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Licensed Payments Service Providers

Introduction | Retails Payments | Modes | Large Value Payments | PSV2020 | PSV2025 | Oversight | Payments Service Providers | BVN | Circulars | Guidelines | e-Payment Statistics | International Money Transfer Operators


1. 3Line Card Management Limited
2. Afrigo Financial Services Limited
3. American Express International
4. Mastercard International
5. Payattitude
6. Unionpay International
7. Verve International
8. Visa International Service Association


1.  Abeg Technologies Limited
2.  Chams Mobile
 3.  eTranzact International Limited
4.  Fortis Mobile Money Limited
5.  Funds And Electronic Transfer (FETS) Limited
6. Hedonmark Management Services Limited
7. KongaPay Technologies Limited (Formerly Zinternet Limited )
8. Mkudi Limited
9. NowNow Digital Systems Limited (Formerly Contec Global Infotech Limited)
10. Opay Digital Services Limited (Formerly Paycom Nigeria Limited)
11. Pagatech Limited
12 PalmPay Limited
13. Parkway Projects Limited.
14. Teasy International Company Ltd.
15. Visual ICT Limited
16. VTNetwork Limited
17. Xpress MTS Limited


1. Arca Payments Company Limited
2. Chamswitch Limited
3. Coralpay Technology Nigeria Limited
4. eTranzact International Limited
5. Flutterwave Technology Solutions Limited
6. Habaripay Limited
7. Hydrogen Payment Services Limited
8. Interswitch Limited
9. Network International
10. Paystack Payment Limited
11. Remita Payment Service Limited
12. Say Switch Limited
13. Teamapt Limited
14. Terra Switching & Processing Company Limited
15. Unified Payment Services Limited
16. Xpress Payments Solution Limited
17. Zone Payment Network Limited (Formerly Appzone Limited)



1. Afara Partners Limited
2. Angala Financial Technologies Limited
3. Appmart Integrated Limited
4. Bestaff Payment Solutions Limited
5. Betastack Technology Limited
6. Bud Infrastructure Limited
7. Callphone Limited
8. Capricorn Digital Limited
9. CBI Technologies Ltd
10. Cellulant Nigeria Limited
11. Centric Gateway Limited
12. Ceviant Payments Nigeria Limited
13. Clane Company Nig. Ltd.
14. Cyberspace Limited
15. Demerge Nigeria Limited
16. Dot Financial Inclusion Technologies Limited
17. Easypay International Limited
18. Egole Pay Limited
19. Ercas Integrated Solutions Limited
20. E-Settlement Limited
21. Eyowo Integrated Payments Limited
22. Fincra Technologies Limited
23. Fountain Payment Systems Solution
24. Gemspay Limited
25. Global Accelerex Limited
26. Gpay Instant Solution Limited
27. GTP Client Services Limited
28. Hellopay Africa Integrated Service Ltd.
29 ICAD Concord Limited
30 Infiniti Segments Limited
31. Irecharge Technology Innovations Limited
32. Irofit Technologies LimitedD
33. Itex Integrated Services Limited
34. Katsu Network Limited
35. Konetpay Nigeria Limited
36. Kora Payments
37. Leadremit Limited
38. Moneta Technology Ltd
39. Montra Technology Solutions Limited (Formerly Artha Fintech Limited)
40. Multigate Payment Limited
41. Netapps Technologies Limited
42. Netplusdotcom Nigeria Limited
43. Nomba Financial Services Limited (Formerly Cosmic Intelligence Lab Limited)
44. One Payment Limited
45. Onepipe.Io Services Ltd
46. Payfixy Nigeria Limited (Formerly Innovate 1 Pay Limited)
47. Paylode Services Limited
48. Paysure Technologies Limited
49. Payu Payments Nigeria Limited
50. Pethahiah Rehoboth International Limited
51. Prophius Limited
52. Qrios Networks Limited
53. Redtech Limited
54. Resident Fintech Limited
55. Rexel Limited
56. Routepay Fintech Limited
57. Saanapay Corporate Investments Management Limited (SAANACORP)
58. Shago Payments Ltd
.59 Simplify International Synergy Limited
60. Smile Identity Nigeria Limited
61. Soft Alliance & Resources Limited
62. Spay Business Solutions Limited
63. Spout Payment Solutions
64. Swift Link-NZ Global Services Ltd.
65. SWWIPE Financial Services Limited (Formerly Parkway Projects Limited)
66. Teinnovate Capital Limited
67. Unlimint Nigeria Ltd
68. Upperlink Limited
69. Vas2net Technologies Ltd
70. Venture Garden Nigeria Limited
71. Vestrapay Nigeria Limited
72. Voguepay Web Solution Limited
73. Waxed Mobile Nigeria Ltd
74. Waya Multilinks Technologies Limited
75. Woven Finance Limited
76. Zest Payments Limited (Stanbic Financial Services Limited)


