Merchant Payments in Nigeria — QR, Inventory & Sales for SMEs
Collect payments, track stock and see your sales — no POS hardware.
A small business needs three things from payments: the money to arrive, the record to be right, and the counter to keep moving. InspireMe Pay's merchant tools are built around those.
Customers pay by scanning your QR code, so you do not need a card terminal. Every sale is written into your records, and products you list by QR code keep your stock count in step with what you actually sold.
Your staff can be given their own access to collect payments, and an online store can be connected through a hosted checkout — all settling into the business wallet.
What merchants get
QR code collections
Display or print a QR code and let customers scan and pay straight from their wallet.
Product QR codes
Create a code per product so a scan records the sale against that item.
Inventory management
Keep product stock in the app and let sales update the count as they happen.
Sales reports
See what you sold, when, and how much came in — instead of reconstructing it from memory.
Staff access
Give employees their own access to collect payments without sharing your main account.
Online store checkout
Connect your online store to a hosted checkout page so web customers can pay too.
How it works
- 1Open a merchant store account and complete the business verification.
- 2Add your products and generate a QR code for the store and for individual items.
- 3Display the code at your counter, or print it for the shelf.
- 4Customers scan and pay, and the sale is recorded against the product automatically.
- 5Track the day's sales and stock levels from the merchant dashboard.
Why use InspireMe Pay for this
Available across Nigeria
Traders in Balogun and Computer Village, shop owners in Aba and Onitsha, pharmacies in Abuja, salons in Port Harcourt, restaurants in Ibadan and businesses in Enugu, Kano and Uyo use merchant QR payments instead of cash and card hardware.
More ways to use your wallet
Pay bills online →
Electricity tokens, TV, internet, airtime and data from one wallet.
Airtime to cash →
Convert MTN, Airtel, Glo and 9mobile airtime into spendable funds.
QR payments →
Scan and pay as a customer, or collect payments as a merchant.
Send money →
Bank transfers, wallet-to-wallet payments and a virtual account to receive on.
Virtual & physical cards →
Naira and Dollar virtual cards, plus physical debit cards you can carry.
International accounts →
USD, EUR and GBP accounts, plus cross-border payments for Nigeria.
Savings →
Fixed savings plans that earn interest, with auto-save from your balance.
Investments →
Investment plans, portfolio tracking and IPO subscriptions.
Loans →
Short-term loans from your wallet, subject to eligibility.
WhatsApp banking →
Send money, buy airtime and pay bills by chatting on WhatsApp.
USSD banking →
Check balance, send money and pay bills without internet.
Voice banking →
Pay bills and send money by speaking, in four Nigerian languages.
Airtime & data →
Instant recharge and data bundles on all four major networks.
Live metering →
Buy prepaid tokens and monitor your meter balance live.
Flight booking →
Search and book local and international flights from your wallet.
Event tickets →
Buy tickets for concerts, shows and events, paid from your wallet.
Languages →
Use the wallet in English, Yoruba, Hausa or Igbo.
See everything →
All InspireMe Pay services, channels and security features.
Frequently asked questions
How do I open a merchant account?
Apply for a merchant store from inside the app and complete the business verification, including the registration details requested for a merchant tier. Once approved, your store wallet, QR code and merchant tools become available.
Does a merchant need a POS terminal?
No. Collections are made by QR code, which you can display on a phone or print for the counter. Customers scan it and pay from their own InspireMe Pay wallet.
Can my staff collect payments?
Yes. Merchant accounts can give staff their own access to collect payments, so employees can serve customers without using your personal login. You control who has that access.
Can I track my products and stock?
Yes. Products are added to your store with their prices, and each can have its own QR code. A scan records the sale against that product and adjusts the stock level, and your sales reports show what has sold.
What does a merchant payment cost?
A processing fee and any applicable store tax are configured for merchant accounts, and the applicable charge is shown on the transaction. Your own store tax rate, where set, is displayed with your merchant settings.
Can I accept payments from my online store?
Yes. A hosted checkout can be connected to your online store so web customers pay through a checkout page rather than a manual transfer, and the payment settles into your merchant wallet.
Start with your wallet
Create a free InspireMe Pay account, fund your wallet, and use it from the app, WhatsApp, USSD or by voice.