Top 10 Online Payment Processing Platforms in Nigeria 2014

Thank you for your interest in annual Top 10 Online Payment Processing and aggregator platforms in Nigeria. Your support has made us the most authoritative platform for online payment processing in Nigeria today and we thank you for that.

The 2014 review is more thorough and detailed than the previous edition. We contacted the payment processors and aggregators as usual, related with their customers directly to evaluate their performance and even intervene in real issues where necessary – to have first hand information about how some of the processors work.

As a website developer and consultant, we have some re-occurring questions customers constantly ask us among which are – we want to accept local and international cards, we want to accept payment in US Dollar and also display $ Symbol and  withdraw to Domicilliary account – no sign of Naira at checkout and payment page, what are the full setup fee, transaction and fund withdrawal charges of the processors among others are all considered in the review.

We start the review process by contacting the Nigeria Payment Processors and Aggregators, including few international that accepts Nigerian Cards – to supply us relevant information to aid the review. In addition, we ask them to advise their customers to comment on their performance online.

We discover some payment processors and aggregators did not provide us relevant details for their review. Some argue it’s due to their policy that company details will not be shared with third parties, others say we need a non disclosure agreement. But the smart ones among them sent us relevant details, leaving the confidential information out for us to scout for our self (which we did). This help us in reviewing them easier, critically and directly impacts on their ranking.

For example GTBank called us to know what kind of challenges we are facing when integrating to the GTBank GTPay, UBA called us and request our recommendations when upgrading to the current new UCollect platform among others, which made impact in their output. Infact, after the relaunch of UCollect, there were needs to make some updates in the integration document, they made it and resend new version back to us. Others call us on their charges, local and international expansion plan, how to discover and curtail against internet fraud – from the Payment processors and ecommerce merchant end among others, Those are the kind of things expected from a Nigerian payment processors, aggregators, business and even Government in general – updating as the need arises to meet up global trend.

We hereby present to you “Top 10 Online Payment Processing Platforms in Nigeria 2014” below:


1st Position

Guaranty Trust Bank Plc (GTBank) GTPay

ediaro Review

GTBank GTPay is a service offered by Guaranty Trust BankPlc  to allow customers accept payments on their website. The platform support Nigerian Cards – Visa, MasterCard and Interswitch. GTBank has upgraded their interface and coding from how it was last year. The platform now have better aesthetics and codes are simplified for developers.

We believe the bank was able to get it right because they took the pain to call their customers that haven’t completed their integration, ask why and seek their opinion and suggestions. This enables them improve Inside/Out. Infact, they called us at to inquire specifically. It’s amazing how we are able to complete a GTBank GTPay integration within a week (after test date has been set) and made a live transaction on it.


In the course of our research, we discover GTBank now support international cards, a Sample of which can be found online at airline booking site when you want to book your flight. If a customer request for international card acceptance, GTBank can approve to activate VISA and MasterCard international card acceptance, subject to a a transaction charge of 3% per transaction (no cap) and a N5,000.00 monthly subscription fee.


  • GTBank has a dedicated responsive team to attend to your issues timely.
  • GTPay payment gateway is one of the most widely used processor on many Nigerian websites. It supports Visa, MasterCard and Interswitch.
  • GTPay payment gateway support international cards (Visa and MasterCard).
  • GTBank is a certified developer partner, hence their GTPAY Integration for merchants fee is waived. Their customers get a waiver for integration – reduced sign-on fee.
  • GTPay integration documents and coding has been upgraded to make it easier for integrator to understand.


  • The timeframe for integration to go live stage is quiet long. Customer has to apply thru GTBank to Interswitch, before test ID will be created. Afterwards, TEST integration document/link will be sent to customer with long checklist of requirements. Customer will integrate, and send the checklist to GTBank for verification, then send to Interswitch to set their test date. Interswitch will fix a date for the test, conduct the test before approval and onward live integration details sent to GTBank, GTBank will then setup the customer on their site. This process takes time and can be cumbersome if you don’t understand what you are doing very well.
  • GTPay International card acceptance comes with a condition, international transactions come with a transaction charge of 3% per transaction (no cap)and a N5,000.00 monthly subscription fee. This no doubt is huge for SME and discouraging for customers that doesn’t regularly do huge turnover transactions, which may accrue to why many of their customers don’t subscribe to the international card acceptance of GTPay.
  • GTPay integration process and DIY integration document is quiet lengthy.
  • GTPay platform for selecting card type can be difficult for customers that doesn’t read everything on the page when they want to checkout and make payment. This can lead to higher shopping cart abandonment rate. Customers paying online may not know they have to click their preferred card and then enter email below the page, before proceeding to payment page to enter their card details. This stage can be bypassed for customers that wants to accept only local cards. Unfortunately, the stage cannot be avoided by customers that want to accept International cards. The bank should have made it like a simple radio button or something easier for the customer to know they must click, and no need to enter email address again (since it can be bypassed for local cards).
  • Customer has to open a corporate account with Guaranty Trust Bank Plc to be able to use this service.
MasterCard/Visa (local) N75,000.00 1.5% of transaction amount (subject to a maximum of N2,000) MERCHANT
MasterCard/Visa (Int’l) 3% of transaction amount; no cap MERCHANT
Interswitch Verve 1.5% of transaction amount (subject to a maximum of N2,000) MERCHANT


About GTBank GTPay

GTPay is a secure internet payment gateway developed to facilitate payments online using debit Cards issued by banks on the Interswitch Network. GTPay plugs in seamlessly with the existing websites of customers and acts as a bridge between the customer’s website and financial institutions (Banks). The payment solution:

  • Provides a convenient alternative payment channel to all customers
  • Enables cardholders to pay merchants (our customers) for internet purchases of goods and services from the comfort of their offices/homes by supplying details of their local debit/credit cards
  • Ensures transaction amount is deducted from cards instantly and merchant’s account credited within 24 hours




  • International Acceptance: GTPAY accepts both locally and internationally issued cards including Interswitch, MasterCard and VISA.
  • Timely transaction processing: Merchants get value next day after transaction takes place.
  • GTPAY monitoring log: GTPAY comes with a unique, online monitoring console that allows merchants view transactions as they occur.
  • Reduced sign-on fee: GTBank is a certified developer partner so we take on GTPAY integration for our merchants and as such the integration fee is waived for them.


  • Convenient means of payment
  • Acceptance of both local and international cards
  • Global reach for merchants
  • Increased sales
  • Promotes cashless transactions
  • Instant value for successful transactions



  • Complete the GTPay Application form
  • Send filled form along with Certificate of Incorporation to your Account officer
  • For further enquiries, kindly send an email to

GTBank GTPay Official Web Page:


Guaranty Trust Bank Plc (GTBank) Corporate Information

Guaranty Trust Bank plc is a foremost Nigerian financial institution with vast business outlays spanning Anglophone/Francophone, West Africa, East Africa and the United Kingdom.

