Compare fees, settlement times and features across Paystack, Flutterwave, Moniepoint, Interswitch and OPay to choose the right payment gateway for your Nigerian business.
Choosing a payment gateway directly affects your margins and cash flow. This dataset puts the numbers side by side: Paystack charges 1.5% + ₦100 on local transactions, Flutterwave 1.4%, while Moniepoint and Interswitch offer custom pricing. Settlement times range from instant (Moniepoint, OPay) to 48 hours (Interswitch WebPay) — a real difference if your business depends on daily cash flow.
A detailed feature comparison of Paystack and Flutterwave (2026) helps you match a provider to your needs: Paystack is positioned for local Naira transactions and SMEs (now backed by Stripe), while Flutterwave focuses on pan-African and multi-currency payments with broader international payout options. Both support cards, bank transfer, USSD, QR, mobile money and eNaira, and both are PCI DSS Level 1 and CBN compliant.
Market indicators add context for expansion and investment decisions, including the 57% unbanked population in Sub-Saharan Africa, the roughly 10% share of African transactions that are digital, and a Moniepoint case study covering 27,000+ nightlife venues on its payment rails. All figures are traceable to named sources with publication dates and URLs.
Accounts
For single users
For single users
For teams of up to 99 users
Keep exploring
Nigerian mobile network coverage, home internet access, telecom affordability, and global mobile money benchmarks — compiled from ITU and GSMA sources.
Included in plans
View datasetState-by-state GDP growth, personal income, and consumer spending from the official BEA release, plus the methodology behind the numbers. See where the economy is expanding.
Included in plans
View dataset
