Who can process payments in Nigeria?
19 entities are on the official Central Bank of Nigeria register under the Nigeria licence categories this dataset maps to payment processing ("Payment Solution Service Provider (PSSP) Authorisation" and "Switching & Processing Licence Category"). The full, source-linked list is below.
Maintained: this official source is re-checked on a weekly schedule — last checked 2026-08-04 · unchanged since the previous check.
“Payment processing” here is the normalized activity: Provide payment processing / payment solution services without holding customer funds. Providers in this category cannot keep customers' money.
Activity id (as used by the Afriset MCP): fintech:PAYMENT_PROCESSING
Payment Solution Service Provider (PSSP) Authorisation
Central Bank of Nigeria · 0 entities · source not datedSource: Central Bank of Nigeria
Switching & Processing Licence Category
Central Bank of Nigeria · 19 entities · source not dated- Arca Payments Company Limited
- Belema Financial Technology Limited
- Chamswitch Limited
- Coralpay Technology Nigeria Limited
- eTranzact International Limited
- Flutterwave Technology Solutions Limited
- Habaripay Limited
- Hydrogen Payment Services Limited
- INTERSWITCH LIMITED
- Network International
- Paystack Payment Limited
- Remita Payment Service Limited
- Say Switch Limited
- Teamapt Limited
- Terra Switching & Processing Company Limited
- Unified Payment Services Limited
- Uniswitch Technology Limited
- Xpress Payments Solution Limited
- Zone Payment Network Limited
Source: Central Bank of Nigeria
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