The Bank presently has an Asset Base of over 2 Trillion Naira, shareholders funds of over 200 Billion Naira and employs over 10,000 people in Nigeria, Cote d’Ivoire, Gambia, Ghana, Kenya, Liberia, Rwanda, Sierra Leone, Uganda and the United Kingdom.

The Bank has a corporate banking bias and strong service culture that have enabled it record consistent year on year growth in clientele base and key financial indices since its inception in 1990.




2nd Position

UBA UCollect Review

United Bank for Africa Plc has upgraded and partially migrated their entire payment gateway – UBA UCollect to a whole new system within the year. The UCollect platform still support local and international cards, without any setup fee. At the moment, the platform support Visa and MasterCard only, when we contacted the bank, it was learnt that plans are in top gear to activate Interswitch on the platform soon.


UBA UCollect support Naira, Dollar, Pounds and Euro denomination. One very interesting and unique feature of  UBA UCollect is that, a customer can open a Naira account and US Dollar domiciliary account, then instruct the bank to settle all local transactions to their Naira account and international transaction to their US Dollar account with the Bank respectively.


In addition, when website visitors choose to pay their customer in USD, the currency displayed when paying is USD $ – which meets the demand many prospective Nigerian customers that are usually asking us that they don’t want display Naira as currency when customers are about to pay, given that UBA has branches across Africa, USA, London etc, the customer can be operating internationally, when in Nigeria, hence customer will be taking advantage of the global strength of UBA.



  • Upgraded interface (frontend and backend) and integration document.
  • Customer can get their local and international transactions credited to their Naira and US Domiciliary account respectively.
  • Partnered with developer to do website development and integrate UBA UCollect for the bank customer FREE.
  • No setup FEE.
  • The Bank has finally published product detail of UBA UCollect on their official website.



  • There are few incomplete files and link missing, which can make it complex for a new web developer to integrate to the site. In addition, the gateway lacks a test site, which means even when integrating, you need to be using a live card for every test process. You need to understand the programming to get the integration.
  • The customer don’t have access to the backend where they will set RETURN URLS – Success, Failure and Pending URL, you need to fill the URL on the form – for the bank to update and you need to do this consistently anytime you want o do any update on the site.
  • Customer has to open a corporate account with United Bank for Africa Plc to be able to use this service, like all other Banks that acts as a payment processor in Nigeria.
  • Information about UCollect is not sufficient among staff at the branch level, you have to call or email the head office for enquiries and support.
  • The Bank still maintains old and new UCollect payment gateway, which can raise suspicion for potential customer occasionally when they see two different interface and links to on different merchants site.
  • Customer needs to spend extra Naira installing an SSL security on their website. Since the UCollect platform is already secured there is no need for an SME to install SSL again.
  • UBA UCollect charges are quiet higher : 1.5% for local transactions – with no cap and 4% for international – no cap.
  • Interswitch Verve is not yet integrated to the New UBA UCollect, hence Verve cards can’t be used on the New Platform yet.
MasterCard/Visa (local) FREE 1.5% of transaction amount – No CAP MERCHANT
MasterCard/Visa (Int’l) 4% of transaction amount – No Cap MERCHANT
Interswitch Verve 1.5% of transaction amount (subject to a maximum of N2,000) MERCHANT


About UBA UCollect

U-Collect is a Consolidated Internet Payment Gateway Solution which integrates multiple payment solutions available in Nigeria – VISA, Verve, MasterCard and e-Tranzact.

Doing online business or e-commerce in the African market is plagued with so many risks to both merchants and consumers due to the sudden large amount of scams, identity theft, and fraudsters. U-Collect is a solution which allows merchants to accept card payments from customers who desire to do online purchases using their various cards. It is a gateway that connects merchants, cardholders, and financial institutions, offering the assurance of secure transactions and timely payments .


  • Simplified integration processes
  • Possible integration with corporate core business application if required.
  • Possible instant email/SMS notification (on phones of authorized personnel).
  • Supports multi-currency: dollar, Pounds, Naira, Euro, etc
  • Real-time comprehensive, searchable and downloadable reports accessible by authorised personnel as specified by Corporate.


  • Simplified integration processes
  • 24/7 support through our Customer Interaction center
  • A robust and scalable collection platform
  • Audit trail for transactions on the platform
  • Allows globally accepted means of payment – VISA and MasterCard
  • Secure means of collection
  • Reduced Collection Cost
  • Integration cost – NIL (No cost of Deployment to the customer)
  • Transaction cost: There is a transaction cost of 1.5% / Transaction (subject to a maximum of N2, 000)

UBA UCollect Official Web Page:


United Bank Plc (UBA)Corporate Information

United Bank of Africa (UBA) Plc is the West Africa’s largest banking and financial services group as measured by asset base, number of customers, branch network and profitability. It provides personal and commercial banking, wealth management services, insurance, corporate and investment banking and transaction processing services. The bank employs more than 17,000 staff (Core and support) who serve their over 6 million personal, business, public sector and institutional customers through their offices in Nigeria, Ghana, Cameroon, Cote d’ Ivoire, New York, London and the Cayman Island.

As a leading player in the African financial services sector, the banks aspiration is to fly the flag of African excellence within the global financial community and to be a role model to other African businesses. The United Bank of Africa (UBA) Plc has largely been a Nigerian and West African Bank. As the largest financial services company (by balance sheet size, branch network, customer base and profitability) in West Africa and the biggest listed company in Nigeria (by market capitalization, December 2007), the group has been recognized as a leader within the financial services industry in the region and a key driving force of the region’s economic development. UBA now has presence in seven African countries, spanning West, Central and East Africa, with main operations in Nigeria and Ghana, two of the most vibrant economies of Africa.

Today’s United Bank for Africa Plc (UBA) is the product of the merger of Nigeria’s third (3rd) and fifth (5th) largest banks, namely the old UBA and the erstwhile Standard Trust Bank Plc (STB) respectively, and a subsequent acquisition of the erstwhile Continental Trust Bank Limited (CTB). The union emerged as the first successful corporate combination in the history of Nigerian banking.

UBA’s history dates back to 1948 when the British and French Bank Limited (“BFB”) commenced business in Nigeria and the erstwhile STB and CTB both in 1990. Following Nigeria’s independence from Britain, UBA was incorporated in 1961 to take over the business of BFB. Although today’s UBA emerged at a time of industry consolidation induced by regulation, the consolidated UBA was borne out of a desire to lead the domestic sector to a new era of global relevance by championing the creation of the Nigerian consumer finance market, leading a private/public sector partnership at supporting the acceleration of Nigeria’s economic development, and growing the institution from a banking to a one-stop financial services institution, while spreading its footprints across Africa to earn the reputation as the face of banking in the continent.

Today, United Bank for Africa Plc, is one of Africa’s leading financial institutions offering universal banking to more than 7.2 million customers across 700 Business Offices in 19 African countries. With presence in New York, London and Paris, UBA is your partner for banking services for Africans and African related businesses globally.






