More payment methods

Verve

Enabling Secure and Versatile Payment Solutions in Nigeria

Verve is a prominent payment solution in Nigeria that provides users with a comprehensive range of electronic payment options. Developed by Interswitch, Verve offers a variety of payment methods, including debit cards, prepaid cards, and digital wallets, to facilitate secure and convenient transactions.

Documentation
% of coverage
  • Country

    Nigeria

  • Population

    206 million (as of 2023)

  • Number of Cardholders

    Over 60 million

  • Popular payment methods

    Verve cards, cash, mobile money

% of coverage
  • Verve

    40%

  • MasterCard

    25%

  • Visa

    25%

  • Mobile Money

    10%

Payment Method Overview
  • Type:Payment Solution (Debit Cards, Prepaid Cards, Digital Wallets)
  • Currency:Nigerian Naira (NGN)
  • Refunds: Subject to the refund policies of partnering financial institutions and merchants
  • Chargebacks:Possible through collaborating banks and financial institutions, subject to terms and conditions

About payment system

Verve offers users a versatile suite of payment solutions to meet a variety of needs. Verve debit cards, prepaid cards, and digital wallets are widely accepted across Nigeria, allowing users to make payments both online and at brick-and-mortar establishments.

In addition to facilitating core payment functions, Verve empowers users to perform various transactions, including bill payments, online shopping, and ATM withdrawals. The platform’s multifaceted approach positions Verve as an integrated solution for both personal and business financial needs.

Verve’s significance lies in its role in promoting electronic payments and financial digitization in Nigeria. By providing users with secure and convenient payment methods, Verve contributes to reducing reliance on cash transactions and enhancing overall financial efficiency.

The platform’s commitment to security, user experience, and innovation is evident in its secure authentication methods, encryption protocols, and seamless integration with merchants and financial institutions. As Verve continues to evolve and expand its services, it plays a crucial role in shaping Nigeria’s payment landscape, offering users enhanced convenience, financial empowerment, and seamless access to a variety of payment methods.

Read all
Payment flow

The customer selects Visa as their payment option and enters their credit card details to complete the payment.

Payment methods that also might be interesting

MTN Money

MTN Money

Mobile money

MTN Money is a pioneering mobile payment and financial service.

Qris

QRIS

Online banking

ORIS is an innovative payment platform that simplifies financial transactions.

Eazy

Eazy

Digital wallet

Eazy is a user-friendly mobile payment solution designed to streamline financial transactions.

Elcard png

Elcard

Elcard: Discover payment solutions in Kyrgyzstan

Elсard is a national payment system in Kyrgyzstan. Discover payment solutions at spoynt.com

Visa

Visa

Credit/Debit card

Visa is a multinational financial services corporation founded in the United States.

PayID

PayID

PayID: Discover payment solutions in Australia

PayID is a payment solution from Australia. Discover other payment solutions at spoynt.com

HUMO logo png

HUMO

Credit/Debit card

HUMO is a prominent digital payment platform in Uzbekistan.

Papara

Papara

Digital wallet

Papara is a digital payment platform and financial management solution in Turkiye.

PayMaya logo png

PayMaya

Digital wallet

PayMaya is a cutting-edge digital payment platform.

Virtual Accounts

Virtual Accounts

Online banking

Virtual accounts are digital bank accounts that are created for specific purposes.

Show all payment methods
Pricing

Pricing request

Our fare pricing is designed to bring satisfaction to both sides of our partnership. The pricing structure is tailored to your specific business type and monthly turnover. Kindly send us a request, including details about your business, and our dedicated success manager will promptly get back to you with our best offer.