Nigerian Payments, Solved.
Paystack is the easiest way to accept one-off and recurring payments online. We’ve figured it all out for you, from start to finish. No set up costs, no token, no redirects, no commitments.
Source: Paystack Blog
Oh my, I have waited to write this post for years! The title was ready 3 years ago.
For quite a long time, I and many others kept on lamenting about the dire state of Nigerian payments especially as it involved digital payments. It led me to write a blogpost where I lamented life as a second class citizen of the web saying
Don’t fucking worry about bridging the digital divide, just level the playing ground!
Of course I am not including the times I shamelessly pleaded fro Stripe to “come to Nigeria” (Hey, don’t come now, we’re good) and my compatriots launched a petition to bring Paypal to Nigeria.
So what were the main issues?
it is practically IMPOSSIBLE to build an Internet company without the ability to collect money easily and store the cards securely to charge again.
Almost none of the YC companies would be viable without it. Same as Apple, Microsoft, Amazon etc.
Anyway, it’s all sorted now. A little boy in Jigawa can quietly build his SaaS company and get paid for it. A little girl in Ebonyi can easily sell goods digitally and sell to the world.
Take it from me, Paystack is a big deal and it is 100% Nigerian made for the make benefit of Nigerians and Africa. The recognition of its importance will be apparent soon
Shola, you did it man. Congratulations to you and your team. The real work begins now.