3rd Position.

Zenith Globalpay

ediaro Review

Zenith Globalpay payment gateway support local and international transactions and the interface is easy to navigate.  The Gatway is owned by Zenith Bank Nigeria Plc, a bank designed for professionals and High net individual – as Nigerians perceive them. As a matter of fact, deployment of the gateway started with N250,000 (Two hundred and fifty thousand naira), they made a promo and deploy it for 75,000 (Seventy five thousand naira). Currently, the platform has been reviewed upward back to N150,000 (for Visa, Mastercard and Interswich card support).


  • The payment gateway support local and international cards.
  • The Bank tactically segment their customers, hence, they may enjoy easier customer management, if well managed.


  • The Bank monthly Access Fee – N5,000.00 and Foreign Settlement Charge – $50 (per settlement)  combination are the highest so far.
  • Setup fee of N150,000 – is also high.


About Zenith Globalpay

 GLOBALPAY – Accept Card Payments Online

Make the transition from local business to global player with GlobalPAY, our online card processing platform that enables businesses with or without functional websites accept card payments from customers globally.

  • There are two ways to take advantage of GlobalPAY:
    Direct Integration with Website: The payment gateway is integrated into your website enabling you receive card payments on the website from cardholders from any bank in Nigeria or internationally.
  • Storefront Page: A payment page is hosted for your business on the GlobalPAY Storefront at

Whichever approach is adopted, you will be able to receive payments from a wide variety of locally and internationally issued debit, credit and prepaid cards. This will ensure that your business can accept payments conveniently on its website from customers all over the world. Both the integrated payment gateway and the Storefront accept MasterCard, Visa and Verve cards. With GlobalPAY, your website will also have the functionality of accepting and monitoring mobile payments made via mobile phone.

zenith globalpay
An online log is available to view all transactions as they occur on your website.

  • Acceptance of locally and internationally issued cards:MasterCard, Visa and Verve Cards.
  • Online real-time log for monitoring transactions as they occur.
  • Real-time online processing of transactions i.e. instant debit of cardholder’s account immediately payment is made.
  • Multi-card acceptance with single integration
  • Multi-currency processing
  • Highest levels of data protection via PCI Compliance
  • Supports MasterCard Securecode and Verified By Visa
  • Multi-currency Settlement (Naira and Dollars)Cards Accepted
    Visa, Mastercard and Interswich (Verve)

1. Merchant signs payment integration forms for GlobalPAY (MasterCard & Visa) & Interswitch.
2. Merchant issues two cheques, one in favour of ‘INTERSWITCH NIGERIA LTD’ and the other in favour of Zenith Bank Plc as advised below.
3. APIs will be exchanged between Zenith Bank’s certified web programmer and customer’s web developer as part of the integration process.
4. Following completion of integration and successful testing of the payment engine on the website, payments by customer can commence.
5. Merchant is provided with a console to view transactions as they occur online real-time.

1. Customer visits Merchant website and adds desired items to the shopping cart.
2. Customer selects card type to pay with.
3. Shopping cart links to payment interface for the selected card type.
4. Customer securely keys in card information
5. Once payment is successful, an online receipt is displayed on-screen and can be printed by the Customer.


MasterCard/Visa (local) N75,000.00 1.5% of transaction amount (subject to a maximum of N2,000) MERCHANT
MasterCard/Visa (Int’l) 3.5% of transaction amount; no cap MERCHANT
Interswitch Verve N75,000.00 1.5% of transaction amount (subject to a maximum of N2,000) MERCHANT

Monthly Access Fee – N5,000.00

Foreign Settlement Charge – $50 (per settlement)

Zenith Globalpay Official Web Page:


Zenith Bank Plc Corporate Information

Zenith Bank Plc was established in May 1990, and commenced operations in July of the same year as a commercial bank. The Bank became a public limited company on June 17, 2004 and was listed on the Nigerian Stock Exchange (NSE) on October 21, 2004 following a highly successful Initial Public Offering (IPO). Zenith Bank Plc currently has a shareholder base of about one million and is Nigeria’s biggest bank by tier-1 capital. In 2013, the Bank listed $850 million worth of its shares at $6.80 each on the London Stock Exchange (LSE).

Headquartered in Lagos, Nigeria, Zenith Bank Plc has over 500 branches and business offices in prime commercial centres in all states of the federation and the Federal Capital Territory (FCT). In March 2007, Zenith Bank was licensed by the Financial Services Authority (FSA) of the United Kingdom to establish Zenith Bank (UK) Limited as the United Kingdom subsidiary of Zenith Bank Plc. Zenith Bank also has subsidiaries in: Ghana, Zenith Bank (Ghana) Limited; Sierra Leone, Zenith Bank (Sierra Leone) Limited; Gambia, Zenith Bank (Gambia) Limited. The bank also has representative offices in South Africa and The People’s Republic of China. The Bank plans to take the Zenith brand to other African countries as well as the European and Asian markets.

Zenith Bank Plc blazed the trail in digital banking in Nigeria; scoring several firsts in the deployment of Information and Communication Technology (ICT) infrastructure to create innovative products that meet the needs of its teeming customers. The bank is verifiably a leader in the deployment of various channels of banking technology, and the Zenith brand has become synonymous with the deployment of state-of-the-art technologies in banking.

Driven by a culture of excellence and strict adherence to global best practices, the Bank has combined vision, skillful banking expertise, and cutting-edge technology to create products and services that anticipate and meet customers’ expectations; enable businesses to thrive and grow wealth for customers.

Zenith Bank Plc, founded by Jim Ovia in 1990, has, since grown astronomically to become one of the leading financial institutions in Africa. Zenith Bank Plc currently ranks as the 6th biggest bank in the continent. The Bank grew its shareholder’s fund of N20million in 1990 to N509.25billion as at year end 2013. Today, the Bank continues to thrive on the strong values, brand equity, corporate culture of professionalism and service excellence which are the foundations upon which the bank was built.




4th Position.

Interswitch Webpay

ediaro Review

Interswitch is the grandfather of online payment processing in Nigeria. The Bank process online and offline for virtually all commercial banks in Nigeria. To use the Interswitch webpay for accepting payment online, the customer has to follow a similar process adopted by GTBank GTPay, afterwards customer will be migrated to a live site – to start accepting real live transactions. Although the process is a bit long and also uses a DIY integration document, the payment processor has also partnered with some developers to assist customers with integration at a cost.



  • Customer is not mandated to have account with a specific Bank before he/she will be able to use the platform – virtually all Nigerian banks accepts interswitch to process their payment.
  • The payment processor are the major processor in Nigeria, hence, virtually all Banks will have to relate with them for all settlement issues related to using interswitch cards and webpay platform.
  • They have partnered with developers to facilitate the integration process.


