How to Successfully Create/ Open Stripe Account in Nigeria

What is Stripe?

However, Stripe has since expanded its global reach and as of my current date of April 2023, Stripe is now available in Nigeria. This means that individuals and businesses in Nigeria can now use Stripe to accept online payments for their products and services.

To set up a Stripe account in Nigeria, you can visit the Stripe website and follow the instructions provided. You will need to provide some personal and business information, including your bank account details, in order to link your Stripe account to your Nigerian bank account.

With Stripe in Nigeria, you can accept various types of payments, including credit and debit cards, as well as alternative payment methods like mobile money and bank transfers.

Stripe charges a transaction fee for each payment received, which varies depending on the payment method used and the country where the payment was made. You can check Stripe’s website for the most up-to-date pricing information.

Stripe provides various security measures to protect your transactions, including fraud detection and prevention, secure encryption, and compliance with various global standards and regulations.

You can integrate Stripe with your website or mobile app using various plugins and APIs provided by Stripe. Stripe also offers developer documentation and support to help you integrate its payment system with your platform.

If you have any issues using Stripe in Nigeria, you can contact Stripe’s customer support team through its website or email. You can also access Stripe’s help center for answers to frequently asked questions and other resources. Read also: Anglican Bible Study Outline for 2023 – Church of Nigeria

How I Created, Opened and Use Stripe Account in Nigeria

You read that before now, Stripe is not supported in Nigeria. But you also heard that I started using it in Nigeria far back 2020. How did I achieve it? Here are the work over on how to open or create a stripe account and use it without problem in Nigeria in 2023.

First step: Create an LLC

The first step is to have an LLC. LLC means Limited Liability Company. The LLC will be created in the United States. It is easy to create an LLC. You don’t need a lawyer for this. All you need is to use an LLC formation service such as  Incfile.

2nd Step: Get an EIN

When you form your LLC, you will get an EIN which I mentioned earlier. The EIN will be part of the legal requirements by Stripe to set up your account.

3rd Step: get a US address using  Shipito

Another requirement is to have a US address. This one is not hard to get. In just 2 minutes you can get a US address using Shipito. They will give you a US house address when you signup.

4th Step: Get a US Phone Number

The fourth thing you will need is to get a US phone number. This is not also hard to get. There are many services out there that allow you to get a US phone number, one of which is Dingtone.

There are many of information on the internet showing you how to use Stripe in Nigeria but the method discussed in this post is the safest and risk-free method which is accepted to be legitimate by Stripe if you are from an unsupported country.

5th Step – Get a US Bank Account, alternatives are: Payoneer, Grey or Geepay

The last thing required in opening Stripe account is a US bank account. It is very simple to get a US bank, you can use Payoneer, Grey or Geepay. These financial institutions allow having a foreign bank account without stepping your feet into any physical bank.

To create a Payoneer, Grey or Geepay account is as easy as creating any other online account. You just need to type ‘Payoneer or Grey’ signup from your Search engine. It will give you options. Just click

You need a US bank in order to be able to withdraw from Stripe in Nigeria. When customers pay you through Stripe, you can move the money to your US bank account and from there decide whatever you want to do with it.

How to successfully open or Create a Stripe account in Nigeria in 2023