Check Out The Top 5 Online payment gateway in 2021

Check Out The Top 5 Online payment gateway in 2021

ONLINE PAYMENT: Because of the rise of online transactions in Nigeria, the traditional method of making payments through a bank teller has declined significantly. Consumers in Nigeria have increasingly turned to online payment methods rather than traditional payment methods over time.

As a merchant, you can select from a variety of payment gateways. With so many options, we thought we’d share the Top 5 Online Payment Gateway in 2021 that you should think about for your online business.

Choosing an online payment gateway in Nigeria can be difficult, but popular online payment gateways can be used in Nigeria. Before you decide which online gateway to use, you should understand the solution each one offers, the pricing, and the payment method. Is it better to be local or international? Is it secure and safe? You can also go online and read people’s reviews about each payment gateway.

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The following is a list of the top 5 online payment gateways in 2021.


PAYSTACK is a popular online payment gateway to use in 2021. This popular payment gateway enables Marchant to easily accept credit and debit card payments from their customers online. PAYSTACK provides everything you need for payment, whether you are a small or large business, and it is simple, secure, and affordable. PAYSTACK uses payment pages to run online campaigns for your business without requiring you to write code, with the option of running your subscription business.


Setup costs nothing.

1.5% + #100 for local cards

International cards: 3.9 percent + #100 (a fee of #100 is waived for transactions under $2500).


In Africa, the flutter wave simplifies payment processing for banks and businesses. It allows you to accept payments both locally and globally with no hassles and no setup fees. This payment method makes online payment gateways simple, safe, and secure. So, if you intend to collect payments in multiple currencies, flutterwave should be the online payment gateway to consider in 2021. To implement rave, you will need a corporate bank account or a company registration document.

Flutterwave enables website owners to accept debit or credit card payments from customers in over 155 countries. Mastercard, Visa, and Verve are all accepted.


Local payment options include Mastercard, Visa, and Verve, as well as bank USSD. The processing fee is 1.4 per cent.

International payments are subject to a 3.5 percent processing fee.


Voguepay does not require any setup fees. With vogue pay, a website owner can receive payment for their business (goods and services). It enables anyone to collect and receive payments from anywhere in the world. As a vogue pay user, you can enable the auto-withdrawal feature on your account. It also includes free plugins for the majority of the most popular website builders for easy integration. Their services include everything from internet banking to mobile payments, wallet transfers, Bitcoin payments, and so on.


  • Setup fee : #1500 (with corporate affairs commission issued identity card)
  • Verve card / Naira mastercard : 2.5%
  • Visa integration : 2.5%
  • International payment : 4.5% (no gateway applicable).
  • Withdraw fund : 1% + #120


GTPay is a product of GTBank in Nigeria, one of the country’s top banks that provides a one-of-a-kind solution to Nigerians.

GTPay is a secure and safe internet payment gateway for online payments. It accepts both domestic and international credit cards, such as Interswitch, MasterCard, and VISA. It is Nigeria’s most secure online payment gateway for eCommerce websites.


  • Setup fee: N75,000
  • MasterCard/Visa (local) : 1.5% of transaction amount (subject to a maximum of N2,000)
  • Interswitch Verve (local) : 1.5% of transaction amount (subject to a maximum of N2,000
  • MasterCard/Visa (International) : 3% of transaction amount; no cap

  • International Gateway Monthly Charge : N5,000

Interswitch Webpay 

Interswitch Webpay is a payment gateway focused on Africa that integrates directly into your website and allows funds to be paid into your account.

cardholders can pay a web merchant online using Interswitch WebPay or Webpaydirect.


The setup fee is N150,000.

  • Setup fee: N150,000
  • There is a one-time integration fee of N150,000 and for every subsequent successful transaction, a fee of 1.5% of the value of the transaction subject to a cap of N2,000 is charged. (i.e. for transactions below N133,333, a fee of 1.5% applies), and N2,000 flat fee (for transactions above N133,333).


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