  • The cost of Integrating Webpay to your website is N150,000 (One Hundred and Fifty Thousand Naira Only) which to us also is quiet high.
  • A downside of this platform is that the gateway only support Nigerian interswitch compliant cards. International cards such as VISA and MasterCard cannot be used. A service many Nigerians now ask for constantly


About Interswitch Webpay

WebPAY is an Internet Payment Gateway developed by InterSwitch to facilitate payments on the Internet using debit cards issued by member banks on the InterSwitch network.

WebPAY plugs-in seamlessly with existing websites and acts as a bridge between a merchant’s website and financial institutions (banks) to process payment transactions. Customer card details are captured online via WebPAY in order to make purchases on the merchant’s site. The card details are sent in an encrypted manner to InterSwitch for real-time authorization at the issuing bank.

Webpay integrates directly unto customers website enabling funds to be received into their account, but no elaborate reporting is provided. Paydirect – Web (without reporting) offers cash deposit information and is often the product of choice for medium and small businesses.

Most Nigerian have an Interswitch card or local Mastercard (which comes with interswich), hence virtually all Nigerian banks have an interswitch license for processing Interswitch cards Online and thru other platforms such as POS, ATM etc.


Interswitch Limited Corporate Information

Interswitch Limited is an integrated payment and transaction processing company that provides technology integration, advisory services, transaction processing and payment infrastructure to government, banks and corporate organizations.

Interswitch, through its Super Switch provides online, real-time transaction switching that enable businesses and individuals have access to their funds across the 24 banks in Nigeria and across a variety of payment channels such as Automated Teller Machines (ATMS), Point of Sale (PoS) terminals, Mobile Phones, Kiosks, Web and Bank Branches.




5th Position


ediaro Review

Voguepay is a Nigerian payment aggregator that allows customers to accept payment on their website. The system support automatic withdrawal to the merchant bank account, unlike most payment aggregators that merchant have to manually request for withdrawal. The company have been featured in many local and international magazines and websites, e.g.  FintechCapital Magazine (UK), Business day Newspaper, Vanguard Newspaper, Thisday Newspaper, Youtube among others.

Last year, the company didn’t make it to the ediaro Top 10 Online Payment Processing Platforms in Nigeria, but this year, they didn’t only make it to the list, but among the top on the list. The company has partnered with some international companies such as Veridu limited (UK) and financial software systems in India to provide a secure and efficient system.

Another great advantage of this payment aggregator is that they have developed Plugin merchant can just download and install to your existing website – for selected shopping carts, minimising the stress and energy of having to integrate the gateway to your website. For sites without a readymade plugin or code, the company has an integration document you can use for custom integration with your website.

The gateway have multiple security for SSL, Ip monitoring, encryption, user ban and suspension management, risk evaluation management system, email and phone number verification among others. This normally will make it easy to minimise fraud – by monitoring fraudulent IP addresses, Securing the payment page, user authentication among others.

As a plus the platform comes automatically with Voguepay analytics – for merchants to evaluate their business performance/pattern over a period of time, email invoicing, dispute management resolution centre.

Voguepay inform us that they are currently developing a new VoguePay website software (VoguePay 2.0) that will be based on the International Financial Reporting Standards (IFRS), accept international cards, perform automated periodic transaction reconciliation and offer a new range of world class features that have not presently offered by any Nigerian payment processor/gateway. We hope to see this soon.



Signing Up:

Fees and Charges

NIGERIA – Business Account

Business Account
Opening Account Free
Merchant Fee Free
Merchant Verification N1500 (with Corporate Affairs Commission Certificate) and N2500 (with Government issued Identity cards)
Transaction Fee Transaction Fee                Naira Cards – 2.5%USD MasterCard & VISA Card – 4.5%(No Gateway Fees Applicable)
Withdraw Money 1% + 120 Naira
Integration Free  (Fee may apply for customised Integration)


Activating International Card Acceptance

VoguePay USD MasterCard/VISA channel has now been disabled. This is attributed to the fight against fraud and unauthorized card usage, Merchants who wish to have the channel enabled for their business will have to request for same by contacting their support team. The company noted that the USD channel will not be available to businesses classified within the high risk category.

Voguepay was created with a big vision: to make online, cross-currency payments and transactions safer, cheaper and more accessible for businesses, traders and consumers in Africa and internationally. Tens of thousands of clients later, Voguepay’s comprehensive (and/or integrated) solutions and services are helping businesses to grow – and individuals to prosper – by removing the barriers and the complications to local and international trade. They claim to be the payment bridge between Africa and the rest of the world.


VoguePay Corporate Information

VoguePay is a unique online payment processor whose vision is to offer buyers and sellers a secure and easy-to-use means of transacting business online.

VoguePay allows site owners to receive payment for their goods and services on their website without any setup fee.

VoguePay distinguishes itself from other online payment processors with its array of features that are guided by its core values:

  • Security
  • User Friendliness
  • Reliability

VoguePay aims at continuous improvement of its services and consistent introduction of new value adding features and maintenance/upgrading of existing ones.

We believe that receiving money on your website should be easy enough for anyone to implement, this explains why we have carefully created several tools to make integration of VoguePay into your site a snap.

VoguePay International is owned and managed by Vogue Web.




6th Position.


ediaro Review

This is a Nigerian payment aggregator located in Abuja Nigeria. The gateway rely on the international acceptability of Zenith Globalpay to allow their customers accept payments online Using their local and international Visa Card, MasterCard and Interswitch cards.

The company has an inhouse fraud review system. Their system automatically prevents fraudulent users from transacting with merchants. With this feature, Simplepay promise to provide support to merchants on treating chargebacks. The system have an intelligent system that constantly check and monitor transaction flows.

Merchant can get fund credited to their bank account on or before 24 Hours, except for Merchant pro who can get it instantly. The company also makes ready-made integration Plugin for different variants of Shopping carts and CMS, in addition, the integration document is available for custom integration. Just like VoguePay, fee may apply for customised Integration. According to Simplepay, getting your website running to accept online payment is simple – it takes a non Technical Person 2hours, for a Developer, it should be done in minutes.

Simplepay has received Best start up company in Nigeria from seedstars. In addition, they recently engaged the service of an American and a seasoned professional Rich Tanksley ; who is passionate in building and improving ecosystems, companies, systems and processes.  With his more than 20 years work experience, he has worked with dozens of start ups all over the world, helping transform them into a unique profit-making venture.


With Simplepay, customers are not tied to a specific bank to be used in Nigeria, you can choose any bank of your choice; unlike GTBank GTPay, Zenith GlobalPay and UBA UCollect and others. The platform also don’t insist on SSL,DEDICATED IP among others like UBA UCollect.

On the downside, the company has an amazing fraud review system. Specifically, our client we integrated it for had his fund still pending settlement for months – because they are requesting for the Merchant customer to scan a copy of the ATM Card used for the transaction, but the customer objected due to natural fear of fraud. When the Merchant contacted us to intervene, we contacted them to look into the issue critically and resolve, initially they agree work with email correspondence before settlement. Afterwards, there was a change in tune which is – that the customer has to mask part of their card and send part number of the card. At the point the customer was not ready to do anything at all. This brought the whole transaction to a halt as the customer was not ready to scan any part of his card and they are not ready to release the fund to the customer. Such issues should have an alternative way of resolving.


