Accept Bank Transfers, USSD and Digital Payments in Nigeria
Give Nigerian customers the ways they actually pay—instant bank transfer, USSD, NQR, Paga and eNaira—through Payment Links, online Checkout, invoices or the KeyBS Pay API.
Built for verified businesses collecting customer payments in Nigeria.
How can a business accept payments in Nigeria?
A verified business can use KeyBS Pay Africa Collections to accept customer payments in Nigeria through bank transfer, USSD, NQR, Paga and eNaira. Businesses collect through Payment Links, online Checkout, invoices or API integration, subject to eligibility.
Payment overview
How Customers Pay in Nigeria
Nigeria runs on instant bank transfers. Since the acceleration of account-to-account payments, customers expect to pay by transfer, USSD code or QR in seconds—often preferring it to cards. For Lagos e-commerce operators, distributors and technology companies, transfer-first checkout is now essential.
KeyBS Pay Africa Collections lets verified Nigerian businesses present bank transfer, USSD, NQR, Paga and eNaira options with a clear payment reference, and reconcile every collection from one dashboard.
Customer payment behaviour
Nigerian customers expect to pay by instant transfer or a short USSD string, and increasingly scan NQR codes. Payment references matter for fast reconciliation; cards are a smaller share of everyday local payments.
Available methods
Verified Payment Methods in Nigeria
These are the customer-facing payment methods currently offered for Nigeria collections. Availability depends on the payer and eligibility.
Pay with Bank Account
Bank TransferBank Transfer
Bank TransferUSSD
USSD & QRNQR (NIBSS QR)
USSD & QRPaga
Digital WalleteNaira
Digital WalletAvailability, limits and settlement depend on the payer’s bank, your business category and compliance eligibility. Currency and live routes are confirmed during onboarding.
Pictorial demonstration
See How a Nigeria Payment Is Completed
Follow a customer paying with Pay with Bank Account — from request to a confirmed collection in your dashboard.
- 1
Business creates a payment request
Amount NGN 845,000 · Nigeria
- 2
Customer opens the Payment Link
Customer selects Bank Transfer
- 3
Customer authorises the payment
Pay with reference KB-7841
- 4
Status updates in the dashboard
NG••••7841 · Successful
Pending
Illustrative · demo data
Built for local business
Made for How Nigeria Businesses Get Paid
Lagos E-Commerce
Convert more checkouts by leading with instant bank transfer and USSD instead of cards.
Import & Distribution
Collect trade deposits and balances by transfer with references your finance team can reconcile.
Technology & SaaS
Accept recurring and one-off business payments through the API and hosted Checkout.
Logistics & Procurement
Take delivery, freight and procurement payments through Payment Links and invoices.
Professional Services
Send invoices with an embedded pay-by-transfer option and get settled faster.
Ways to collect
Collect Nigeria Payments Through Every Channel
Online Checkout
Checkout · Nigeria
Invoice Payments
API Collections
POST /v1/collections
{ "amount": 845000, "ccy": "NGN",
"country": "nigeria" }
200 OK · webhook: succeeded
Your dashboard
Track Nigeria Collections in One Place
6
Methods
4
Channels
NGN
Currency
Recent collections
NG••••7841
Bank Transfer
NGN 845,000
Successful
NG••••3190
USSD
NGN 62,500
Processing
NG••••6624
NQR (NIBSS QR)
NGN 128,000
Successful
NG••••1507
Paga
NGN 35,900
Pending
Illustrative · demo data
Illustrative payment-method mix · Nigeria
Illustrative · demo data. Currency and payment-method availability is subject to eligibility and live route confirmation.
One ecosystem
Connect Nigeria Collections with Your Wider Payments
Subject to settlement, eligibility and applicable controls, businesses can connect available balances with supported KeyBS Pay services.
Questions
Nigeria Payment FAQs
How can businesses accept payments in Nigeria?
A verified business can use KeyBS Pay Africa Collections to accept customer payments in Nigeria through bank transfer, USSD, NQR, Paga and eNaira. Businesses collect through Payment Links, online Checkout, invoices or API integration, subject to eligibility.
Which payment methods are supported in Nigeria?
KeyBS Pay Africa Collections supports Pay with Bank Account, Bank Transfer, USSD, NQR (NIBSS QR), Paga and eNaira in Nigeria for eligible businesses. Availability depends on the payer, your business category and compliance eligibility.
Can businesses accept mobile money in Nigeria?
In Nigeria, KeyBS Pay Africa Collections focuses on Pay with Bank Account, Bank Transfer, USSD, NQR (NIBSS QR), Paga and eNaira rather than mobile money. Method availability varies by market.
Can customers pay through bank transfer or EFT in Nigeria?
Yes. Nigeria customers can pay through supported Pay with Bank Account, Bank Transfer, subject to eligibility.
Can businesses create Payment Links in Nigeria?
Yes. Verified Nigerian businesses can create Payment Links and share them by WhatsApp, email, SMS or social media so customers pay with Pay with Bank Account or another supported method.
Is online Checkout available in Nigeria?
Yes. Eligible Nigerian businesses can add KeyBS Pay Checkout to a website or app to present supported Nigeria payment methods to customers.
Is API integration available in Nigeria?
Yes. Eligible businesses can integrate supported Nigeria collection methods into their platform through the KeyBS Pay API.
What businesses can use KeyBS Pay Africa Collections in Nigeria?
The service is designed for verified businesses in Nigeria — for example Lagos online retailers, import-distribution businesses, fintech and SaaS platforms, freight and procurement firms, and professional-services agencies. Individuals are not eligible.
What verification is required to collect payments in Nigeria?
Business verification (KYB) must be completed before collection services are activated. Requirements depend on your business type and activity.
Are all payment methods available to every business in Nigeria?
No. Availability depends on the payer’s network or bank, currency, device, transaction amount, business activity and compliance eligibility.
Can businesses track collections in Nigeria?
Yes. Businesses monitor payment references, transaction details and statuses for Nigeria collections through the KeyBS Pay dashboard.
How does a business get started in Nigeria?
Create a KeyBS Pay business account or speak with the team to confirm the Nigeria payment methods, eligibility and any live route requirements for your business.
More markets
Explore Africa Collections in Other Markets
Start Accepting Payments in Nigeria
Talk to our team about accepting customer payments across Nigeria.
KeyBS Pay Africa Collections is designed for verified businesses.
Payment-method availability depends on the payer’s country, currency, device, transaction amount, business category and compliance eligibility. Services are provided through KeyBS Pay and its regulated payment partners.
KeyBS Pay is the public-facing brand of KeyBS Finance LLC (Missoula, Montana, USA), the primary legal entity. Services are provided through KeyBS Pay and its regulated payment partners.
West Africa · Last reviewed: September 2026