Paystack, The Best PayPal Alternative for Africans. How to Open Account

Paystack is an Africa’s modern payment platform and a contender of PayPal for Africa. PayPal, of course, is not available in all African countries.

Read Our Intro: Paystack

Paystack has come to provide that cutting-edge solution many would have wished to have. It is a modern payment platform that allows users to make and receive payment across the world.

It is Africa’s own and it can be accessed in all African countries. Using Paystack is so simple and it provides a stress free system to receive and make payments for good and services. Receiving and making payments don’t have to be stressful.

The platform is widely accepted and backed by several companies across the globe. Trusted by the Dominos, Bolts, MTN and many other multinational companies

We are going to look at some solutions, benefits associated with the Paystack and how to create an app. These features tell Paystack; is the greatest PayPal alternative for Africa.

Paystack is made for who?

Everyone at all can use it, anyone who transacts businesses within and across his country of origin. The PayPal alternative, Paystack is made for;

1. Individuals
2. Entrepreneurs
3. Large organisation
4. Global brands

What do I need to create and use?

What you need to create a Paystack account is not far from fetch. You just need;

1. Your Identity Card
2. An active email address
3. And a mobile number
4. Proof of residence document. This could be any of your utility bill, a recent one; not more than 6 months old.

What are the benefits and why do I need to use the PayPal alternative, Paystack?

In fact, like I said earlier Paystack is the best PayPal alternative that offers effective and efficient payment platform for its users to make transactions across the world. The following are some reasons you need to use the PayPal alternative, which is Paystack

1. It allows you to link your mobile money number to the account. Send money to and fro the account using your mobile money account
2. You can also link your bank cards to the payment platform.
3. The rate charged on transactions is compared to none. It doesn’t matter the destination of your transaction. Rates apply are very phenomenal.
4. Transfers between parties are instant. No need to call a middleman or use an escrow services. Just tap and send, have receiver receives money in seconds.
5. The PayPal alternative, Paystack, allows you to retrieve all data relating to your transactions and that of customers.
6. Before making any transactions using the platform, you can verify the identity of the customer or the receiver at the other end.
7. Its systems allow no mean for fraud related issues. 2-factor verifications systems are in place to make every transaction secure and safe.
8. You are able to have detailed reporting on all your transactions within a click of a button.

Where can I find office locations of Paystack?

Your number one PayPal alternative has offices in the following locations.

1. Accra, Ghana
2. Lagos, Nigeria
3. San Francisco
4. Dubai
5. Cape Town, South Africa

To know the specific locations do well to use the website address that will be provided when we are looking at how to create and use Paystack account.

READ: 6 Types of Business Risks and The Best Ways to Manage Them

How you can create and use Paystack?

Creating Paystack account doesn’t have to be difficult and it is of course the same as creating any other online account. Due to systems put in place by Paystack to ensure safety of transactions while using the platform, there are few processes one has to undertake aside the usual processes. Check out the following to create and use your Paystack account.

1. Log on to the website by tapping on the hyperlink named, Paystack.
2. Select and provide the following; country, business name, personal information, email address, phone number and password.
3. Select the type of business (starter or registered business)
4. Choose if you are a software developer or not (Yes, I am and No, I’m not)
5. Consent to creating the account and click on ‘Create My Account’.

This ends the first phase of the account creating processes. An email will be sent to your email address you provided.

Tap on the account verification in the link provided in the email to continue the processes.

Next faces of the registration include;

• Profile
• Contact
• Owner
• Account
• The profile will contain your name, address, number, etc.
• Provide your contact information
• After each step, click on next at the right side of the registration processes.
• You will be asked to provide your mode of identification, like national identity, proof of address, nationality, get a scanned copy of your utility bill and national ID card and upload them.

Follow through the processes and your account will be activated for you to use.

Now you can use your newly created account to send and make transactions across the globe. You can use the link below in case you didn’t see the one above. Click here to register

Don’t worry if you didn’t complete the processes while doing the registration, you can always go back and continue. Don’t rush to go through the processes.

Enjoy your new payment platform and enjoy the benefits it comes with.

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