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.

% of coverage
  • Country

    Nigeria

  • Population

    228 million

  • Number of Internet users:

    103 million (estimated)

  • Popular Payment methods

    Bank Transfers, Debit Cards, Credit Cards, Cash Payments, E-Wallets​

% of coverage
  • Credit Card

    17%

  • Debit Card

    20%

  • E-Wallets

    10%

  • Cash Payments

    16%

  • Bank Transfers

    29%

  • Other

    8%

Payment Method Overview
  • Type:Payment Solution (Debit Cards, Prepaid Cards, Digital Wallets)
  • Currency:Nigerian Naira (NGN)
  • % of coverage:> 60% of card transactions in Nigeria (estimated)
  • Money transfers to date: > 500 million (estimated)
  • Total customers: > 35 million active cards (estimated)
  • Refunds: Yes, (limited)
  • Chargebacks:Yes, (limited)

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

Mobile Money Malaysia

Mobile Money

Mobile Money: Discover payment solutions in Malaysia

Mobile Money is an e-money service conducting payments via moblie phone. Discover other payment solutions at spoynt.com

Diners Club

Diners Club

Credit/Debit card

Diners Club International, often simply known as Diners Club, is a charge card company.

Vietnammobile

Vietnammobile

Online banking

Vietnamobile is a enabling seamless Mobile Payments and financial services.

Дизайн без назви (1)

tPay

Dotpay: Discover payment solutions in Poland

This focus on local preferences allows businesses to cater effectively to Polish consumers, offering them familiar and reliable payment options. With a deep understanding of the market, Tpay helps businesses optimize their payment processes, ensuring higher conversion rates and a smooth customer experience.

Quick Transfer Asia

Quick Transfer

Online banking

Quick Transfer is a providing a convenient way to move money quickly.

Troy

Troy

Credit/Debit card

Troy is a national card payment scheme introduced by the Interbank Card Center.

Orange Money

Orange Money

Mobile money

Vodafone Cash is an innovative mobile money platform.

MBWay png

MBWay

MBWay: Discover payment solutions in Portugal

MBWay is a mobile payment service in Portugal. Discover other payment solutions at spoynt.com

GCash

GCash

Digital wallet

GCash is a leading mobile wallet platform in the Philippines.

Logo (10)

Clearhaus

Clearhaus: Discover payment solutions in Denmark

Clearhaus is a Danish payment acquirer, that specializes in online and mobile payments for e-commerce businesses across Europe.

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.