Novac Payment

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Payment infrastructure for African businesses to accept card, transfer, USSD, mobile money, and wallet payments, automate payouts, and manage settlements via dashboard and API.

Novac Payment Product Overview

Is Novac Payment Right for You?

Liners prepares and updates these highlights as product information changes. Editorial standards

Best For

  • Nigerian online stores
  • Subscription businesses

What It Does Well

  • Card and bank transfer
  • USSD payments

Things to Check

  • Multi-currency availability
  • Supported mobile money networks

About Novac Payment

Screenshot of Novac Payment website

Novac Payment is a payment solutions provider for African businesses that need to accept customer payments and manage payouts, with tooling for settlement and transaction operations.

Key capabilities include:

  • Multi-method collections for online and in-person payment flows, including card, bank transfer, USSD, mobile money, and wallet payments (including options such as Opay and Palmpay).
  • Payouts and transfers for business disbursements, plus support for bill-related payments where applicable.
  • Split payments for marketplaces, letting a single buyer payment be shared across multiple vendor accounts.
  • Developer and ops tools such as APIs, transaction verification, callbacks/webhooks, and refunds, with support for modern open banking-style payment flows and multi-currency payment initiation (for example NGN, USD, EUR).

Available on Web (business dashboard at app.novacpayment.com), Android (Novac Business app), and via API with documentation at https://developer.novacpayment.com/docs/introduction/welcome-to-novac.

Designed for merchants and B2B teams such as online stores, marketplaces, SaaS businesses, and digital goods sellers that need reliable collections, automated payouts, and settlement visibility.

Notable for its Africa-focused payment coverage and developer-oriented infrastructure, operated by NOVAC Payments Solutions Limited in Nigeria, with security and continuity standards referenced on its site (including ISO 27001 and ISO 22301).

Novac Payment Facts

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Operates In
Official Links
African alternative to

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Novac Payment Founders & Leadership Team

Liners compiles leadership profiles from official company pages, professional profiles, and trusted public sources. We refresh them as teams change. How we source data
Wale Hassan
Olayinka Oladipupo

Frequently Asked Questions About Novac Payment

Novacpayment is a payment infrastructure service for African businesses. It lets you accept payments through card, bank transfer, USSD, mobile money, and wallet options, then manage payouts and settlements from a dashboard or API.

Novacpayment is focused on Nigeria and other regions of Africa. Nigeria is explicitly identified as a core market, while additional country coverage is not clearly specified.

You can sign up through Novacpayment’s business dashboard and complete the required KYC steps. Businesses are set up through the web platform.

Yes, Novacpayment has a mobile app for Android. It is called Novac Business.

Novacpayment is best suited for African businesses, especially online stores, marketplaces, SaaS companies, and digital goods sellers that need payment collection, payouts, and settlement tools.

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