obviously, the registration process and requirements have changed since this video was made. Paystack, please update this tutorial to reflect the current process.
I created a paystack account but I haven't verified it with CAC yet, I'm just trying to connect with my customers for now to see how it works but I heard i can only make transaction of 1millon naira until I upgrade to registered business so i want to ask is the limit daily?
Hi, Pls I have a registered business,my business accept only dollars as a payments at the moment.i have a USD dorm account with GTBank ,will it be necessary to open a cooperate account? Or my dorm account is ok? Thanks
Hi Miriam a dorm account will be fine. It is however advisable to upload two bank accounts - a corporate bank account in case you ever receive Naira payments and a dorm bank account for your USD payments.
Thanks for this detailed guide. However, in order to be able to receive international payments, what if the CAC registration is in the category of “sole proprietor” does that make it impossible to register for international payment?... seeing that you used two director’s info in ur demo.
Hi Dawodu, depending on the type of your Paystack account, you'll need a number of documents such as a CAC pack, and BVN. See this help article for more detailed info: paystack.helpscoutdocs.com/article/111-requirements-for-enabling-international-card-payments-for-your-business
I am yet to get the answer to my question. What is the charge involve? How do Paystack charge us for every transaction made? Is it a flat fee or percentage of the transaction? Can this be explained in plain simple terms? Thank you
Hi there, Paystack charges a transaction fee of 1.5% on every local transaction that's below 2,500 NGN. For transactions over 2,500 NGN, Paystack charged 1.5% + 100 NGN per transaction. For international transactions, Paystack charges 3.9% on every local transaction that's below 2,500 NGN. For transactions over 2,500 NGN, Paystack charged 3.9% + 100 NGN per transaction. For more information, please visit paystack.com/pricing
Hello, I opened an account and created a product. An order was made but I am yet to receive the fund in my settlement account after 24hours. Please what could be wrong?
