KonetPay on the CBN register: what the listing shows and what it does not
Konetpay Nigeria Limited appears on the Central Bank of Nigeria's Payment Service Providers register under two authorisation categories. A short note on what that means and what it does not.
Konetpay Nigeria Limited is listed by the Central Bank of Nigeria as an authorised Payment Solution Service Provider (PSSP) and Payment Terminal Services Provider (PTSP). The listing is on the CBN's Payment Service Providers register, which was checked on 5 October 2026.
What the register shows
The register lists the company under two separate authorisation categories: PSSP Authorisation, at entry 59 in that section, and PTSP Authorisation, at entry 31 in its own section. Entry numbers can change as the register is updated.
What it does not show
The listing covers those two categories. On its own it does not describe any other kind of authorisation, and this note does not infer one. It is a statement about the company's regulatory listing, not about any particular merchant account or about how a payment is processed.
Reading it alongside the product
The Central Bank of Nigeria is KonetPay's regulator, not a commercial partner. KonetPay describes its own onboarding as starting in test mode, with live credentials issued after a compliance review. The register listing does not change that process.
Sources and attribution
This article draws on the sources below. Statements made by Wale Ajisebutu or by the company are attributed in the text and are not presented as independently established.
- Central Bank of NigeriaPayment Service Providers register, checked 5 October 2026
- KonetPay public siteHome and get-started pages (onboarding in test mode, live after review)
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