Signup fees: FREE

Integration: FREE


  • Verve Card/ Naira MasterCard – 1.50% plus N10.00 per transaction;
  • Etranzact Card/Web – 1.50% plus N0.00 per transaction;
  • Visa (Vpay) integration – 1.50% plus N0.00 per transaction;
  • International Payments via Credit Card Visa and MasterCard (Zenith Bank Transfer) – 5.00% plus N10.00 per transaction;

Withdrawal: Wire Transfer – N300.00 per transaction;

Receive Money: 1.00% plus N10.00 per transaction



Simplepay Corporate Information

SimplePay allows any business or consumer with an e-mail address and a bank account to securely, conveniently and cost-effectively send and receive payments online or through their mobile phone. Our network provides a global, real-time merchant transaction processing solution. SimplePay for merchants is ideally suited for small businesses, online merchants, individuals, and others currently underserved by traditional payment systems. SimplePay personal accounts are great for anyone who hates standing in line, going to the bank, or carrying cash with them everywhere.

SimplePay was Founded 2013. Started operations in 2014 in Abuja, Nigeria. We just received funding from Seedstars, a Swiss-based venture builder, and are now poised for explosive growth throughout Nigeria.





7th Position.


ediaro Review

2Checkout has been confirmed accepting Nigerian cards for many years, though a USA Based company. They offer 8 payment methods which includes: Visa, MasterCard, Discover, American Express, Diners Club, JCB, PIN debit cards with the Visa or MasterCard logo, Debit cards with the Visa or MasterCard logo, PayPal.

Payments can be received in US Dollar or any other currency set as default currency on the merchant website. This no doubt will meet the need of many Nigerians consistently calling us at Webcentre for consultancy and website development – requesting to accept online payments in US Dollar and other currency without showing Nigerian Naira at all at checkout. Given that most Nigeria Banks now offer Internationally compliant Visa and MasterCard by default, Merchants and Nigerian customers can use 2checkout to accept payments online without barrier.


After an order has been received online on behalf of the merchant, the Merchant can then instruct 2checkout they want to receive their payment in their Nigerian Domiciliary account. This fund can be transferred in US Dollar, Great Britain pounds among other currencies. Alternatively, it can be transferred to the customer Payoneer MasterCard – which can be withdrawn on a Nigeria ATM Machine or used to order online.

2Checkout has been around for the past 14years, they have served over 50,000 Sellers across the globe. In addition to this, experience has taught them to build 300+ Fraud rules built over time and have also met PCI Level 1 compliance.

Getting Started

You can setup your FREE Merchant account today. First you will need to sign up with 2Checkout by submitting an application. Your application will be processed and your website will be reviewed by 2co underwriting team. During the review, they look at your products and services, review your marketing techniques, understand the pricing and review the checkout process (don’t forget to add a refund and privacy policy). After the application is approved and your site is up and running, you can start selling with 2Checkout.

Transaction Charges for Nigerians.

5.5% + 45¢ successful transaction


2Checkout Corporate Information

A worldwide leader in payment services, 2Checkout maximizes online sales conversions by giving global buyers localized payment options. Trusted by over 50,000 merchants, 2Checkout supports transactions in 196 countries through 8 payment methods, 26 currencies, and 15 languages, forming one of the leading processors of online transactions in the world. The service is simple to implement, including a pre-integrated payment gateway, a merchant account, PCI compliance, international fraud prevention, and plug-ins for 100 of the most popular carts.

2CO is the authorized reseller for thousands of tangible or digital products and services. Established in 1999 and headquartered in Columbus, Ohio, 2CO provides turnkey e-commerce solutions to thousands of business customers around the world. 2CO’s proprietary technology supports back-office functions including financial reporting, tracking, fraud prevention, affiliate tracking, customer service and sales tracking. Since inception 2CO has maintained a steady and maintainable growth. The company’s approach is geared towards providing quality service to new and existing clients without feeling the need to expand at a rate that would sacrifice service to our clients.





8th Position.


ediaro Review

CashEnvoy commenced operations in November 2009 as the First web payment aggregator in Nigeria. It’s owned by Electronic Settlement Limited and approved by the Central Bank of Nigeria. The company has been silent for quite a while but has some interesting customer base. They promise to settle fund to customers account within 24hours.

Cashenvoy vision is to create the magical payment process that customers always want to pay with and merchants always want to receive payments with. It is worth noting that CashEnvoy is the only Nigerian Payment Aggregator/Processor accepted on Shopify.

Cashenvoy doesn’t charge for online different variants of cards – merchants can accept local and international – VISA, MASTERCARD, eTranzact and Interswitch cards.

The company has an integration document on their website in addition to some simple plugins for popular shopping carts. But just like companies using interswitch to power their website with the UAT document, customers have to pass their test phase of site integration – that is to test your website before moving you to live mode. They promise that as soon as the merchant integrates and send the necessary documents they will test and put the site on live mode.  In addition to a Valid Identity card and utility bill. With all this process, it’s amazing they promise that the customer will start accepting payments on their website within 24hours.

A prospective new customer must meet the following Terms and conditions before been allowed to use CashEnvoy payment gateway: User would be verified, Business and business model must be viable, Evidence for exchange of value.

CashEnvoy to explain to us that when Merchant use CashEnvoy to accept payment, some security features come with it : we have myriad security features, Information is protected on. By using SSL with an encryption key length of 128 bits, they also deploy fraud prevention technology that monitors transactions for suspicious activity, Work with law enforcement to assist in apprehending and prosecuting fraudsters and identity thieves, help safeguard their customers against identity theft, every CashEnvoy payment is followed by an email confirming the customer’s transaction among others.

CashEnvoy added that they have specialist who monitor and protect against identity theft, work hand in hand with security agents to shut down fraudulent websites. In addition, they have fraud model to review transactions and weed out fraudulent activities complimented by in house verification system which protects customers from unauthorised payments sent from the customer’s account.

As a fraud-prevention measure, CashEnvoy also send an email confirmation for every online payment that you make with CashEnvoy. If you receive email confirmation of a transaction that you did not approve, when they are contacted, they work as quickly as possible to resolve the issue.



Registration fee, admin, fee— 0

Withdrawal fee- 0

Activation fee- 0

Transaction fee 2.5%+ N12.60 to a maximum of 3500

No hidden charges




9th Position

First Bank FirstPayLink

ediaro Review

FirstPayLink is an online payment processing platform owned by First Bank of Nigeria Plc. To be able to use this service, the customer must have a First Bank Account.

The payment gateway support local and international transactions. First Bank FirstPayLink does not have any integration plugin like other banks just like( GTBank GTPay, Zenith Globalpay, UBA UCollect), but they have an integration document too for that the customer can use for their website integration.

