Nigeria's Paystack launches in South Africa – and is charging 2.9% plus R1.00 per transaction
Nigeriaâs Paystack launches in South Africa â and is charging 2.9% plus R1.00 per transaction Business Insider SA facebook Paystack Paystack processes more than half of all online payments made in Nigeria and has now officially launched in South Africa. This comes after an acquisition deal in October 2020 which was reportedly worth $200 million (R2.8 billion). Now backed by Silicon Valley, the six-year-old fintech firm is set to challenge Yoco and FastPay on South African soil. And Paystack is undercutting its competitors’ per-transaction fees. For ...
Source: businessinsider.co.za