African Payment Methods

2 min. readlast update: 01.17.2025

Unlocking Seamless Payments Across Africa with KoraPay

Valor Markets is revolutionizing the payment landscape across Africa by offering tailored payment solutions that cater to the diverse needs of its customers in various countries. Here's an in-depth look at the payment methods available, how to utilize them, and the security measures that ensure safe transactions.

Diverse Payment Options

Valor Markets understands the unique financial landscape of each African country and provides a variety of payment methods to meet these needs:

  • Nigeria: Customers can utilize Bank Transfers, Card Payments, and the 'Pay with Bank' feature.
  • Kenya: Options include Mobile Money, Bank Transfers, and Card Payments.
  • Ghana: The primary method available is Mobile Money.
  • Cameroon and Ivory Coast: Residents can use Mobile Money, Bank Transfers, and Card Payments.

For customers in regions not listed, Valor Markets offers alternative methods like Cryptocurrency payments and ‘Pay by card’ powered by Helio.

Making Payments with KoraPay

To use your credit or debit card with KoraPay:

  1. Click on 'Deposit' and then select 'African Methods' and 'Confirm'.
  2. Choose the card payment option and securely enter your card details.
  3. Confirm the transaction through your card issuer’s security measures like OTP or SMS confirmation.

For mobile money transactions:

  1. Click on 'Deposit' and then select 'African Methods' and 'Confirm'.
  2. Select the Mobile Money option.
  3. Enter the mobile number linked to your mobile money account and complete the transaction as instructed.

Security and Support

KoraPay prioritizes security, utilizing advanced technologies to protect transactions and comply with both local and international regulations. Should you face any issues, Valor Market's customer support is readily available via LiveChat or email at support@valormarkets.com.

Fees and Accessibility

KoraPay imposes a transaction fee of 3% on the transaction value in Nigeria, Kenya, Ghana, Cameroon, and Ivory Coast. There are no additional charges from Valor Markets for deposits.

Who Can Use KoraPay?

Both individuals and businesses in countries where card payments are supported can take advantage of KoraPay’s services, making it a versatile choice for diverse financial needs across Africa.

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