Integration with the Instant Pay APIs requires specific identification details during the creation of virtual accounts. The acceptable IDs vary depending on the business category and sub-category. These requirements ensure that accounts are properly validated and in compliance with regulatory standards.
Attempting to create virtual accounts with the incorrect IDs will return an error.
Below is a detailed breakdown of the acceptable IDs based on business types. The required IDs are:
- BVN (Bank Verification Number): A unique identifier for customers/users linked to their bank accounts.
- NIN (National Identification Number): A unique identification number issued by NIMC in Nigeria.
- Phone Number or Email: Contact information of the customer or the entity using the account.
This category requires BVN, Phone Number, or Email
ID Requirements by Business Category
| Business Category | Acceptable IDs |
|---|---|
| Agriculture | BVN or NIN |
| Commerce | BVN or NIN |
| Construction | NIN, Phone Number, or Email |
| Education | BVN, NIN, Phone Number, or Email |
| Energy | BVN or NIN |
| Fashion & Personal Care | NIN, Phone Number, or Email |
| Financial Services | BVN or NIN |
| Gaming | Phone Number or BVN |
| Health | Phone Number or NIN |
| Hospitality | NIN, Phone Number, or Email |
| Leisure & Entertainment | Phone Number or NIN |
| Non-Profits | NIN, Phone Number, or Email |
| Travel & Logistics | NIN, Phone Number, or Email |
| Utilities | BVN, Phone Number, or Email |
These IDs are essential to validate the authenticity of businesses operating in various sectors.