A clear, step-by-step view of what happens after you apply. At each step you can see what you do, what PayKato does, and what the licensed payment partner does.
| # | Step | Merchant action | PayKato action | Partner action |
|---|---|---|---|---|
| 1 | Apply | Submit your business details and contact information. | Collect business details and open your application. | — |
| 2 | Upload documents | Upload your ID, CAC certificate (if applicable), and proof of address. | Review your KYC and KYB submission. | Verify eligibility against partner requirements. |
| 3 | Create invoice or payment link | Create your first invoice or payment link in the dashboard. | Enable your merchant dashboard and link tools. | Enable checkout on the supported processor. |
| 4 | Customer pays | Share the link or invoice with your customer. | Track the payment and show real-time status. | Process the payment through the licensed processor. |
| 5 | Settlement | Review the transaction and confirm the amount. | Show fees, FX, and settlement status clearly. | Release funds once cleared by the processor and bank. |
| 6 | Payout | Receive NGN in your verified Nigerian bank account. | Coordinate the payout instruction with the partner. | Send the NGN payout to your bank account. |
Prepare your documents using the onboarding checklist, then submit your application. The PayKato Nigeria pilot reviews every merchant individually before live payment access is enabled.
PayKato is not a bank and does not hold customer funds. Live payments are processed by supported licensed partners. Specific processors, settlement timing, and payout availability are confirmed during onboarding.