Over the years, making payment online is hard for small and large-scale business owners, which means that the lack of availability of customers to make payment online despite having a good business product to offer, led to two Nigerian to provide a solution to the online payment in Nigeria and Africa.
The duo of Sola Akinlade and Ezra Olubi decided to do something about the problem of online payment in Africa with Paystack based on the personal experiences of them having challenges to outgrow their businesses online. The platform Sola and Ezra built was called Paystak, which helps Nigerian – and African businesses to accept payments from anyone, anywhere in the world – through debit, credit cards, and direct bank debits.
The platform is meant for business owners to connect Paystack to their website in order for them to start
Since the official launch in January 2016, Paystack has grown steadily and currently serves over
The CEO of the company had a chat with online tabloid Konbini Nigeria, where he disclosed the future plans for the company :