Paystack
Modern payments infrastructure
4.6(45K+ reviews)
Founded 2015Lagos, Nigeria (Stripe subsidiary)Users
60K+ businesses
Rating
4.6/5
Founded
2015
KYC
Required
About Paystack
Paystack is Africa's leading payment gateway, acquired by Stripe in 2020 for over $200 million. It powers online and offline payments for over 60,000 businesses across Nigeria and Africa with simple API integration and reliable processing.
Features
Online payment processing
Recurring billing/subscriptions
Split payments
Payment links
Invoicing
Payment pages (no-code)
Multi-currency support
Dedicated NUBAN accounts
Fee Structure
| transfers | Payouts: N10-N50 |
| maintenance | Free to set up |
| other | Local cards: 1.5% + N100 (capped at N2,000). International: 3.9% + N100 |
Pros & Cons
Pros
- Most reliable payment gateway in Nigeria
- Excellent developer documentation
- Backed by Stripe (global standard)
- Wide payment method support
- Fast integration time
Cons
- Higher fees than some competitors
- Settlement can take 24 hours
- Not for personal use (businesses only)
- International fees relatively high
Links
User Reviews
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