Nigeria’s payment landscape is characterized by a dynamic mix of traditional and digital methods, reflecting the country’s diverse economic activity and growing adoption of technology. Cash is still the dominant payment method, particularly for smaller transactions and in-store purchases. However, the use of mobile money platforms like MTN Mobile Money and Airtel Money is rapidly increasing, fueled by a desire for greater convenience and accessibility. Contactless payments are becoming more common, particularly in urban areas, and the use of mobile wallets like Apple Pay and Google Pay is growing among younger generations. The country’s payment landscape is steadily evolving towards greater digitalization, driven by the government’s initiatives to promote financial inclusion and the increasing demand for secure and efficient payment solutions. Online banking and electronic transfers are also developing.
Estimated Population
206 million
Currency
Nigerian naira (NGN)
All supported payment methods for Nigeria:
Visa, Mastercard, American Express, JCB, UnionPay International, Discover, Diners Club, Apple Pay, Google Pay, PayPal, MaestroPopular payment methods
Mastercard
Credit/Debit Cards
Unlock a world of payment possibilities with Mastercard, a trusted global leader in secure and convenient transactions
American Express
Credit/Debit Cards
Elevate your business with American Express, a premium payment network that attracts discerning customers and drives higher-value transactions.
JCB
Credit/Debit Cards
JCB is a leading international payment network, offering a unique opportunity for businesses to reach a growing customer base, especially in Asia-Pacific.
UnionPay International
Credit/Debit Cards
UnionPay is the world’s largest payment network, offering businesses the opportunity to tap into the vast Chinese market and beyond.
Discover
Credit/Debit Cards
Discover is a leading payment network that offers a unique combination of security, rewards, and customer service, making it an attractive option for businesses.
Diners Club
Credit/Debit Cards
Diners Club is a global payment network renowned for its premium services and exclusive benefits, offering businesses access to a discerning clientele.
Apple Pay
Wallets
Apple Pay offers businesses a convenient and secure way to accept payments from iPhone, Apple Watch, and Mac users, enhancing the customer experience and boosting sales.
Google Pay
Wallets
Google Pay empowers businesses to offer a fast, secure, and convenient mobile payment experience, attracting a wide range of customers.
