Paystack
Paystack is a payment processing platform focused on African markets, particularly Nigeria, owned by Stripe. In Nigeria, local card transactions cost 1.5% plus 100 naira, capped at 2,000 naira, while international cards cost 3.9% plus 100 naira.
Facts checked on against the sources listed at the end of this page.
- Pricing
- Pay as you goPaid from 1.5% + ₦100 per transaction (Nigeria, local cards, capped at ₦2,000)
- Open source
- NoProprietary
A good fit for
- Businesses operating in Nigeria or other African markets Paystack supports
- Merchants needing local payment methods like bank transfers, mobile money and USSD
- Businesses wanting the backing of Stripe's infrastructure with Africa-specific pricing and methods
- Nigerian businesses processing mostly local cards, where the fee cap limits cost on larger transactions
Not a good fit for
- Businesses operating entirely outside Paystack's supported African markets, where Stripe's own products may be a more direct fit
- Merchants wanting a single global processor with uniform pricing across every country
- Very small businesses in markets Paystack doesn't yet support
Paystack pricing
In Nigeria, local card transactions cost 1.5% plus 100 naira, capped at 2,000 naira per transaction, while international card transactions cost 3.9% plus 100 naira. Pricing varies by country for Paystack's other supported markets.
| Plan | Price | What you get |
|---|---|---|
| Nigeria, local cards | 1.5% + ₦100 per transaction, capped at ₦2,000 | Card payment processing for Nigerian-issued cards. |
| Nigeria, international cards | 3.9% + ₦100 per transaction | Card payment processing for internationally issued cards. |
Prices in USD, checked on 27 September 2026. Current prices on paystack.com.
Main features
- Local payment methods
- Supports bank transfers, mobile money and USSD alongside card payments, common in African markets.
- Multi-market support
- Operates in Nigeria, Ghana, South Africa, Kenya and other African markets with local pricing.
- Capped local card fees
- Local Nigerian card transactions have a fee cap, limiting cost on larger transactions.
- Developer API and SDKs
- REST API and mobile SDKs for integrating payment acceptance into apps and websites.
About Paystack
Paystack provides payment processing for businesses operating in Nigeria and other African markets, supporting card payments, bank transfers, mobile money and USSD, methods commonly used across the region alongside traditional cards.
Stripe acquired Paystack to extend its reach into African markets, and Paystack continues to operate under its own brand with pricing and payment methods tailored to local markets rather than Stripe's global card-only rates.
Beyond Nigeria, Paystack also supports businesses in other African countries such as Ghana, South Africa and Kenya, with market-specific pricing and payment method support.
- Made by
- Stripe (Paystack)
- Free plan
- No monthly fee; fees are charged per transaction
- Available on
- Web, Mobile SDKs, REST API, Multiple African markets
Paystack alternatives
Questions about Paystack
Who owns Paystack?
Paystack is owned by Stripe, which acquired it to expand into African markets.
How much does Paystack charge in Nigeria?
Local card transactions cost 1.5% plus 100 naira, capped at 2,000 naira, while international cards cost 3.9% plus 100 naira.
What markets does Paystack support?
Nigeria, Ghana, South Africa, Kenya and other African markets, each with its own pricing and supported payment methods.
Does Paystack support mobile money?
Yes, alongside cards and bank transfers, Paystack supports mobile money and USSD payments common in its markets.
Sources and links
Work on Paystack? Claim this listing. Something wrong or out of date? Suggest a correction. Stats come from the public GitHub and npm APIs and update every day.