Stablecoin payments in Nigeria, through one API
Pay Nigerian suppliers, staff and partners in naira from a USDC or USDT balance, or collect naira from customers and settle in stablecoins. Payouts go to any Nigerian bank account.
What you can do in Nigeria.
Pay suppliers with stablecoins
Fund in USDC or USDT and pay invoices in NGN to the supplier’s bank account, with the rate fixed before you confirm.
Collect naira, settle in USDC
Accept bank transfers in NGN from customers and settle into USDC or USDT to protect value.
Payroll in Nigeria
Pay staff and contractors in NGN on the same day each month, from one stablecoin balance.
Embed it in your product
Fintechs and platforms offer NGN on- and off-ramps to their own users through our API.
How it works.
Verify your business
Complete onboarding once. No separate Nigerian entity needed to start paying out.
Fund in USDC or USDT
Send stablecoins to your deposit address or use your existing balance.
Pay out in NGN
Send to any Nigerian bank account by API, dashboard or bulk file.
Reconcile
Each payout returns a status, a bank reference and your own reference.
Related routes.
Questions.
How do I pay a supplier in Nigeria with stablecoins?
Fund your ElementPay balance in USDC or USDT, create a payout to the supplier’s Nigerian bank account, confirm the NGN amount and we convert and deliver it.
Can we collect payments in Nigeria and settle in stablecoins?
Yes. Customers pay in NGN by bank transfer and we settle the amount into USDC or USDT on your ElementPay balance.
Which Nigerian banks can you pay?
Payouts go to accounts at Nigerian banks over local bank transfer.
How is the NGN rate set?
You see the rate and fee before you confirm. Once you approve, the NGN amount is fixed.
Can we pay staff in Nigeria with stablecoins?
Yes. Upload a payroll file or call the API, fund in USDC or USDT, and each employee receives NGN in their bank account.