• Customer Care +234 01291 4359


A pioneer financial technology company that is dedicated to always proffering trend-setting solutions to the payment and financial settlement space. As the harbinger of innovative solutions we are relentless in our efforts to ensure that our solutions meet the demands of our customers...this is who we are!


Purchase application | Insurance application | Revenue collection | Church application | Waste management application | Transportation application | Software development kit


PAYPAD is an mPOS solution that enables businesses receive payments via a smart phone. The PayPad device is paired with a smart phone installed with a mobile application via Bluetooth/NFC connectivity. PayPad grants its users access to functions such as E-marketing, smart printing, sales analytics, payment acceptance, seamless integration, multi-location support, invoice & order issuance


E-marketing, smart printing, sales analytics, payment acceptance, seamless integration, multi location support, issuance of invoice and order

Change the way you receive payment with the PayPad solution

The PAYPAD Solution offers better transaction connectivity than the regular POS.

It allows you to keep track of transaction details and reduce paperwork.

Card and Cash collection.


Earn extra income, easy to use, guaranteed safe and secure transactions, integrate custom solutions

Cash and Card Transactions

The PayPad solution provides an alternative means of accepting payments, eliminating the sole reliance on cash acceptance. Merchants can now accept payments with their customer's debit cards reducing the risk of carrying large sums of cash.

24/7 Support

Our support staff is on standby to respond to and provide solutions on any issues users may experience using the PayPad solution.

Ease of Use

As demonstrated in the simplicity of the PayPad solution, merchants agree that they find the solution easy to use.

Transaction Mobility

Using the PayPad solution, merchants can now transact and monitor their businesses on the go. Unlike traditional POS, this affords merchants flexibility with their business and they keep tabs anywhere, anytime.

Certification and Security

PayPad is NIBSS & PCI certified, and EMV level 1&2 approved proving it adheres to industry best practice regulations. Security is also world class as sensitive information such as card details are not stored on the device. P2P encryption is also used as another security measure.


Since 2015, we have provided top of the line payment solution to MSMEs in order for them to grow their business efficiently. Currently, we have close to four thousand (4,000) merchants registered on the PayPad platform, and growing daily. Over the years, PayPad has proven to be the go to solution for merchants as it is Innovative, Dependable, Easy to use, Affordable, and Safe.


The PayPad solution is tested, trusted and currently deployed by 10 of the major Banks in Nigeria and is specifically tailored to each bank’s requirements and needs. This way, Banks are able to offer the solution to their merchants and customize it to suit each merchant’s needs, adding value to their businesses.

Download your PAYPAD Application

Get on board! Download the PayPad app today! (DOWNLOAD link to paypad app under this)

About us

We are a world class FinTech Company, and the first mPOS provider in Nigeria offering innovative and practical payment solutions to merchants. At PayPad, we are committed to making sure that MSMEs are provided with world class solutions as a response to their ever growing payment need. We task ourselves to stay up to date with changing trends in the financial space and evolve with the trend.

Latest Blog

The First NIBSS certified mPos device in Nigeria. Paypad has been proven to make receiving payments on the go easier.

Contact Us

Electronic Settlement Limited
13, Thorborn Avenue, Off Montgomery and Commercial Avenue, Yaba, Lagos. Nigeria.
Phone: 234(01)-2914359

© Electronic Settlement Limited. All rights reserved.