Deprecated: Function get_page_by_title is deprecated since version 6.2.0! Use WP_Query instead. in /home/diutocoi/public_html/wp-includes/functions.php on line 5413
Introducing Paystack Commerce, a Seller's Toolkit For African Creators and Brands | DiutoCoinNews

DiutoCoinNews

Bitcoin News Nigeria, Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

NEWS

Introducing Paystack Commerce, a Seller’s Toolkit For African Creators and Brands

Views: 70
Share this:
1 min, 22 s

Paystack is introducing Paystack Commerce, a seller toolkit for African brands and creators to ease the sell of products online.

Thank you for reading this post, don't forget to subscribe!

Join Telegram Group

The new feature comes months after launching “Transaction Lookup”, a blockchain-like transaction record database for accessing transaction records on Paystack. 

PayStack is one of the largest digital payment processing companies in Nigeria and Africa.

Paystack Commerce will allow African brands and creators, utilize the service to list and sell their products and collect payments from their customers online. 

Through the Paystack Dashboard, payments, invoices, and monthly or periodic subscription features can be set up by creators for their customers, powering sales.

Read Also: Experts Want Paystack to Use Blockchain in Keeping Transaction Records Following the Launch of Paystack’s “Transaction Lookup.”

Paystack has some recent partners from the cryptocurrency payment space, both with crypto exchanges and blockchain firms, utilizing its payment gateway, in order to process fiat transactions.

The payment processing company has said that PayStack Commerce will allow a variety of payment methods. It’s yet to be confirmed if crypto payments will be allowed in the future.

But then, considering its partnerships with crypto exchanges and crypto service providers like Naijacrypto, Luno, Terrabit and others, we may see Paystack integrating crypto gateway in the future.

Currently, Paystack charges are as follows:

1.5% + 100 NGN for local transactions

3.9% + 100 NGN for international transactions

In addition, the 100 NGN fee is waived for transactions under 2,000 NGN

With the Paystack Commerce launch, we might see a new wave of ecommerce in Nigeria where creators and sellers can utilize the toolkit to sell and collect payment through different modes.

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *

Diutocoinnews Admin. Send all publications to info@diutocoinnews.com.ng

Notice: ob_end_flush(): failed to send buffer of zlib output compression (0) in /home/diutocoi/public_html/wp-includes/functions.php on line 5309