Skip to content

Paystack expands its Virtual Terminal into new markets

Leading fintech company Paystack has recently expanded its innovative payment solutions to new African countries.

Paystack has announced the expansion of its Virtual Terminal product into new markets, including Ghana, Cote d'Ivoire, Kenya, and South Africa. This latest expansion follows the successful introduction of the system in Nigeria.

First launched in Nigeria in 2021, the virtual terminal is a hardware-free solution for businesses that accept in-person payments, such as retail stores, restaurants, or pay-on-delivery services.

The Virtual Terminal includes all the benefits of the Paystack ecosystem, such as international payments, split payments, easy end-of-day accounting, and the ability to track payments from your phone.

It provides a single QR code that offers customers in each country a variety of payment methods optimised for their region.  For instance, When customers scan the QR code, they can pay with one of Paystack's many options, including mobile money, cards, or Apple Pay. The staff member receives an instant confirmation on WhatsApp after a successful payment.

Meanwhile, they can turn off the QR code at any time, change the attached WhatsApp number, and set it up so that multiple WhatsApp numbers are notified when a payment is made.

In Ghana, the available payment methods include MTN MoMo, Telecel Cash (previously Vodafone Cash), AirtelTigo Money, Visa, Mastercard, and Apple Pay.

In Côte d'Ivoire, the available payment methods include MTN MoMo, Wave, Orange Money, Visa, Mastercard, and Apple Pay.

The available payment methods in Kenya include M-PESA, Visa, Mastercard, American Express, and Apple Pay. In South Africa, the available methods are Scan to Pay, SnapScan, EFT, Visa, Mastercard, American Express, and Apple Pay.

Comments

Latest