Although our webcentre team has not integrated any website for ourself or other customers, but we’ve done for other  Banks on similar platform to FirstPa Link, their coding and design structure is quiet complex, hence developer should really know what they are doing.



MasterCard N50,000.00 1.5% of transaction amount, subject to a maximum of N2,000  (Local) and3% (International) MERCHANT
Visa 1.5% of transaction amount, subject to a maximum of N2,000  (Local) and3% (International) MERCHANT
Interswitch Verve N50,000.00 1.5% of transaction amount, subject to a maximum of N2,000  (Local). MERCHANT
eTranzact N50,000.00 1.5% of transaction amount, subject to a maximum of N2,000  (Local). MERCHANT


The total set-up cost (one-off) is N200,000 (N50,000/Switch) There are four Switches available: InterSwitch, Visa, MasterCard and eTranzact. The charges is 1.5% cap N2000 (Local) and 3% (International)


About FirstPayLink

FirstPayLink is a multi-platform Internet payment gateway, that integrates to merchant websites to allow Internet payments using InterSwitch, eTranzact, Visa and MasterCard cards.


  • The solution provides a seamless flow for customers to navigate payment options, select preferred payments, confirm payment amounts and proceed to key in card details for authorization .
  • Allows payers select preferred payment options from a list of available payment processors.
  • Transfers users to relevant payment processor (InterSwitch, eTranzact, Visa, etc) pages within a frame for entry of card and PIN information.
  • Provides on-screen payment success notifications.
  • Generates, displays and emails payment receipts with unique reference numbers, to payers’ e-mail address.
  • It provides Merchant reports with flexibility for searching, based on predefined product and category criteria



  • Improved satisfaction for payers through payment convenience available 24/7.
  • Increased revenue sources for Merchants, from access to a wider range of customers home & abroad.
  • Enables the use of borderless means (Internet) in trading.
  • Minimal skills required to integrate to Merchant website
  • It is a secure mode of payment acceptable all over the world.
  • Real-time access to transaction information.
  • Provides a log of all successful payment for monitoring, accounting and reconciliation purposes
  • Provides reports useful for budgeting & planning purposes.
  • All-in-one solution that allows addition of new payment options.


First Bank of Nigeria Plc Corporate Information

First Bank of Nigeria Plc for over a century has distinguished itself as a leading financial institution and a major contributor to the economic advancement and development in Nigeria.

The bank was incorporated as a limited liability company on March 31, 1884 with head office in Liverpool by Sir Alfred Jones, a shipping magnate. It started business in the office of Elder Dempster and Company in Lagos under the corporate name of the Bank of British West Africa


(BBWA) with a paid up capital of 12,000 pounds sterling, after absorbing its predecessor, the African Banking Corporation which was established earlier in 1892. In its early years of operations, the bank recorded an impressive growth and worked closely with the colonial government in performing the traditional function of a Central Bank, such as issue of species in the West Africa sub-region. To justify it West Africa coverage, a branch was opened in Accra, Ghana in 1896 and another in Freetown, Sierra Leone in 1898. These marked the genesis of international banking operations. The second branch of the bank in Nigeria was in the Old Calabar in 1900 and two years later, services was extended to Northern Nigeria. To reposition and take advantage of opportunities in the changing environment, the bank had at various times embarked on restructuring initiatives. In 1957, it changed it name from Bank of British West Africa to Bank of West Africa in 1969; the bank was incorporated locally as the Standard Bank of Nigeria Limited in line with the companies’ decree of 1968. Change in the name of the bank also occurred in 1979 and 1991 to Bank of Nigeria and First Bank of Nigeria Plc respectively. In 1985, the bank introduced a decentralized structure with five regional administration.

To further enhance the bank’s operational efficiency, this was reconfigured into sixteen area offices in 2003. In view of the foregoing, it was therefore, a natural progression when in 2001, the bank began the process of transformation process which began in early 2001 gained momentum in 2003 and was launched on Tuesday, April 27, 2004 with the introduction of new corporate identity. First Bank get listed on the Nigerian Stock Exchange (NSE) in March 1971 and won the NSE president merit award eleven times for the best financial report in the banking sector. In line with the bank’s mission statement “remain true to our name by providing the best financial service possible” and its banki essence, “dependably dynamic,” the bank will consistently transform itself as it forges ahead in its second century qualitative banking to the nation.



10th Position.


ediaro Review

Argon Pay is an online payment aggregator allowing Nigerians to accept payment using their Visa and Mastercard. The gateway rely on the global infrastructure of UBA UCollect to process online payment. The company noted that they have partnered with the internationally renowned Stripe and Paypal to process Debit and Credit Card payments. In addition they use Perfectmoney, egopay, bitcoin and okpay for digital currencies.

ArgonPay is essential to receive payments for goods and services on your websites, pages and blogs all over the world. A vast array of payment services is opened up with it, amongst which are currency exchange, receipt and transfer of payments, cheap electronic transfers, withdrawal of funds from your e-wallet into any bank in the world. Transfer of payments to anyone in the world, even if the receiver is not an ArgonPay system account holder.

The global payment systems enabled on ArgonPay by default include:

VISA, Mastercard, PerfectMoney, Okpay, Paypal, Egopay, Webmoney, Bitcoin

Any user can fund his account with any of the following means, and funds can also be withdrawn using any of the above, processed into bank accounts in Africa and worldwide, or withdrawn via Moneygram.

FEATURE RICH API:- Our API is automated both for receiving and transferring of payments. The API can also be customized by you to choose what payment processor to enable or disable (This is beneficial especially if you have already integrated one of the processors built into ArgonPay)

ArgonPay Services Review

Gateway Features

We process and charge credit cards quickly and reliably without charging usurious discount rates or transaction fees. We allow merchants to process Visa, MasterCard, Paypal, Perfectmoney, bitcoin, Egopay and other typical forms of payment at fair rates. Authorizing payments should happen in the background, leaving you free to address the logistics of day-to-day business.

ArgonPay integrate smoothly with merchant accounts, security requirements and banking procedures.

eCommerce and Site Integration

ArgonPay integrate smoothly with typical shopping cart software. We offer the assistance of programmers and IT specialists to get you set up. An effective merchant account allows you to quickly configure automated billing, recurrent billing, subscription and other value-added services.

Merchant Account Features

Keeping tabs on customer information and transactions is just as important as generating new leads. We keep an eye on our users accounts, maintain security requirements and banking procedures.


Configuration, implementation and maintenance of a payment wall, web store or shopping cart can be a challenge for even the most IT-savvy businessperson. A solid and easy-to-contact support network is a necessity we have in place so that you are not left in the lurch.




