Business banking · Africa
Does Mercury work in Nigeria?
Mercury does not onboard businesses registered in Nigeria.
What a business in Nigeria can use
Mercury’s products, for a company incorporated in Nigeria.
Invoices your customers pay by card or ACH debit, also available through the API.
Domestic ACH and wires, international wires, and API payments to saved recipients.
US dollar checking and savings with FDIC insurance through partner banks, plus Treasury for idle cash.
Debit cards and the IO corporate credit card with spend controls.
Mercury does not offer this.
Mercury Treasury invests idle cash in government money market funds and, since August 2026, an ultra-short bond fund. It is not FDIC insured, may lose value, and carries a 0.15–0.60% fee.
Requires a US-registered company. Founders outside the US often qualify through a Delaware company. Deposits sit with partner banks; Mercury has conditional approval for its own national bank charter.
Onboarding confidence: high. Source: Mercury API products overview. Everything about Mercury
Alternatives in Nigeria
Other providers that serve businesses registered there.
Accept payments
Pay people abroad
Multi-currency account
Business cards
Stablecoins
Yield on idle cash
Selling to Nigeria
How people there prefer to pay online.
- 1Bank transfer
- 2Verve / Visa / Mastercard
- 3USSD
- 4OPay / Palmpay
Stablecoin rules in Nigeria
Stablecoin rules are being written and may change.
Common questions
Does Mercury work in Nigeria?
No. Mercury does not onboard businesses registered in Nigeria.
What are the alternatives to Mercury in Nigeria?
Providers that onboard businesses registered in Nigeria: Payoneer and dLocal. With limits: PayPal, Bridge, BVNK and Rain.
Mercury elsewhere in Africa
Other providers in Nigeria