Paga

Paga

Nigerian Mobile Money

VS

Nequi

Colombian Mobile Wallet

Nequi
Fees from
1% - 2% per transaction vs From 1.5% + VAT per transaction
Features

3 shared

Regions

0 shared

1 unique to Paga · 1 unique to Nequi
Pay methods

4 shared

1 unique to Paga · 3 unique to Nequi
On fees

Paga publishes 1% - 2% per transaction from. Nequi publishes From 1.5% + VAT per transaction from. Verify directly with each provider before signing.

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Show full specs
3 features · 8 payment methods · 2 regions. We don't rank these — they're here for reference.
Paga Paga
Nequi Nequi
Quick Facts
Fees
Standard transaction rate
1% - 2% per transaction
From 1.5% + VAT per transaction
Settlement
Time to receive funds
Next business day
Next business day
Founded
2009
2017
Headquarters
Lagos, Nigeria
Bogota, Colombia
Sandbox / Test Mode
✓
✓
Webhook Support
✓
✓
Features
Instant Payout
✓
✓
Low Fees
✓
✓
Startup Friendly
✓
✓
Payment Methods
Nequi leads (7 vs 5)
Bank Transfer
✓
✓
Cash Unique
—
✓
Credit Card Unique
—
✓
Debit Card
✓
✓
Mobile Money
✓
✓
Mobile Wallet
✓
✓
Qr Code Unique
—
✓
Ussd Unique
✓
—
Regions
Africa Unique
✓
—
Latin America Unique
—
✓

Paga is best when you...

Nigerian Mobile Money
Want coverage in Africa
Nequi doesn't cover this region
View Paga

Nequi is best when you...

Colombian Mobile Wallet
Want coverage in Latin America
Paga doesn't cover this region
View Nequi

Frequently Asked Questions

What is the difference between Paga and Nequi?
They share 4 payment methods and 0 regions. Paga adds USSD that Nequi does not list; Nequi adds Cash, Credit Card, QR Code that Paga does not list; Paga also covers Africa; Nequi also covers Latin America.
Which is cheaper, Paga or Nequi?
Paga has published rates from 1% - 2% per transaction; Nequi has published rates from From 1.5% + VAT per transaction. Headline rates exclude fixed per-transaction fees, FX and chargeback costs, so model your own mix before deciding.
Where can I use Paga and Nequi?
Paga lists 1 region and 5 payment methods; Nequi lists 1 and 7. Check the country list on each profile before onboarding — regional coverage is not the same as local acquiring.
How do Paga and Nequi compare on integration and settlement?
both offer a sandbox; both support webhooks; Paga settles in Next business day, Nequi in Next business day.

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Data on this page is indicative and may be out of date — always verify fees, coverage, and terms directly with each provider before signing. Comparisons are generated from published data and provider-submitted updates; they are information, not advice or an endorsement. Some outbound links may earn us a referral commission — commissions never influence scores or rankings.

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