Vastel Business · crypto → Naira
Let your customers fund with crypto.You settle in Naira.
Vastel Business is a crypto to Naira payment gateway and API for Nigerian businesses. Accept crypto payments, convert crypto to Naira instantly, settle to your balance, and pay out to Nigerian bank accounts.
Platform
Built like payment processors — for crypto funding
Think Monnify or Payvessel, but for crypto-to-cash deposits: we process and collect crypto payments for merchants, then settle everything in Naira.
Wallets for every customer
Generate deposit addresses for users on your platform, each linked to your Merchant ID for clean ownership and reconciliation.
Auto convert to Naira
When crypto lands, we convert it to NGN on our rails, credit your merchant balance, and keep crypto custody off your stack.
Instant settlement alerts
Get webhook notifications with the Naira equivalent so you can credit end users for airtime, data, or in-app spend.
Bank payouts
Withdraw settled NGN to verified business bank accounts tied to your KYC — protected by your security PIN.
API keys & dashboard
After approval, regenerate public/secret keys, track deposits and balances, and repush failed notifications.
KYC-first onboarding
BVN or NIN name-match, unique phone, and business documents before wallets go live — one identity per merchant.
Flow
From signup to settlement
Merchants and end users see amounts in Naira. Crypto rates are shown for reference — neither party holds the crypto.
- 01
Register & get approved
Create an account, verify email, set a security PIN, complete BVN/NIN + business KYC, then wait for admin activation and your Merchant ID.
- 02
Provision user wallets
Via API, create wallets for customers using your Merchant ID. Users deposit crypto to those addresses on your product.
- 03
We convert & notify
Incoming crypto is converted to Naira, credited to your merchant balance, and your webhook fires so you can credit the end user.
- 04
Withdraw when ready
See cumulative unpaid balances, review settlements, and withdraw NGN to your bank with your security PIN.
Testimonials
Businesses who settle in Naira
“We wanted customers to fund with USDT and spend in Naira on airtime and data. Vastel handles the wallets and conversion — we just credit users from the webhook.”
“The dashboard finally shows every deposit in NGN with a clear merchant balance. Payouts to our business account with a PIN feel safer than sharing OTPs everywhere.”
“Onboarding with BVN/NIN and unique phone checks kept our compliance team calm. Once approved, API keys and settlement notifications were straightforward.”