About, a Proudly Nigerian, Truly International company has established itself as a industry leading ecommerce website development company. Our highly professional and flexible ecommerce platforms enables businesses to easily build and manage rich, multi-store and multi-device ecommerce websites with a significantly higher ROI. is trusted by leading National brands including Arts of Nigeria, Makinde Motors, Rosehill Group, Chartered Institute Customer Relationship Management (CICRM),  Asokoro Island Limited, Association of Environmental Impact of Nigeria, and other companies worldwide – see our customer testimonials here. professional website designers and web developers provides integrated ecommerce (online store) site development,  website development, website redevelopment, web hosting, domain registration, Secured Socket Layer (SSL) support and installation, Online payment Integration to your website.

Our Digital payments & collections services are complimentary, we help organisations with receiveing payments online and Bank branch (you can receive payment from all Nigeria commercial banks and some microfinance banks),Online, ATM, Mobile APP and others in Nigeria. To cut bank charges, minimise leakages, reduce waste of management time and improve profitability, you can also enjoy cheaper/lower bank charges when you pay your staff salaries, suppliers, affiliates, partners, distributors etc) – making use of services such as AUTOPAY, PAYDIRECT Bank Branch & WebWEBPAY and other relevant digital payment solutions to run a successful business.

Stanbic IBTC Bank Plc, Interswitch Limited and United Bank for Africa Plc among others have signed agreement with us, so we can help you facilitate and fast-track the setup process  FREE if you desire, click here to contact us.

If your concept is a means of making continuous residual income thru online membership website, ediaro eMembership is a custom built solution that manages online membership registration, members records, renewal (email & SMS alert),restrict contents access,ecommerce,hotel & event booking,donation,card payment, forum etc.It is designed to compliment existing professional associations, clubs and society process to make them successfull or work as a standalone online membership site.

It all starts with the quality infrastructure – partners with some of the best, tested and trusted companies across the globe to provide you with the reliability and performance needed for ecommerce store. Our ecommerce web servers support many merchant account services. You can even get a great deal by buying service packages directly from  us. And, if you ever require support, our team of skilled technicians are available to assist when you need them.

To develop or re-develop a website to accept online payment, contact ediaro TEAM today to setup your business, Club and Society or Company ecommerce website for you and start accepting payment online realtime. Click here to request a website price Quote, visit our webcentre, email or call (+234) 080-9502-9999  for more information.

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45 responses to “Top 10 Online Payment Processing Platforms in Nigeria 2014”

    • That’s very simple. We have sent you an email on how we can commence it, please check your email and reply.

    • Dear Sir/Ma,
      We reviewed REMITA, but they didn’t make it to the list because some important points we need to clarify with them are not in the details they forward to us. In addition, we called their customer service line several times, but they didn’t pick the phone. That’s why they didn’t make it to the list.

  1. You have done a fantastic job here.
    At the recent 1st Nigeria Dot Com Awards, VoguePay was given the best payment processor in Nigeria by people’s vote while Interswitch was the best by panel selection.
    I think they both should be No 1 and No 2 respectively.
    Its a good thing to see VoguePay and SimplePay competing with the bank owned payment platforms.
    You have done a great job. Keep it up.

  2. Ediaro,

    I really do not know if you understand what it means to review peoples products and services. I just pray your hands are not in this fraud called

    I am taking my time to go after getting some vital information before hitting the nail at the head.

    I would advise you to delete “” from here as your blog mislead me into entrusting my money with them and if after 48hours you do not get them off here, I will start a PROMISING BLOG to tell my tales about argonpay, you and blogging.

    • Hello Obasi,
      We only make an independent review of Payment Processors in Nigeria based on their accessment of service rendered, we don’t have any direct affiliation nor responsible for their actions or inactions in any way with you (except any company we clearly state). We advise you to make a sound business decision and profile/KYC as you will normally do with any other organisation you deal with.

      Meanwhile, we will be happy to interfere by relating with the payment processor to ascertain the cause of the problem and fixing it. If they are found wanting in any way, we will get your complains and document and it will form part of this year review, just like we did in the case of Simplepay Vs Realprofitmarkets in 2014 review.

      If all efforts prove abortive with resolving it amicably, we will assit you with relating with relevant security agencies locally or internationally to seek redress.

      To this end, What is the problem between you and argonpay? Send us your full transaction details and other relevant information to enable us contact them and investigate further. We await your response.

    • Now I 100% really agree with you, warning people stay away from ARGONPAY AND STANBIC IBTC. I will happily present myself in court if need be for it. Please stay Away from ARGONPAY, they are scam processors

  3. Mr Obasi,

    Im Victor, head of operations for ArgonPay Nigeria.

    I was contacted to attend to your complaints and set it straight.

    I was notified of some paypal issues we were having, and particularly I was informed about your case as well by our operation manager in Kenya, Mr Daniel.

    I will confidently assure you that it shall be solved this week. We are also a dependant on some factors which we dont have autonomous control over.

    You can personally call me on +2347032046840.

    I will also implore you tender an apology to Mr Ediaro, who is working flawlessly everyday to enhance and give values to E-commerce in Nigeria.
    He is an independent body and not an accomplice to anything fraudulent or twisted.

    Thank you for your understanding and patience.

    I wish you a happy new month

  4. I don’t understand this:

    5.5% + 45¢ successful transaction.

    Does it mean transaction fee is 5.5% of product’s price + 45¢? If yes, the transaction fee is on the high side.

  5. Do NOT, I repeat DO NOT try to have any business with argonpay. They and stanbic ibtc scammed me. At 1st a customer went to my site to purchase an item, on getting to checkout, and click on payment button,the customer was told ”transaction not detected”. Without knowing his card was been charged, after a few try and problem pesisted, argonpay now send me a mail that a customer was making repeated payments, that I should stop the customer which I did by contacting the customer, then he told me he never knew he was been charged and asked how much has already gone in, I told him $575. He then asked me to proceed with orders. Then I as well informed argonpay of the developement and they accepted that the transaction not detected was from them and said sorry in a mail they replied! This was not the 1st technical issue I had with them. They know. Ask them! Stanbic ibtc is a nonsense gateway, where ever you meet that gateway, don’t ever make a transaction with their gateway, the gateway is not good and properly set up to work at the level of gtpay etc. This is the worst gateway and remember experience is the best teacher. Ok, now after everything, argonpay asked for order invoice before they could release funds, I did this, and was expecting payment, now goods arrived from chinese online store where I ordered them for some price to sell for a profit, believe you me, till now, not even argonpay nor stanbic ibtc have been heard from. Money is still pending on argonpay Just like that, my capital is stocked up. They don’t care. Citing fraud, when they are the one that made the customers transaction look like fraud. How would a customer know he has ordered, when the only response he got wsa transaction not detected???? Now I leave everybody to judge. I strongly advice anybody interested on argonpay, or intending to use argonpay to think twice, stay away from ARGONPAY!!!!! Its a SCAM!!! I will give the link of my blog about argonpay with screenshots of correspondents once I finish setting it up.

    • Hello Gideon,
      We will investigate the issue and revert.

      Forward us the transaction details – to facilitate our investigation.

