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Nigeria

Nigerian Naira (NGN)

As part of Nigeria’s efforts to increase financial access across the population, banks are expanding their payment infrastructures to include low-cost account options. This includes introducing more options for digital-only banks, as well as other electronic payment systems

Nigeria flag

Population

213,401,323

Banked Population:

45.32%

Group 427321246

Main industries

Petroleum, Tourism, and Agriculture

Group 427321247

Main imports

Refined Petroleum, Cars, Wheat,
Packaged Medicaments, and Telephones

Group 427321248

Main exports

Crude & Refined Petroleum, Petroleum Gas,
Scrap Vessels, and Special Purpose Ships

GDP stats

$2,065.7

Per capita (USD)

3.6%

Growth annually

30

World ranking

Internet usage

36%

Smartphone usage

49%

Credit/debit card usage

32%

Population transacting electronically

30%

Group 427321245 1

Total volume of digital payments projected to reach

$14.25B (USD)

Stanbic IBTC Bank

Ussd

Sterling Bank Nigeria

Ussd

Union Bank of Nigeria Plc

Ussd

United Bank for Africa

Ussd

Unity Bank

Ussd

VFD MicroFinance Bank

Ussd

Wema Bank

Ussd

Zenith Bank

Ussd

Access Bank

Ussd

First City Monument Bank

Ussd

Fidelity Bank

Ussd

First Bank

Ussd

Heritage Bank

Ussd

Keystone Bank

Ussd

EcoBank Nigeria Plc

Ussd

Guaranty Trust Bank

Ussd

NQR Nigeria

eWallet

Online Naira

eWallet

Paga Wallet

eWallet

PayAttitude

eWallet

P2C

Rubies MFB

Payout

Astrapolis MFB

Payout

Brent Mortgage Bank

Payout

Boctrust Microfinance Bank

Payout

Bowen Microfinance Bank

Payout

Diamond Bank Plc

Payout

Ecobank Xpress Account

Payout

FIRSTMONIE WALLET

Payout

Hope PSB

Payout

Kegow

Payout

MOMO Payment Service Bank

Payout

Allworkers MFB

Payout

Abbey Mortgage Bank Nigeria

Payout

Alphakapital MFB

Payout

AssetMatrix MFB

Payout

AB Microfinance Bank

Payout

Access Money

Payout

Access Y'ello & Beta

Payout

Apeks Microfinance Bank

Payout

Unity Bank

Payout

VFD MicroFinance Bank

Payout

VTNetworks

Payout

Wema Bank

Payout

Wetland MFB

Payout

Zenith Bank

Payout

Zenith Mobile

Payout

PAYOUT

Union Bank of Nigeria Plc

Payout

U Mo

Payout

United Bank for Africa

Payout

Highstreet Microfinance Bank

Payout

Mainstreet Bank

Payout

Standard Chartered Bank Nigeria Limited

Payout

Stanbic IBTC Mobile

Payout

Citi Bank Nigeria

Payout

SafeTrust

Payout

Innovectives Kesh

Payout

EcoBank Nigeria Plc

Payout

Safetrust Mortgage Bank Limited

Payout

Intellifin

Payout

Guaranty Trust Bank

Payout

Sparkle Nigeria bank

Payout

Jaiz Bank

Payout

NIP Virtual Bank

Payout

Stanbic IBTC Bank

Payout

JubileeLife

Payout

NPF MicroFinance Bank

Payout

Stanbic IBTC Virtual Banking

Payout

Zinternet KongaPay

Payout

One Finance

Payout

Sterling Bank Nigeria

Payout

Kuda MFB

Payout

Paga Wallet

Payout

Sterling Mobile

Payout

Kudimoney MF Bank

Payout

Palmpay

Payout

Suntrust Bank

Payout

Keystone Bank

Payout

Parralex

Payout

Trustbond

Payout

Lotus Bank

Payout

Parkway

Payout

TagPay

Payout

MoneyBox

Payout

Parkway ReadyCash

Payout

TeasyMobile

Payout

GoMoney

Payout

Fairmoney Microfinance Bank Ltd

Payout

Polaris bank

Payout

Titan Trust Bank

Payout

GTMobile (Guaranty Trust Bank)

Payout

Mkudi

Payout

PayAttitude

Payout

Hedonmark

Payout

Monetize

Payout

Providus Bank

Payout

Heritage Bank

Payout

Moniepoint Microfinance Bank

Payout

Paycom

Payout

ASOSavings and Loan

Payout

Fidelity Bank

Payout

Carbon bank Nigeria

Payout

Fidelity Mobile

Payout

Cellulant

Payout

Fet

Payout

ChamsMobile

Payout

First Inland Bank

Payout

Contec Global

Payout

FINCA MICROFINANCE

Payout

Corporetti

Payout

Fortis Microfinance Bank

Payout

CoralPay

Payout

FSDH

Payout

Al barakah MFB

Payout

Coronation

Payout

First Bank

Payout

Access Bank

Payout

Covenant

Payout

FortisMobile

Payout

AccessMobile

Payout

Eartholeum

Payout

FINATRUST MICROFINANCE BANK

Payout

Accion MFB

Payout

Ecobank Mobile

Payout

FINATRUST MICROFINANCE MOBILE

Payout

Advans La Fayette

Payout

Enterprise Bank

Payout

Globus Bank

Payout

Addosser MFB

Payout

eTranzact

Payout

AG Mortgage Bank PLC

Payout

FBN Mobile

Payout

Amju MFB

Payout

First City Monument Bank

Payout

AMML MFB

Payout

FCMB Easy Account

Payout

Payment Methods in Nigeria

All
  • All Methods
  • Payout
  • USSD
  • eWallet
  • P2C

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