Founded in early 2009 by Nigerian-American entrepreneur Tayo Oviosu, Paga was created with the goal of simplifying access to and use of money. Today, Paga has over 23 million unique active users who rely on the Paga Wallet to send money to family and friends (peer-to-peer), buy airtime, pay utility bills such as electricity and internet, and make bank transfers. Paga Wallet is particularly popular for everyday purchases with merchants, both online and offline.

Since its inception, Paga has processed over 350 million transactions, worth more than 15 trillion Nigerian Naira (~ 10 billion USD). Paga Wallet has played a significant role in promoting financial inclusion for both small businesses and individuals in Nigeria by providing essential financial services to millions who might otherwise lack access to traditional banking or the ability to make card payments.

Including Paga Wallet in their online checkout allows international merchants to tap into and benefit from a large and expanding user base in Nigeria.