Everything about Paystack Wikipedia (2022 updated)

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Everything about Paystack Wikipedia (2022 updated)

Paystack is a finance technology company solving payments problems for digital marketers. Their service is to help online marketers in Africa become profitable, reliable, fast, liked, etc. In this post, we are going to talk everything like a Wikipedia about Paystack with you one by one.

The use of Paystack in your business can enable you accept payments from customers using different payment channels such as: cards, mobile money accounts, QR codes, directly from their bank account or USSD. If you use the the Popup or Redirect method, the paying customer will be shown all the payment methods selected on your dashboard during checkout.

Founder of Paystack

Shola Akinlade.

The founder and CEO of Paystack is Shola Akinlade who was born in Lagos, Nigeria and attended St Gregory’s College before proceeding to Babcock University for a Bachelors Degree in Computer Science.

Paystack was founded in 2016 by Ezra Olubi and Shola Akinlade. After witnessing the inefficiencies of payment processing in Nigeria, Ezra Olubi saw the potential for a disruptive online payments platform.

Now, let’s start explaining everything about Paystack like Wikipedia!

How does Paystack work

Paystack works amazingly in processing all transactions for you. Once you have activated Payment with Paystack from your account, you can accept payments immediately. Funds paid by your payees (customers) are reflected on your Paystack dashboard instantly.

Countries where Paystack operates in

Paystack operates in different African countries and helps people pay from where ever they in the world. Some African countries where Paystack works are Ghana, South Africa, Kenya, Nigeria, etc.

How to withdraw from Paystack

Paystack enables their customers withdraw or receive their money automatically in their bank account within 24 hours after payment is made by their customer. They settle all merchants before 10 AM, every morning.

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How to fund Paystack account

For you to fund or top up your Paystack account, follow the instructions below carefully}

  1. First, go to the Home Page of the Paystack and login to your dashboard.
  2. After that, you’ll see a section labeled ”Balance”, click it and then click ”Topup”.
  3. Enter the amount you want to fund with and click ”Topup” button.

How to login to your Paystack account

To login to your Paystack account or dashboard, click here, then enter your email address and password and finally click ”Login” tab located at the bottom of the login page.

Paystack customer care and how to contact them

For enquiries, support or request, please contact Paystack customer care via the email address: [email protected] or visit their website at www.paystack.com and click ”contact us” button.

Paystack mobile app

With your mobile device, you don’t need to visit Paystack website anytime you want to make some basic transactions. Click here to download Paystack mobile app on your android from Google Play Store or download it from Apple Store by clicking here.

Paystack sign up

To successfully sign up for Paystack, you have to submit only three things which are:

  1. Bank Verification Number (BVN)
  2. Your Bank Account Number
  3. Evidence of Identity like your Passport, Driver’s License, etc.

Paystack latest careers and how to apply

If you have what it takes to work at Paystack, please click here to read one of our articles that has explained top latest Paystack careers and how you can apply.

See this also: how to use Paystack to receive and transfer money (step by step).

Using Paystack to pay with bank

As a customer of Paystack, you can now pay directly from your bank accounts! It’s really simple for you to use this new payment option.

To use Paystack to pay with bank, simply visit the website that uses Paystack as their payment method, then enter your bank account number, wait for a moment and get an OTP from your bank and finally click ”Pay”.


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