Top tips to find payment gateways in Nigeria
It is very easy to create an online product business and sell directly to your customers. However, the problem with this mode of operation is getting paid can be a nightmare as the payment gateways in Nigeria are not as advanced as these are in developed countries.
A lot of businesses are still stuck with the idea that merchants and credit cards are the only way to get paid online. There are a number of ways you can get paid for your products and services. Here, you will get to know several payment gateways available in Nigeria, as well as how they work, their pros, cons and costs involved.
Factors to consider while choosing an online payment method in Nigeria:
There are over a hundred payment gateways in Nigeria, with more opening every day. But this is really not an advantage to SME’s looking to accept online payments. For your business to be successful, you need a payment gateway that is user-friendly and you can trust to process your transactions securely. Other important things that you need to consider for your business include:
- Transaction Processing Speed
- Transaction costs (and if it’s free)
- Types of Payment accepted
- Customer Support
- Security of Payment information
- Number of Payment options
Payment platforms in Nigeria or methods are always the most important factor of any business especially in the internet world because no customer will do business with you if he/she is not assured of his money when they send their money. Some payment methods are trusted while others are not.
A good online payment method should be one that is fast, secure, and has a low transaction fee. You can choose from these popular online payment methods for your business:
- PayPal
- Google Wallet
- Payoneer
- Skrill
- Payza.com
- Neteller (Net+ card)
- Solidtrustpay
Why you should be conscious about choosing a reliable payment method?
Online payments have become the norm in today’s world and Nigeria is not far behind. Every day, more people are using online payments to do their shopping. There has been a lot of discussion about the various payment methods and which is the best for your business. You will get here all the facts about the online payment gateways in Nigeria.
The above-mentioned online payment platforms in Nigeria are trusted ones that thousands of people living in the country use every day for their businesses and personal matters. These private companies are becoming emerging powers for online payments because of their smooth, efficient and timely payment system.
