Flutterwave alternatives
We compared Flutterwave with 4 other payment gateways on what one payment costs, in Nigeria. Every number says where it came from and when it was checked.
Our read · Payment of ₦10,000 at the standard rate, Nigeria
Cheapest alternative for a payment of ₦10,000 at the standard rate: Squad
Squad is the cheapest Flutterwave alternative for a payment of ₦10,000 at the standard rate in Nigeria: a ₦120 fee, ₦80 less than Flutterwave (checked 22 Oct 2026).
Fee is one part of the cost. Settlement time, limits and licences are shown beside it, and none of them reorders the list.
Thimania is free to use. Rankings follow the fees we checked, never who pays us. Any link to a provider is on its profile, where we say whether we earn from it.
Flutterwave alternatives in Nigeria for a payment of ₦10,000 at the standard rate
5 gateways with a verified fee for it, cheapest first. All payment gateways in Nigeria.
| Gateway | Fee on ₦10,000 lower is better | Settlement time | Checked |
|---|---|---|---|
| 1. Squad | ₦120 Best | 1 day | 22 Oct 2026 Provider fee page |
| 2. Interswitch | ₦150 | 1 day | 25 Oct 2026 Quickteller Business pricing |
| 2. Monnify | ₦150 | Not yet verified | 22 Oct 2026 Provider fee page |
| 4. Flutterwave Comparing from | ₦200 | 1 day | 22 Oct 2026 Provider fee page |
| 5. Paystack | ₦250 | 1 day | 22 Oct 2026 Provider fee page |
Not ranked for this payment, because we have no verified fee for it: Kora, Mono.
Flutterwave alternatives in Nigeria for an international card payment of ₦10,000
3 gateways with a verified fee for it, cheapest first. All payment gateways in Nigeria.
| Gateway | Fee on ₦10,000 lower is better | Settlement time | Checked |
|---|---|---|---|
| 1. Monnify | ₦400 Best | Not yet verified | 22 Oct 2026 Provider fee page |
| 2. Flutterwave Comparing from | ₦480 | Not yet verified | 22 Oct 2026 Provider fee page |
| 3. Paystack | ₦490 | 1 day | 22 Oct 2026 Provider fee page |
Not ranked for this payment, because we have no verified fee for it: Interswitch, Kora, Mono, Squad.
How we compared them
A fair comparison needs the same payment, so each gateway is priced for exactly the kind of payment and amount in the heading, from the rate it publishes for it. The fee is calculated from that rate, including any fixed fee, minimum or cap. It leaves out VAT and other taxes, setup and monthly fees, payout charges and rates negotiated for large merchants, so check those before you sign up.
Questions people ask
What is the cheapest Flutterwave alternative for a payment of ₦10,000 at the standard rate in Nigeria?
Squad. It charges ₦120, against ₦200 at Flutterwave (checked 22 Oct 2026).
What is the cheapest Flutterwave alternative for an international card payment of ₦10,000 in Nigeria?
Monnify. It charges ₦400, against ₦480 at Flutterwave (checked 22 Oct 2026).
Are these Flutterwave alternatives licensed?
3 of 4 are shown as authorised or registered by their regulator. Each profile lists the regulator and licence status so you can check it yourself.