Gift card trading in Nigeria has grown rapidly over the past few years. Many people now prefer to exchange unused gift cards for cash. It gives them the freedom to spend the money however they want. While this has created great opportunities, it has also opened doors for fraudsters who prey on unsuspecting traders.
Scammers use several tricks to steal gift card details and vanish without paying a single Naira. In 2025, as gift card trading continues to expand, scam methods are also evolving.
That’s why it is important to stay alert and know the red flags. In this blog, we’ll explore the most common gift card scams you should watch out for this year, along with practical tips to protect...
Nigeria’s fintech scene has come a long way. Ten years ago, most people were still paying cash for airtime at the corner shop. Now, millions send money, pay bills, access loans, and even invest—right from their phones. But while the front-end experience looks shiny, what’s happening behind the curtain hasn’t always kept up.
Too many platforms are still running on a patchwork of disconnected tools. Payment processing is handled here, fraud monitoring over there, compliance tracking somewhere else—if at all. The result? Teams are overworked, users get frustrated, and opportunities are missed. It’s the digital version of trying to run a Formula 1 car with bicycle parts.
Enter data orchestration. This isn’t just another IT buzzword—it’s the silent engine that’s powering...
Online shopping is still at its infancy and remains a niche market in Nigeria, though it has grown tremendously in the last couple of years. Here you will find a few online shopping sites, online shops, stores, and malls where you can buy items online. Do not however take this as an endorsement of any of the online shopping services listed.
Where to Shop Online
Jumia.com.ng from ₦500.00 View Offers
If you intend shopping online for consumer electronics, notebooks, home appliances, laptops, mobile phones, mobile phone recharge cards, Nigerian movies, African foods, home appliances, flight tickets, and so on, you will find...
Zmobile is a mobile banking service from Zenith bank. Zmobile (meaning Zenith mobile) enables customers of Zenith bank to carry out various banking and payment transactions with their mobile phone. Some transactions currently supported by Zmobile include balance inquiry, mini statement, bills payment, local money transfer, mobile phone top up, inter-bank money transfer, and so on. Zenith bank also offer Internet banking services, which allows take care of most of your banking needs online.
Zmobile is a menu based mobile banking service. The menu looks like your ATM menu or the Glo Magic plus menu. All you need to do...
ATM machines are well known in Nigeria as machines used to conveniently withdraw cash from bank accounts and check bank account balance. However, it is important to note that ATM machines offer more electronic transaction possibilities. These include fund/cash transfer, mobile phone airtime credit recharge, and bills payment. Here we will focus on using an ATM machine to load recharge voucher pin to your mobile phone.
Where to Buy Mobile Phones
Jumia.com.ng from ₦7,500.00 Buy Now
To load recharge PIN using an ATM machine you need to have a bank account with sufficient funds to pay for the denomination of recharge airtime...
You can buy mobile phone recharge vouchers on the internet in Nigeria. All you need is a valid debit card. One online mobile phone airtime recharge service that we have discovered is that offered by QuickTeller and Konga in Nigeria. To buy airtime through these service, you need an InterSwitch debit card, JumiaPay or KongaPay.
Where to Buy Mobile Phones
Jumia.com.ng from ₦2,500.00 Buy Now
QuickTeller and Konga.com Online Payment Service, allows subscribers buy recharge cards online for Glo mobile, MTN, Airtel, Etisalat, Starcomms, and Visafone for their mobile phones using InterSwitch debit cards.
Visit Konga on www.konga.com or QuickTeller Mobile Recharge website...
InterSwitch Verve card is a secure e-payment card from InterSwitch, a leading provider of secure electronic payment and transaction solutions in Nigeria. InterSwitch Verve card is a Chip and PIN, EMV complaint card; and will replace the existing magnetic stripe based InterSwitch cards carried by millions of Nigerians. If you are still using the old magnetic strip InterSwitch card, ask your bank for the new InterSwitch Verve, it is more secured and offers more possibilities.
InterSwitch Verve smart cards comes with Chip and Pin instead of the magnetic strip used in previous cards. InterSwitch Verve comes with an in-built microprocessor...
