Research
GSMA Mobile Money API Specification vs Open Banking Nigeria API Standard
A verified, side-by-side comparison. Both records are status-checked by Findra, so you are comparing what each actually offers today, not a stale listing.
Category
Research
Research
Type
Standard
Standard
Country
🌍 Pan-African
🇳🇬 Nigeria
Docs status
Docs live
Docs live
Licensing
Pricing
Free / open
Free / open
Verified
Unverified
Unverified
Last verified
5 Jul 2026
5 Jul 2026
Tags
fintech, mobile-money, open-standard, payments-api, gsma
payments, open-banking, fintech, nigeria, api-standard
Summary
The GSMA Mobile Money API is a harmonised, industry-governed REST and JSON specification covering common mobile money use cases such as merchant payments, disbursements, P2P and international transfers, bill payments and account linking. It defines a standard set of transaction types abstracted from provider-specific implementations and ships a developer portal with a sandbox simulator, an OAuth 2.0 gateway and SDKs. Version 1.2 is the current release.
The Open Banking Nigeria API Standard is a RESTful specification for secure data sharing and payment initiation between Nigerian banks and third-party providers. It defines Registration, Meta Directory, Data-Inquiry (Open Data) and Payment API categories and is maintained by the Open Technology Foundation. It aligns with the Central Bank of Nigeria's open banking regulatory framework, for which the CBN issued Operational Guidelines in 2023.