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Nigeria

Accept Payments in Nigeria with Local Methods & Stablecoins

One integration to accept eWallets, bank transfers, cards, and stablecoins all in one place. Send and receive money your way, with the flexibility to choose what works best.

MARKET OVERVIEW

Nigeria is a massive, fast-growing digital economy

Nigeria is Africa's largest fintech market, with bank transfers and mobile money driving financial inclusion

225M

Population

Most populous country in Africa

$12B

E-commerce volume

Annual GMV in 2025

103M

Internet users

46% internet penetration rate

60M

Online shoppers

Growing 20% YoY

PAYMENT INSIGHTS

What are payment method trends in

Nigeria

PAYMENT METHODS

Discover variety of payment options in Nigeria

Bank Transfer

Move money directly from bank to bank

Bank TransferOPayPalmPayZenith Bank PLC

Wallets

Money that lives in the app

Coming Soon

QR

One scan, any bank, any wallet

Coming Soon

Mobile Money

Financial access through mobile networks

Coming Soon

Cash Payment

Pay in stores with an online voucher

Coming Soon
Industries We Serve

Remittance & Payroll

Seamless global payouts and payroll with fast settlements, multi-currency support, and full compliance.

Remittances

Send money home with local settlement, transparent fees, and no banking delays.

Learn more

Payroll

Run global payroll with multi-currency support, local banking, and compliance coverage.

Learn more
GLOBAL COVERAGE

Expanding your business in other markets

AllAsia PacificEuropeLatin AmericaNorth AmericaAfricaMiddle East & North AfricaGlobal
TESTIMONIALS

What Businesses Say About Us

TransFi has completely simplified how we move funds across borders. The speed, transparency, and reliability are unmatched - it feels like the future of global payments is already here.

FAQS

Frequently Asked Questions

What is Nigerian naira (NGN)?

Nigerian naira (NGN) is the official currency used in Nigeria. It is commonly used for domestic payments, business transactions, and cross-border transfers.

How can businesses send money in Nigerian naira with TransFi?

Businesses can send NGN through TransFi using local payment methods, bank transfers, or stablecoin-powered settlement, ensuring faster payouts and predictable delivery.

How can businesses receive Nigerian naira payments?

Businesses can collect NGN using local payment methods preferred by customers in Nigeria, improving success rates and customer trust.

How fast are Nigerian naira transactions processed?

Transaction speed depends on the payment method used, but TransFi enables faster settlement through local rails and stablecoin infrastructure, often within minutes.

What payment methods are available for Nigerian naira?

TransFi supports a range of payment methods for NGN, including bank transfers, wallets, real-time payment systems, and other local options based on the market.

Is it safe to transact in Nigerian naira with TransFi?

Yes. TransFi follows global compliance standards, including KYC/KYB, transaction monitoring, and secure infrastructure to ensure safe and reliable payments.

Does TransFi support currency conversion to and from Nigerian naira?

Yes. Businesses can convert NGN to other currencies or stablecoins with transparent pricing and predictable settlement timelines.

Start accepting payments globally today

Receive & send funds worldwide with ease and transparency across 100+ countries and 40+ currencies.

TransFi logoGlobal Payments. Delivered Locally — Send, receive, and convert funds across 100+ countries.
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