Nigeria

Accept Kuda
without building the integration

Kuda is a licensed Nigerian digital bank whose Business Open API gives merchants virtual accounts, transfers and instant settlement. It is a banking API rather than a card gateway — the distinction matters, because card acceptance is not what it is for.

  • NGN
Nigeria
2 payment methods
0% PaymentHood fee
Kuda
Region
Nigeria
Methods
2
Credentials
Server-side only
PaymentHood fee
None
Status
Live
At a glance

What is Kuda?

Coverage
  • Nigeria

Among the markets Kuda serves — their own list is authoritative (opens in new tab).

Currencies
  • NGN

Among those supported. Which ones your account can charge in depends on its registered country.

Fees
Set and billed by Kuda, and published on their pricing page (opens in new tab). PaymentHood adds nothing on top, at any volume.

Written against Kuda's own documentation on . This page deliberately states no fees, no counts and no completeness claims, because those change without notice — for anything you are about to build on, Kuda's own documentation (opens in new tab) is the authority.

Payment methods

Kuda payment methods

Every method below runs through the same PaymentHood checkout. Turning one on or off is a dashboard setting, not a code change.

Virtual accounts

A dedicated account number per customer or per transaction

Bank transfer

Collection and instant settlement over Nigerian bank rails

Cost

Kuda fees and pricing

Two separate bills, and only one of them exists.

What PaymentHood charges
Nothing on your Kuda transactions. No percentage and no per-transaction cut, at any volume. Every payment feature is free, and the optional Premium plan only adds white-label checkout branding.
What Kuda charges
Kuda sets its own rates and bills you directly. PaymentHood never sits between you and that invoice, so switching to or from Kuda changes what you pay Kuda and nothing else.
What moves the rate
Payment providers price per market and per method rather than as a single global figure. It also accepts 2 different payment methods, and card, transfer and wallet rails each carry their own cost.
Where to check the figure
Kuda publishes current rates on their pricing page (opens in new tab). That is the authority, not this page. We deliberately quote no numbers here, because a rate that has quietly changed is worse than no rate at all.
Integration

How PaymentHood works with Kuda

A direct Kuda integration is not just an API call. These are the parts every team ends up rebuilding — and the parts PaymentHood ships already done.

Credentials
API key and client credentials, held server-side in PaymentHood
Webhook security
Signed credit notification, validated before an order is released
Payment verification
Server-side transaction confirmation before fulfilment
  • Idempotent charge creation, so a retried request never double-charges a customer
  • Automatic failover to another configured provider when Kuda is unreachable
  • One reconciliation view across Kuda and every other provider you run
  • Provider credentials never reach the storefront or the customer's browser
  • Adding or switching a provider later is a dashboard change, not a re-integration
Setup

How to connect Kuda

1

Open your Kuda account

Register directly with Kuda and complete their onboarding. Funds settle from Kuda into your own bank account — PaymentHood never holds merchant money.

2

Add the credentials to PaymentHood

Paste your Kuda API credentials into the PaymentHood dashboard. They are stored server-side and never exposed to your storefront.

3

Enable it at checkout

Install the PaymentHood plugin for your platform, paste your PaymentHood API key, and Kuda appears as a payment option. Test in sandbox, then switch to live.

FAQ

Frequently Asked Questions

No — and this is the thing to get straight before choosing it. The Kuda Open API is built around bank transfers and virtual accounts, not card acquiring. If you need cards, pair it with a card provider; behind PaymentHood both run through one checkout.

Collections and payouts over Nigerian bank rails, with a real banking licence behind them. Virtual accounts per customer make reconciliation straightforward, which is why it suits recurring collections and marketplace payouts.

Card penetration is lower than transfer usage, and card declines are common. A checkout offering a one-time virtual account number — the customer transfers from any bank app and the payment confirms in seconds — will convert materially better than one offering cards alone. It is the single most important local method to enable.

No. PaymentHood adds nothing to what Kuda charges: no percentage, no per-transaction cut, and no volume threshold where that changes. Kuda bills you directly for its own processing fees, and you keep that relationship. PaymentHood's only paid plan is Premium at $29 a month, which adds white-label checkout branding and nothing to your transaction cost. See PaymentHood pricing.

Start accepting Kuda payments

Free plugin, no PaymentHood transaction fee, and the option to add another provider later without touching your checkout.