BudPay Payment Gateway logo

BudPay Payment Gateway

by Budpay · Since 2022
No reviews yet
ActiveAvailable globallyCloud
Quick facts
VendorBudpay
Year launched2022
StatusActive
Location21B, Fatai Idowu Arobieke Street, Off Admiralty way, Lekki Phase 1, Lagos Nigeria.
Countries servedGlobal
Languages1
Integrations
Free tier
Free trial
Contact salesYES

About BudPay Payment Gateway

BudPay Payment Gateway is a payment platform from Budpay that provides global payments for individuals and businesses. It offers features including online payments, payment links, and invoices so users can create secure and efficient payment experiences. With a focus on modern online and offline payments, BudPay helps increase customer loyalty through smooth transactions. The platform supports a range of industries and allows for easy acceptance of payments via well-curated APIs. BudPay is designed to cater to various business models, facilitating both online and offline transactions effectively. Key capabilities: accept online payments payment links invoice management support for multiple industries secure transaction processing Best for: businesses that need reliable payment solutions.

BudPay is a rapidly growing Nigerian fintech platform designed to facilitate seamless local and international payments for businesses of all sizes. It positions itself as a modern infrastructure for the digital economy, competing with established players like Paystack and Flutterwave. BudPay’s core value proposition lies in its "borderless" approach, offering a suite of tools that allow African merchants to accept payments in multiple currencies, including USD, GBP, and EUR, while settling in their local currency. The software is built with a "developer-first" mindset, offering clean, well-documented APIs that make integration into e-commerce sites, mobile apps, and SaaS platforms straightforward. Beyond simple payment processing, BudPay has expanded into "Banking as a Service" (BaaS), providing businesses with virtual accounts to manage funds and perform bulk payouts to vendors or employees.

Pros & Cons

What users like
  • +Allows African businesses to receive international payments easily,
  • +Supports a wide range of methods, including cards, bank transfers
What users flag
  • Some users have noted that international settlement times can be longer than the advertised windows.
  • While generally helpful, some smaller merchants report slower response times
  • New users might find the reporting analytics a bit dense at first.

Features

Key features

Online Checkout
A secure, customizable payment gateway for websites and mobile applications.
Virtual Accounts
Allows businesses to create unique bank account numbers for customers to make transfers easily.
Bulk Payouts
A robust tool for sending money to thousands of recipients (staff, vendors, or partners) simultaneously.
Payment Links
Simple, shareable links that enable payment collection via social media or chat apps.

Additional features

Developer Sandbox
A testing environment for developers to build and test integrations before going live.
Subscription Management
Tools for setting up and managing recurring billing and memberships.
Fraud Detection System
AI-driven security layers to identify and block suspicious transactions.
Transaction Analytics
Real-time data visualization of sales, successful payments, and failure rates.
Mobile App for Merchants
A dedicated app to track business performance and receive notifications on the go.
Team Permissions
Allows business owners to grant specific dashboard access to staff members.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
1
Interface languages
2
Billing currencies

Interface languages

English

Billing currencies

🇳🇬NGN🇺🇸USD

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