InterSwitch Nigeria is a leading provider of secure electronic payment solutions in Nigeria. InterSwitch has deployed thousands of ATM machines and POS terminals throughout Nigeria. In this page, you will find links to pages on InterSwitch website where you would locate shops, stores, and merchants that have POS terminals that support InterSwitch payment platform.
In addition, online merchants and websites where secure online payments or purchases can be made with InterSwitch debit cards are also provided.
There is no point having an ATM/Debit card if you cannot use it. To use debit cards consumers need to know merchants that accept such...
Send Money to OnlineTransfer Money from UK
Send Money from UK to Nigeria
Send Money to Nigeria
Valucard Nigeria, a joint acquirer of Visa International in Nigeria, now offers an online Visa card-to-card money transfer service in Nigeria. This service, called V-money transfer, will enable Visa International cardholders worldwide to send money to Visa & VPay cardholders in Nigeria. V-money can also be used to transfer money within Nigeria.
Receiving money in Nigeria
To be qualified to receive money through V-money transfer service, an issuer or bank that has subscribed to V-money transfer must issue your Visa card or VPay card. If you...
Lotto Nigeria is a weekly lottery game that is drawn twice a week (Saturdays and Wednesdays). Lotto Nigeria is a product of National Sports Lottery (NSL) plc. Presently the jackpot value of the Saturday draw is N2 million (17,242 USD), while the Wednesday jackpot is 1 million Naira (8,621 USD).
To play Lotto Nigeria you select six numbers from 1 to 49. If you can match all the six numbers in the national sports lottery draw, you win the jackpot prize. If however, you match five, four or three you also will some cash prize in the Lotto Nigeria draws.
In...
This page contains posts on this site on e-payment issues for easier access.
Electronic payment/transaction in Nigeria: an Overview
Electronic payment: PIN security basics
Intro: e-gold 101 basics
Valucard payment solution with VPay, Visa & VbV
InterSwitch e-payment solution
e-gold Electronic payment system
About i8550 POS terminal by NSL for Lotto, & electronic payments via Visa
About Moneymanager electronic/instant money transfer
Benefits of e-gold to you
NSL launches 30,000 i8550 POS terminals in Nigeria
Stopping one transaction scratch cards
Benefits of e-gold to Merchants
How does Moneymanager electronic/instant cash transfer work?
Send Money to Online
Transfer Money from UK
Send Money Online
Send Money to Nigeria
Are you looking for a convenient and secure electronic money transfer service in Nigeria? Are you looking for a scratch card that can comfortably replace mobile phone recharge cards as a means of money transfer within the country? Moneymanager card is what you need if you answer yes to any of these questions.
Moneymanager is an instant cash transfer card that can be used to transfer money to any part of Nigeria. Moneymanager card is aimed at providing convenient and secure electronic money transfer services to...
Send Money to Online
Transfer Money from UK
Send Money Online
Send Money to Nigeria
Moneymanager is an instant cash transfer card that can be used to transfer money to any part of Nigeria. Moneymanager card is aimed at providing convenient and secure electronic money transfer services to Nigerians.
Customers can buy Moneymanager scratch cards at dealer and agent outlets spread all over Nigeria. Once bought, the Pay-PIN codes can be sent via SMS to anyone in the country. Recipients of Moneymanager Pay-PIN codes can redeem the currency value of the scratched Moneymanager card via any branch of Access Bank, Fidelity...
The e-gold payment system is a secured internet payment solution. It is 100% backed by gold bullions and is widely accepted on the internet as a means of payment. egold is one of the only means of payment available to people with no access to credit/debit cards.
Merchants that allow the use of e-gold as a means of payment for products and services in their website enable millions of internet users without credit/debit cards to shop online.
In this page, we highlight some of the advantages of e-gold electronic payment system to merchants:
easy to start receiving payments
You can start...
Wondering why you should open an e-gold account? The e-gold payment system allows secure online payments for goods and services. It is 100% backed by gold bullions. Hence, the value stored in your account is related to value of gold or other precious metal.In this page, we highlight some advantages of e-gold electronic payment system to account holders:Opening an account is easyOpening an e-gold account is very easy. It is certainly easier than credit/debit cards. You do not need to open a bank account or fill a very lengthy form. You do not need to provide an international passport....
