Licensed by CBN

Payment Solutions for Businesses

LOTUS Bank offers innovative business solutions for startups, small businesses, and large establishments. Payment solutions tailored for merchants/agents – from divers payment features to financing and transaction monitoring

Merchants/SMEs

From small shops to chain outlets, our payment solution dashboard is built to suit your every transaction monitoring needs. Manage your business transactions from anywhere in the world.

Swift Transfers

Accepting transfers with receipt is just a click away. Use your mobile app or USSD to make transfers and get instant notifications – Quick, Seamless and efficient.

Seamless Card Payments

Our devices are open to all domestic issued cards (Verve, Mastercard, Visa and Afrigo Card schemes). You can also make your foreign clients feel at home as we now accept international debit cards on LOTUS Bank POS device.

Instant Settlements

Receive payments in your account with no delay. Get settled in seconds and boost your business.

Scan to Pay (NQR)

Make payments using NQR from any mobile app. Just scan, confirm merchant name, include the amount and voila!!!

Agency Banking

We believe in expanding access to banking services and empowering local businesses through our Agency banking program. Partner with us to offer essential financial services to your community while driving growth and profitability for your business. Fast, secure, and versatile- perfect for handling transfers, withdrawals, utility bill and a lot more on the LOTUSmart Agency Banking platform.