Squad by GTCO (GTB): How to Register/Signup and Start Accepting Payments in Just 15 Minutes; SquadCo Pricing & Commissions


‘Squad by GTCO’ is a product of HabariPay Limited, a subsidiary of GTBank Nigeria – who itself is one of the 11 subsidiaries of GTCO Plc. On 1st June 2022, the official Twitter page @officialsquadco of the Squad announced its full readiness to take on the payments and ecommerce market in Africa.

In this article, I will highlight everything you need to know about SquadCo by GTCO. I will touch topics ranging from pricing of the different transactions to how to signup for SquadCo by GTCO.

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How to Sign Up on Squad By GTCO

This has been one of the easiest things I’ve ever done on the internet. It was smooth and seamless, and was all done by the end of just 10 minutes.

Whether your business is registered or not, you can legitimately own and run your business account with Squad.


Here is a step-by-step guide on how to create a free account on Squad:

  1. Visit the Squad Website
  2. Tap Signup
  3. Enter your first and last names
  4. Enter your Business Name, as you want it to appear in all you business dealings
  5. Enter your phone number and email
  6. Create a strong password
  7. Submit

That’s it. You’re in!

Once you’re logged in, you need to upgrade your Know Your Customer (KYC) status. That is, you must do the fofllowing:

  1. Verify your email address
  2. Verify your phone number
  3. Enter your NIN
  4. Verify your BVN
  5. Enter a verifiable physical address
  6. Add other business details
  7. Link your bank account
  8. Create a USD account (if need be).

Once you complete the listed tasks, your KYC request will be reviewed by the Squad Team, and a response will be issued 24 hours from when you registered.

Without upgrading the KYC, you may be able to do some transactions but you will definitely be limited.

Services Offered By Squad by GTCO

Squad by GTCO offers complete payment solutions for your business. It does not really matter if you have registered your business with CAC or not.

Below is a list of all the services Squad by GTCO can help you complete seamlessly and swiftly:

Payment links

Once you signup on Squad, whether you’re a store owner, developer, fashion designer or a content creator Squad makes it easy to accept payments for everyone.

From Squad, you can share links mapped to your bank account with your customer on various social media platforms.

There are various link types:

Recurring payment links

With this, you can create a link that allows you request recurring and installment payments from your customers.

Simple payment links

You can also create a one-time payment link and share with your customers and you decide how long the link is valid for.

Product payment links

You can also create payment links specifically for each product and share with your customers wherever you communicate with them.

Donation links

Raise money for a cause close to your heart by creating a Squad donations link to share within your circle or on various social media platforms.

Payment gateways

The payment gateways made available by Squad are debit/credit cards, USSD, and bank transfers.


SquadPos is an innovative new technology that allows merchants to accept card payments directly on their mobile devices without any additional hardware, or POS machine.

You can simply allow your customers make payment by holding their contactless card close to your mobile device making it cost-effective and simple. This, in my opinion, is even a better alternative to the traditional POS machine.

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Once you signup on Squad, it enables its users to create an account in the free Habari Deals Marketplace and market their products. All for free.


Once you signup on Squad, you enjoy zero maintenance cost, unlimited products can be displayed, supports 3rd party integration and migration, and you can accept payments internationally and locally.

How Much Does Squad Charge Merchants Per Transaction? (Pricing Information)

Squad is, not only an efficient platform for business transactions, but also one of the cheapest.

You’ll agree with me when you see the ridiculously low claimable commissions on transactions.

Here’s a table of all the pricing information for the different Squad Services:

Transaction TypePricing (Local Transactions)Pricing (International Transactions)
Payment Links1% + 50 Naira3.5% per transaction
SquadPOS0.5% per transation (capped at 1000 Naira)
USSD0.6% per transaction (cappeed at 1000 Naira)
Virtual Accounts0.5% per transaction (capped at 1000 Naira)

Squad Support Center

In case you have an issue with any of Squad’s products or services, or you simply need to make a quick inquiry, you can reach Squad by GTCO by filling their ‘contact us’ form.

  1. Akpogume morison Eruore says

    Pls Squad kindly refund my xxxxxx flight ticket to calabar money to my GT account 015xxxxxxx. It is disgusting for you people to send my refusals mail, that my money cannot be refunded, without me traveling with xxxxxx, who asked me to check my bank for the declined. This my details Cxxxxxx12.
    I have sent mail to get consumer service, no reply but squad sent me a mail of refusal base on what I don’t know. Kindly sort this money back to my account.

    1. Gbenga says


      It’s not advisable to divulge personal information on a public platform like this one. If you’ve got a complaint, Squad’s contact details are in the article – go ahead and send them a message directly.

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