1. 3Line Card Management Limited
2. Appmart Integrated Limited
3. Bestaff Payment Solutions Limited
4. Betastack Technology Limited
5. Capricorn Digital Limited
6. CBI Technologies Ltd
7. Clane Company Nig. Ltd.
8. Dot Financial Inclusion Technologies Limited
9. Egole Pay Limited
10. Fidesic Nigeria Limited
11. Nomba Financial Services Limited (Formerly Cosmic Intelligence Lab Limited)
12. Onecard Topup Services Limited
13. Reedpriceman Technologies Limited
14. Shago Payments Ltd
15. Spout Payment Solutions
16. Swift Link-NZ Global Services Ltd
17. Waxed Mobile Nigeria Ltd
18. Netplusdotcom Nigeria Ltd
19. Wi-Pay
20. Bizzdesk Global Solutions Limited
21. Citiserve Limited
22. Computer Warehouse Group
23. Etop Nigeria Limited
24. Fidesic Nigeria Limited
25. Global Accelerex Limited
26. Intellifin Solution Limited
27. Netop Business Systems Limited
28. Soti Investments Limited
29. Prophius Limited
30. C24 Limited
31. Callphone Limited
32. Cyberspace Limited
33. Karrabo Financial Solutions Limited
34. Katsu Network Limited
35. 3Gee Pay Limited
36. Konetpay Nigeria Limited
37. Itex Integrated Services Limited
38. Funds and Electronic Transfer (FETs) Limited


1. 3Line Card Management
2. 5554 Technologies Limited
3. Accelerex Networks Limited
4. Africa Mama Atm Limited
5. Africave Technologies Limited
6. Airtel Mobile Commerce Nigeria Limited (Airtel)
7. Allstream Information Technology Solutions Limited
8. Angala Financial Technologies Limited
9. Appmart Integrated Limited
10. ATN Wayya Limited
11. Bestaff Payment Solutions Limited
12. Betastack Technology Limited
13. C24 Limited
14. Callphone Limited
15. Capricorn Digital Limited
16. CBI Technologies Ltd
17. Cicoserve Payments Limited
18. Citiserve Limited
19. Clane Company Nig. Ltd.
20. Connectpoint Technology Solutions Limited.
21. Crowd Force Limited (Formerly Mobile Forms Limited).
22. Dot Financial Inclusion Technologies Limited.
23. Egole Pay Limited.
24. Errand P Limited.
25. E-Settlement Limited.
26. Fountain Payment Systems Solution.
27. Fucil Datatech Limited.
28. Gwills Payments Service Limited.
29. Infibranches Technology Limited.
30. Innovectives Limited.
31. Interswitch Financial Inclusion Services Limited.
32. Irofit Technologies Limited.
33. Itex Integrated Services Limited.
34. Kadick Integrated Limited.
35. Katsu Network Limited
36. Lukeport Nigeria Limited.
37. Microsystems Investment And Development Limited.
38. Moneymaster Limited.
39. Nigerian Postal Service (NIPOST) .
40. Nomba Financial Services Limited (Formerly Cosmic Intelligence Lab Limited)
41. Paycluster Technology Limited.
42. Paygo Limited.
43. Shago Payments Ltd.
44. Spout Payment Solutions.
45. Swift Link-Nz Global Services Ltd..
46. Traction Payments Ltd..
47. Vatebra Pay Limited..
48. Waxed Mobile Nigeria Ltd.
49. Xchange Box Solutions Limited
50. Y'ello Digital Financial Services..

E.Payments Service Holding Category

1. Interswitch PSHC Nigeria Limited

Clearing House

Following the implementation of Cheque Truncation, there is only one (1) Clearing House in Nigeria (i.e. Nigeria Inter-Bank Clearing and Settlement System).

Framework, Policies, Guidelines and Circulars

These are various regulations and rules put in place by the Central Bank of Nigeria in collaboration with the key Stakeholders in the industry. Some of these are as listed below:
  1. Agent Banking Framework
  2. Regulatory Framework for Mobile Payment Services in Nigeria
  3. PoS Guidelines
  4. Switching/Stored Value Guidelines Standard
  5. Standard and Guidelines on ATM Operations in Nigeria
  6. Non Compliance with CBN Circular on ATM Deployment
  7. Cash Withdrawals and Lodgments
  8. Operational Rules and Regulations for the Nigeria Central Switch (NCS)
  9. Guidelines for Handling Complaints on Electronic Card Transactions
  10. Penalty for non-compliance with CBN Circulars and Guidelines on ATM Operations
  11. Guidelines on Stored Value/Prepaid Card Issuance Operations
  12. Guidelines on Direct Debit
  13. Circular on the Need to Combat Card Fraud
  14. Guidelines on Cheque Truncation
  15. Guidelines on e-Payments of Salaries/Pensions
  16. Standards for Electronic Payments to Government Suppliers
  17. Guidelines on Nigeria Direct Debit Scheme
  18. Nigerian Uniform Bank Account Number Standards (N.U.B.A.N)
  19. Electronic Payment for MDAs with Accounts with the CBN
  20. Circular to DMBs IRO Clearing of Financial Instruments of Liq/Legacy Banks
  21. Accreditation and Re-Accreditation of Cheque Printers
  22. Penalty for non-compliance with CBN Circulars and Guidelines on ATM Operations, etc.




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As at April 16, 2024
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