  6. Hello Ediaro and all . I want to know if anyone else have used the services of ARGONPAY.COM.

    Apart from Mr Obasi who was obviously not happy with their service, is there anyone else who think their services is bad?

    I have searched online to see if I will find any review of their services but I found none except what I found on this post .

    Although a staff from ARGONPAY did respond to Mr. Obasi’s complaint but no one can tell if they did resolve the issue amicable or not.

    So If anyone have had a bad experience , please do post here or reach me via email. I like what ARGONPAY are offering ; lots of ways to accept payment online and they seem more suitable for the type of services that I am planning to offer on my site


  7. Disclaimer, reviewed above has issues – as they have not yet resolved complain on fund settlement raised by their customers, all efforts to reach them has proven abortive.

    We advise that you trend softly when transacting business with them.

    Regards, Team

  8. It will be best if Ediaro can removed Argonpay from this list. People see this blog as an authority blog . Don’t just leave a disclaimer on the comment section , take the site down from the list. That’s the honorable thing to do . DO NOT MISLEAD YOUR READERS PLEASE !

  9. Lets say I want to receive payments for local cards only (Master card, Visa and Verve) using GTPay.Will I be required to pay the 75,000 NGN setup fee?

  10. UBA Ucollect seems great to use but setting up may be a hassle. Ediaro, can you provide links to resources on how UBA can be successfully setup to make or receive payment on merchant’s website? Since UBA has failed to provide a robust integration guide, what they have is incomplete and inconclusive, especially setting up transaction status response. I have to use other means to have that setup.
    I think it will be good if they have a complete guide, or provide links to that effect.

    Please if you do, let us know or mail such to me.

    • We have forwarded your email to relevant stakeholder in UBA for possible review.

      Meanwhile, what kind of resource did you need? It is worth noting that the platforms you are integrating to varies, hence you will have variance in process flow.

      Following the MOU we signed with United Bank for Africa (UBA), team can help you with free integration if it’s a simple integration. But we charge a token for complex integrations, contact us via or 08095029999 with more details about your website you intend integrating and how to move forward.

      The return URL are set by the bank from their end, hence you will have to email them to set the Success URL, Pending URL and Failure URL from their back end. But we concur that they should have allowed customer to set it individually just like other payment processors and aggregators.

    • Hello Uche,
      Yes, you can integrate Cashenvoy and Simplepay on your blog site.

      The integration process varies, depending on which platform of blog you are using and your programming knowledge. You can do it yourself of employ an developer (such as – or (+234) 080-9502-9999 to do it for you at a fee.

      We hope this answer your questions, don’t hesitate to get back to us if you need further clarification.

  11. Hi Ediaro,
    What can you say about etransact. Can you enlghten me a bit on them even thought they are not in your top 10. Thanks

  12. Hey, Ediaro team,

    Thanks for this list. I’ve been looking at Elotpay recently. They look so promising, but I haven’t tried them out. They can accept and process payments from anywhere in the world. If you have a site, you can accept international Visa, Discovery and Master Card in U.S Dollar. According to them, it takes 3 days to clear the payment internationally, and then 2 days to remit it to your local bank account.

    Can you take a look at their site: elotpay (dot) com and tell me what you think…

    • Hello Godwin,
      We know about them. People have contacted us about elotpay collecting money on their behalf but not paying them nor responding to their emails. To this end, we cannot feature such a suspiciously fraudulent site (especially to Non-Nigerians having their money hanging) on our review until proven otherwise.

      This same issue is conversant with Argonpay and Simplepay that have been featured on our website in the past review; they are still holding on to customers money till date without refunding nor chargeback.

  13. I am an infopreneur and i specialize on health, fitness and beauty. I have products (e-books) i want to sell on my website mainly to international clients. What help can you render to me on this issue. This has been a problem to me because i do not want to lose money to fraudulent payment processors.


  14. Hello. Please I would like to use any legit online payment platform for selling my eBook on my blog but I have a saving
    with GT bank n I would also like to sell the eBook in USD currency.
    Please can this be possible?
    Can I use a saving account to operate VoguePay on my blog?
    Please it is urgent n I wait earnestly for your reply.

    • Dear Joseph,
      Unfortunately, you cannot use your GTBank savings account to accept USD payments on your website.
      You need to have a Corporate Account and a USD corporate account to receive Voguepay USD payment (Please note that USD signup process is slightly different from conventional Naira process).

  15. hi Mr ediaro and i am an elec. technician. I have an intellectual products in E book format (PDF) i want to sell on my website to local and international clients.i am so interested in upay,cashenvoy,voguepay and 2checkout.what will it cost to integrate all 4 platform to my webpage
    And secondly i will like to know if ediaro web development offers service for E book design cover.thanks

  16. Please let me understand, to make any transactions a customer will have to view the UI of the payment gateways abi or can i provide my own UI such that at the click of a button the transaction is processed?…am new to this online payment thing, pardon me please.

    • Hello Chidiebere,
      Virtually all the payment gateways have a transaction log of transactions posted to it. Meanwhile, it’s advised that you have your transaction log on your site during the integration process.

  17. This review helped me pick the SimplePay Payment Gateway and whilst I haven’t experienced any problems with them, my readers want a payment system where they can use rechrage cards to make payment. Something like what Okadabooks does.

    The problem is the whole OTP stress from Interswitch. Is there a payment gatway not uding Interswitch or demanding OTP, please? Or at least, a way to receive payment on my via via recharge cards?

    Thank you

    • Hello Theodora,
      We have contacted etisalat on okadabooks etisalat recharge pin payment option. Unfortunately, etisalat replied that they are not aware of this service and even advise that we should not not enter our recharge PIN for any online transaction. Unfortunately, we don’t know any payment gateway that accept recharge card for payments.

      Meanwhile, the OTP is an option meant to minimize fraud – more like an extra layer of security. If you don’t want to use the OTP, you can consider the alternative payment gateway not using Interswitch to process payments, which is – UBA UCollect.

    • Dear Michael,
      Our integration fee for Simplepay & others depends on your filesystem and website codes – so we will need to review your website before we can advise you of our payment integration fee & timeframe for us to complete it. Please send us your website details to check and provide you adequate information.

      Simplepay Withdrawal Wire Transfer fee is N300.00 per transaction

      Simplepay charge 1.50% plus N10.00 per transaction processed with Nigerian banks Verve Card, Naira MasterCard. Meanwhile, Etranzact Card/Web and Visa (Vpay) card integration charge is 1.50% plus N0.00 per transaction.

  18. please can you help me with sites that accept gtpay international mastercard in Nigeria or any site accepting international card within the nation thanks.

    • Dear Emmanuel,
      Your question is not clear enough, is it that you want to receive local and international cards on your website? If yes, you can consider Stanbic IBTC Bluepay, GTBank GTPay, Zenith Globalpay among others.

  19. I will like to know if I can use Stripe services to accept International payments knowing that my business is in Nigeria.

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