Korapay logo

Korapay

African payment infrastructure API for collections, payouts, and cross-border payments via cards, bank transfers, mobile money.

-
NG Est. 2019 Active Payment Gateway / PSP

Our Verdict

Strong Africa-focused payments API for cross-border flows — a credible Flutterwave alternative for many teams.

Pros

  • Cross-border Africa collections and payouts
  • Mobile money, bank, and card rails combined
  • Developer-friendly REST API
  • Competitive FX for cross-border flows

Cons

  • Some countries have limited payout coverage
  • Smaller than Flutterwave in merchant reach
  • Reliability varies by corridor
  • Compliance queries can slow onboarding
Best for: Startups needing pan-African collections and payouts via one API Not for: Teams needing only single-country acquiring or global coverage

When to Use Korapay

Good fit if you need

  • Card, bank transfer, and mobile money collection across Africa
  • Cross-border payouts to African bank accounts and mobile wallets
  • Virtual account collection for Nigerian and African fintech platforms
  • Embedded African payment infrastructure API for global e-commerce platforms

Lock-in Assessment

Medium 3/5
Lock-in Score
3/5

Korapay Pricing

Pricing Model
usage
Free Tier
No
Entry Price
Enterprise Available
No
Transparency Score

Beta — estimates may differ from actual pricing

1,000
1001K10K100K1M
10,000
1K10K100K1M10M

Estimated Monthly Cost

$25

Estimated Annual Cost

$300

Estimates are approximate and may not reflect current pricing. Always check the official pricing page.

Community Discussion

Comments powered by Giscus (GitHub Discussions). You need a GitHub account to comment.