BrandArena: 5 Things You Need To Know About Paystack

Monday 3 June 2019

5 Things You Need To Know About Paystack

Paystack is an online payment gateway that makes it easy for merchants to accept credit and debit card payments online from users or customers.

Here are 5 things you need to know about the Paystack: 

Paystack accept dollars
With Paystack, you can accept payments from international customers, wherever they are in the world. You can accept payments from internationally-issued cards, display prices in USD, and also get settled in USD.

Paystack Charge Plan 
Paystack has different charging plans in place for customers. For cards issued by Nigerian banks, Paystack will take a fee of 1.5% and an additional #100 on every transaction.

Paystack is Safe 
Paystack is a PCI-certified, auditor certified, PCI Service Provider Level 1 - the highest certification level. Paystack’s combination of automated and manual fraud systems protect you from fraudulent transactions and associated chargeback claims. All connections to our services are forced to happen over HTTPS using TLS 1.2 (SSL). We use HSTS to ensure browsers interact with Paystack only over HTTPS.

Paystack is easy to set up 
Before you can start accepting real money as a Registered Business on Paystack, you'll need to activate your business. Go to the Get Started page on your Dashboard, on the "Activate Your Business" section of the page, then click on "Start". You should see a page that looks like the image below. If a transaction fails on Paystack, it's highly unlikely it'll work anywhere else. That's a bold claim, and we stick by it. Here's how we do it.

Get your money within 24 hours
Receive your money automatically in your bank account within 24 hours after payment is made. We settle all merchants before 10 AM, every morning. Paystack also provides detailed reporting, alerts, and exports, so you and your team are always on top of business.

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