security that apply across any payment provider.
Payaza API
Payaza Africa Limited is a pan-African payment gateway and financial services platform headquartered in Lagos, Nigeria, with operating licenses in 16+ countries including Nigeria, Ghana, Kenya, Tanzania, Liberia, Zambia, Rwanda, Uganda, Benin Republic, Côte d'Ivoire, Zimbabwe, Namibia, the DRC, Bahrain, the United Kingdom, the United States, Canada, and the UAE. This extensive multi-country licensing makes Payaza one of the most geographically diverse African payment platforms available to developers — a single Payaza API integration can power both local Nigerian payments and international collections from the UK, Canada, and the UAE. Payaza's developer documentation is available at docs.payaza.africa, with integration support at payaza.africa/integration-support. The API is RESTful with JSON payloads. Authentication uses a Bearer Token (Secret Key from the Payaza merchant dashboard). The API design follows standard patterns familiar to developers who have used Paystack or Flutterwave. Payaza supports card payments (Visa, Mastercard, Verve), bank transfer checkout, and mobile money across its supported markets. In Nigeria specifically, the gateway supports local debit card transactions, bank transfer collections, and outbound payouts to Nigerian bank accounts. In West Africa, mobile money is supported via integration with MTN Mobile Money, Orange Money, and other providers. For UK and international merchants, Payaza's local acquiring licenses enable card acceptance in British pounds and other major currencies. Multi-currency support is a primary differentiator. Merchants can configure Payaza to accept payments in NGN, GBP, USD, CAD, EUR, KES, GHS, and other currencies depending on their licensed market. This is particularly valuable for Nigerian diaspora businesses, e-commerce platforms with international customers, and SaaS companies billing customers globally. Payaza offers fast local and international payouts. For Nigerian businesses, payouts to local bank accounts are processed within standard Nigerian interbank timelines. For international payouts, Payaza's licenses in the UK, US, and Canada enable direct disbursement to foreign bank accounts without the complexity of SWIFT correspondent banking. The platform is built with security and compliance at its core. Payaza holds investment-grade security certifications and is PCI-DSS compliant. The platform has been described as offering "the most enjoyable payment experience" by Nigerian SME users, reflecting a focus on clean UI, fast onboarding, and responsive merchant support. Payaza has a particular strength in the creator economy and SME segment. Nigerian freelancers, digital product sellers, and content creators use Payaza to collect international card payments from overseas clients and receive settlement in their Nigerian accounts. The payment link feature requires no coding — making it accessible to non-technical merchants. Exact pricing is not publicly published on the Payaza website. Transaction fees are approximately 1.4–1.5% for local Nigerian transactions plus applicable flat fees, with international rates higher. Merchants are advised to contact Payaza directly for current rates based on their expected transaction volume and geography. The Payaza sandbox environment is available for testing. Moving from sandbox to live requires completing KYC onboarding including CAC registration, director BVN and government ID, and a business bank account. For international markets, Payaza may request additional compliance documentation depending on the country. From a compliance standpoint, Payaza Africa Limited is licensed by the CBN in Nigeria and has equivalent regulatory approvals in each of its 16+ operating jurisdictions. The breadth of licenses is a significant competitive advantage that took years to accumulate and represents a high barrier to entry for competitors. Frequently Asked Questions: How many countries does Payaza support? Payaza is licensed in 16+ countries as of 2026, including Nigeria, Ghana, Kenya, UK, US, Canada, and UAE. Additional markets are being added. Does Payaza support USD and GBP collection? Yes — Payaza can collect USD and GBP directly using its US and UK licenses, eliminating the need for separate payment processors in those markets. What is the onboarding time for Payaza? Nigerian business onboarding typically takes 2–5 business days depending on KYC document completeness. Is Payaza publicly traded? No — Payaza Africa Limited is a private company.