Nigeria
Accelerate expansion into one of Africa's largest connected economies.
Global companies selling with EBANX in Rising Markets
EBANX solutions
↪in Nigeria
A diverse payment offering to reach the vastest internet economy in Africa.
Pay-In
A variety of payment methods with solutions that increase your total addressable market by providing the most relevant options for digital purchases and boosting your performance in cross-border sales with a reliable global settlement network.
Direct connection with local acquirers
Optimized balance between approval rates and chargebacks
Support and performance optimization on recurring payments
Unified reconciliation
Local risk and compliance management
Optimized money flow considering multi-currency sales
One single and easy integration to accelerate go-live or upgrades
Exclusive and innovative technology developed in-house
High Order Value
Reduce manual work and optimize your cost-efficiency by automatically processing invoices exceeding USD 10,000 in a secure, scalable way.
EBANX High Order Value is an end-to-end payment solution for high-value cross-border transactions in emerging markets.
International Funds Settlement
Sell to Nigerians in Nairas (NGN) while accepting the most popular local payment methods. Receive your funds in USD anywhere.
payment methods in Nigeria
Unlike other African countries, cards are widely used for online purchases in Nigeria. Attention, though, to a telecommunication system called USSD: Unstructured Supplementary Service Data. The technology works through cell phones and does not require an internet connection.
A pre-determined code allows locals to perform financial transactions, like checking their account balance, sending money, accessing value-added services, and recharging airtime.
Share of payment methods in Nigeria (2022)
Source: Statista, 2022.
Whitepaper
Payments in Nigeria
Fueling Nigeria's growth through the digital payments surge.
Payment methods available in Nigeria with EBANX
Bank Transfers
No
when a payment is made at intervalsNo
Yes
No
Local Credit Cards
No
when a payment is made at intervalsYes
Yes
No
Local Debit Cards
No
when a payment is made at intervalsYes
Yes
No
Ebanx Makes Cross-border Payments Easy So You Can Focus On Growth
Have a complete payment solution that helps your business cross borders and process international payments in Nigeria and many other countries in Africa and Latin America.
