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What Is Paystack And How Can It Benefit My Business In 2023?

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What Is Paystack And How Can It Benefit My Business In 2023?

May 6, 2021

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Powering a new generation of businesses in Africa

Paystack is a technology company solving payments problems for ambitious businesses. Their mission is to help businesses in Africa become profitable, envied, and loved.

A growth engine for modern businesses in Africa

Paystack builds technology to help Africa’s best businesses grow - from new startups, to market leaders launching new business models.

We make it easy for businesses to accept secure payments from multiple local and global payment channels, and then we provide tools to help you retain existing customers, and acquire new ones.

As makers and business owners ourselves, we’re inspired by a vision of millions of exceptional businesses across the continent who’re profitable, envied, and loved. We believe that in our lifetimes, businesses in Africa will routinely go toe to toe with the best companies on the planet, and win. Building that world gives us purpose, every day.

Modern online and offline payments for Africa

Paystack helps businesses in Africa get paid by anyone, anywhere in the world.

Give your customers the gift of modern, frictionless, painless payments. Integrate Paystack once and let your customers pay you however they want.

  • Card
  • Bank Account
  • Bank Transfer
  • USSD
  • Visa QR
  • Mobile Money
  • POS (Coming soon)
Enjoy phenomenal transaction success rates

We automatically route payments through the most optimal channels, ensuring the highest transaction success rates in the market.

Build custom payments experiences with well-documented APIs

Developers love Paystack's thorough, well-documented APIs that let you to build everything from simple weekend projects, to complex financial products serving hundreds of thousands of customers. If you can imagine it, you can build it with Paystack.

  • Collect one-time and recurring payments from your app or website
  • Make instant transfers
  • Retrieve all your transaction and customer data
  • Verify the identity of customers
Build custom payments experiences with well-documented APIs

Developers love our thorough, well-documented APIs that let you to build everything from simple weekend projects, to complex financial products serving hundreds of thousands of customers. If you can imagine it, you can build it with Paystack.

  • Collect one-time and recurring payments from your app or website
  • Make instant transfers
  • Retrieve all your transaction and customer data
  • Verify the identity of customers

Trusted by 60,000+ businesses

Thousands of organizations of all sizes trust Paystack to grow their business.

Paystack for Global Brands

  • Paystack helps international technology companies get paid quickly and securely by customers in Africa.
Paystack processes over 50% of all online transactions in Nigeria

We have a robust suite of well-documented payments APIs and deep knowledge of the Nigerian payments landscape, making us ideal partners for international technology companies looking to accept payments in Nigeria.

Paystack for Entrepreneurs

  • Paystack helps entrepreneurs like you accept payments online. Fast set up. Quick payouts. No long stories.
Get paid even if you don’t have a website

Create a Payment Page in 2 mins with Paystack, and share that link via SMS, Instagram DM, WhatsApp chat, or however you communicate with your customers.

  • No developers needed
  • Your customers will be able to click and pay you instantly

Paystack for Large Organizations

A complete payments solution to power all scales of growth

Paystack helps many of the largest corporate and government organizations in Nigeria get paid quickly and securely.

Detailed reporting for accounting, reconciliation, and audits

Export your payments data however you want, whenever you want.

  • Download granular transaction, customer, and error rate data
  • Receive daily and weekly automated email reports
  • Pull in your payments data into your internal dashboards and accounting/reporting tools

Simple, fair pricing

Paystack only makes money when you do.

For Local Transactions

2.9% + ZAR 1

  • ZAR 1 fee waived for transactions less than ZAR 10
  • No upfront or monthly fees
  • All payouts are free
For International Transactions

2.9% + ZAR 1

  • Get paid by your customers from all over the world
  • International cards are charged and settled in Rand by default
Some of the businesses that uses Paystack for all their Payment Gateway needs.

About Honey Whale: Your local SEO & Shopify Experts

For over 8 years, Honey Whale has been at the forefront of the boom in eCommerce in South Africa. Providing comprehensive Shopify & SEO services, we help businesses of all sizes easily navigate the online world and thrive. Through our SEO Services in Johannesburg, SEO Services in Cape Town and our Shopify Expert services, we can elevate your business to stand out from your competitors and dominate the online world. Get in touch with us today, or read more tips, tricks & insights on our blog.

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