The e-gold payment system is an electronic payment system that enables account holders to make secure payments on the internet using value stored in precious metals like Gold, Silver, Platinum and Palladium in their account. These metals are called e-metals.
To understand e-gold you must look at it as a commodity and not a currency. It is an electronic commodity that is now accepted by a lot of merchants as a means of payment for their goods and services.
To use e-gold you must first buy it. However e-gold Ltd does not sell egold rather they only store it and help...
Your PIN is your Personal Identification Number. It is the number or characters that if entered when requested by an ATM machine or POS terminal or any other electronic payment channel grants access to your bank account or electronic wallet.
The implication of this is that if any person knows your PIN, such a person is one step away from having access to your account or e-wallet. If you are not using a chip card the PIN alone is enough for a fraudster to access your account. However, if you are using a chip based credit/debit card the fraudster will...
The e-gold payment system is an electronic payment system that enables the use of precious metals like Gold, Silver, Platinum and Palladium for secure online e-payment for goods and services. e-gold system is very popular because of its simplicity. It is even more popular in countries like Nigeria where debit and credit cards are not available or very hard to get.
In fact e-gold is one of the only online electronic payment solutions in countries with low penetration of credit and debit cards. Just about anyone can use e-gold. No matter your country of residence you can use this wonderful...
Valucard plc is the joint acquirer of Visa international in Nigeria. The company supports secure electronic transactions and payments in Nigeria.
Valucard promotes the VPay which is an online chip and pin card. VPay can be used as an ATM card to withdraw money from ATM machines. It can also serve as a Debit or credit card for purchase from a POS terminal or from a merchant on the internet.
Send Money online to Nigeria using Visa debit/credit cards
VPay like Visa card can be used to make a purchase wherever the Visa acceptance sign is displayed. Because VPay is chip based...
InterSwitch is a provider of secure electronic payment solutions in Nigeria. All Nigerian banks are connected to InterSwitch, making InterSwitch the most accessible e-payment network in Nigeria. If you have a Debit/ATM card in Nigeria, it is more likely to be from InterSwitch.
InterSwitch recently launched a Chip and PIN card branded as InterSwitch Verve, which offers improved security and reduces fraud. InterSwitch Verve cards are more difficult to duplicate and alter.
InterSwitch at present boasts of over 7,300 ATM machines deployed nationwide making cash withdrawals and other ATM services convenient and easily accessible to Nigerians. Other services available from these...
The National Sports Lottery (NSL) plc has gone into the business of providing secure electronic payment to Nigerians. The Company is collaborating with Valucard plc the joint acquirer of Visa international in Nigeria and a leader in electronic payment solutions.
i8550 POS terminals being deployed by NSL plc comes with a number of features that can be of benefit to merchants and retailers.
Citizens desirous of becoming NSL lotto agents can get one of these i8550 terminals for enabling customers play the lottery game. Lottery players can pay with cash after which they select any six digits. i8550 terminal then prints...
The National Sports Lottery (NSL) plc is currently deploying 30,000 i8550 POS terminals. This is aimed at making the lottery game easily accessible in more locations nationwide. NSL plc is the organiser and sponsor of the Lotto Nigeria game show. Lotto Nigeria is a weekly lottery game show that is drawn twice a week (Saturdays and Wednesdays).
Lotto Nigeria involves selecting six numbers from 49 possible options. If player matches all six drawn number he/she wins the jackpot. Players that match five, four or three number also win various sums.
The deployment of these i8550 POS terminals by NSL plc will...
You need the best marketing automation software to scale your business fast and convert more leads to customers.
Marketing automation software is software tools that...
Zmobile is a mobile banking service from Zenith bank. Zmobile (meaning Zenith mobile) enables customers of Zenith bank to carry out various banking and...
AliExpress is an online shopping mall owned by China's top online marketplace, Alibaba.com. On AliExpress, you will find thousands of top Chinese exporters and...
