The Internet’s Money

Merchant of record · Africa

Does Stripe Managed Payments work in Nigeria?

No.

Stripe Managed Payments does not onboard businesses registered in Nigeria.

What a business in Nigeria can use

Stripe Managed Payments’s products, for a company incorporated in Nigeria.

Accept paymentsNot available

Stripe (through Link) becomes merchant of record for digital products sold with Stripe Checkout, Payment Links or its mobile Checkout UI, handling sales tax, VAT and GST in 80+ countries, fraud, disputes and transaction-level customer support. Payouts go to the seller’s Stripe account as usual.

Pay people abroadNot offered

Stripe Managed Payments does not offer this.

Multi-currency accountNot offered

Stripe Managed Payments does not offer this.

Business cardsNot offered

Stripe Managed Payments does not offer this.

StablecoinsNot offered

Stripe Managed Payments does not offer this.

Yield on idle cashNot offered

Stripe Managed Payments does not offer this.

Turned on inside a Stripe account; the business must be based in one of 37 listed locations (CA, US, 31 European countries including LI, and AU, HK, JP, SG) and pass Stripe’s eligibility review. Connect platforms and Express accounts are excluded. Stripe also owns Lemon Squeezy, which is still operating; its stated direction is moving its sellers to Managed Payments, and its signup now routes through a Stripe form.

Onboarding confidence: high. Source: Stripe docs: Managed Payments eligibility (supported business locations, products). Everything about Stripe Managed Payments

Alternatives in Nigeria

Other providers that serve businesses registered there.

Selling to Nigeria

How people there prefer to pay online.

  1. 1Bank transfer
  2. 2Verve / Visa / Mastercard
  3. 3USSD
  4. 4OPay / Palmpay

Stablecoin rules in Nigeria

Moderate riskRules in progress

Stablecoin rules are being written and may change.

Everything about 🇳🇬 Nigeria →

Common questions

Does Stripe Managed Payments work in Nigeria?

No. Stripe Managed Payments does not onboard businesses registered in Nigeria.

What are the alternatives to Stripe Managed Payments in Nigeria?

Providers that onboard businesses registered in Nigeria: Payoneer, dLocal, Bridge, Paddle, Polar, Gumroad, FastSpring, Creem and 2 more. With limits: BVNK, Rain, Razorpay and Xendit.

Stripe Managed Payments elsewhere in Africa

Other providers in Nigeria