PayPal launches in Nigeria through partnership with Paga

Paga, a pioneering Nigerian fintech company, and PayPal, a global payments and commerce platform, today announced the launch of active account linking for customers in Nigeria.

The integration allows users to use PayPal-supported cross-border payments directly from their Paga digital wallet, enabling them to receive international payments and withdraw funds locally in naira.

With this integration, users in Nigeria can link their PayPal accounts directly to their Paga wallets to receive cross-border payments from PayPal-supported markets, shop with global PayPal merchants, and access their funds locally. The service also enables Nigerian merchants and entrepreneurs to reach PayPal's global network of over 400 million users worldwide and grow their businesses internationally.

Through Paga, users can easily access their PayPal balances and withdraw funds for their daily financial needs, including spending with a card, transferring to local bank accounts, or paying bills and merchants within the Paga ecosystem. This creates a seamless bridge between global earnings and local use of funds. The partnership strengthens Nigeria's financial services ecosystem by supporting cross-border commerce, empowering merchants and small business growth, and developing the country's digital economic infrastructure.

"We are proud to launch this integration and make it available to users across Nigeria," said Tayo Oviosu, founder and Group CEO of Paga. "Whether you're a freelancer receiving international payments, a business selling online, or a consumer shopping globally, this partnership makes it easier to access global funds and use them locally—in a way that's simple, secure, and tailored to our markets."

"We are deliberately focusing on working with local innovators such as Paga and developing solutions that help Nigerians earn, spend, and grow," said Otto Williams, Senior Vice President, Regional Head, and General Manager of PayPal for the Middle East and Africa. "This collaboration strengthens the broader payments ecosystem by supporting local innovation, expanding financial inclusion, and enabling more consumers and businesses to participate confidently in the digital economy."

The digital payments market in Nigeria continues to grow rapidly, with transaction value reaching ₦657.8 trillion in 2023 and the number of active mobile wallet users exceeding 30 million (according to Novatia Consulting, 2024). With over 21 million users and a rapidly growing API infrastructure, Paga is uniquely positioned to scale PayPal services to both consumers and businesses across the country. It leverages its local clearing network, digital wallet, and Visa card integrations, positioning itself as a secure and trusted local partner for cross-border digital payments.

To access PayPal services through Paga, users can log in to the Paga app or www.paga.com, connect their PayPal account, and start receiving international payments to their Paga wallet, then use those funds to pay bills, transfer money to bank accounts, or shop online.