Paystack Account Login- Create Paystack Account Online
Have you heard about the Paystack login platform? Many people especially businessmen have heard about Paystack login, but don’t know how to have an account with Paystack. I’ll tell you more about it as you read on.
Paystack is a payment organization that allows businessmen and merchants anywhere in Africa to receive payment for free.
Also Read: Best online payment apps
However, this platform was created for businessmen who find it difficult to get paid for goods and services rendered.
Therefore Paystack login allows businesses to have access to their account and accept payment with ease.
So, in this write-up, you’ll learn how to create a Paystack business account as well as the login process and how to receive payment with Paystack.
If you’ve met Paystack before, you’ll understand the platform is user-friendly and makes payment very easy and fast.
Table of Contents
What then is Paystack? Paystack Account Login
Paystack is a platform created by Fintech Company that assists businesses in Africa to receive payment for goods and services easily.
The Fintech Company was sold to stripe in October 2020 for the sum of $200 million.
This payment platform accepts both credit and debit payments online from its users.
However, Paystack is an online gateway that makes payment easier, secured, and faster for merchants.
The platform was launched in the year 2015 but the products it offers were made available for public use in 2016.
The Paystack main office is in Lagos and it has about 150 employees.
Therefore, young entrepreneurs who are starting up a business for the first time can grow up their business with Paystack.
This is because it accepts both local and international methods of payment.
Furthermore, large organizations and governmental organizations also collect payment with this amazing platform.
Are you finding this article interested, let’s move on?
Categories of people to sign up for Paystack
Do you know that you need to sign up for Paystack if you do any online business?
However, anybody that falls in the categories of people listed below need a Paystack account as well as a login to their dashboard to be able to receive a payment.
- Digital marketers
- Business owners
- Young entrepreneurs.
- Freelancers
- Online coach.
Requirements for creating Paystack account
For you to create and own a Paystack account, you must provide the following details;
- BVN [bank verification number]
- Your bank account number.
- Your proof of identity may include:
- Drivers license
- National ID card
- International passport or
- A valid voters card
- You’ll also need to provide your registered business name and other information.
- You must also provide the services that your business offers.
You’ve to note that for you to continue using Paystack; you must accept the terms and conditions during the signup phase.
Types of Paystack account
There are two main types of accounts one can have with Paystack Company. It includes;
- The starter business and
- The registered business.
The Paystack starter business
This is the first account type that the Paystack Company offers. This account allows businesses that are not registered to receive money via Paystack.
For you to create a starter business account, you’ll need to submit your personal bank account details.
However, the information in the account must be the same as the one on the ID card and BVN you submitted.
You’ve to note that the starter business has a limit of NGN2, 000, 000[two million nairas].
Then after that, they’ll be allowed to provide documentation to register their business.
The Paystack registered business
This account is for companies that have fully registered their business with the company regulation of the country in which they operate.
More so, the registered businesses are allowed to function in their various enterprises and they also operate at a higher scale.
The registered business doesn’t have any limit of payments.
Therefore, for you to have an account with Paystack, you must provide your company bank account that has the same name as your registration document.
Paystack payment methods
As you, know that Paystack is a payment company that facilitates fast, easy and secured method of payment.
Therefore, if you already have an account with Paystack, you will testify to these facts.
Here’re the various payment methods available on Paystack;
- Bank transfers.
- Credit or debit cards.
- American express.
- Visa QR.
- Various mobile apps for mobile money.
- Bank account.
- Bank USSD code.
You’ve seen that there are various payment methods available in Paystack. So, make your choice and decide how you’ll want your customers to pay you.
How do I Create a Paystack account?
Do you want to use the Paystack platform as your means of payment? You must have an account to be able to log in.
A Paystack account can be created without much stress. Follow the steps below to create your account.
- Visit the web browser on your mobile phone or computer.
- Type in www.paystack.com.
- Tap on “create account”.
- Select your country.
- Enter your business name, your own name, email address, and mobile phone number.
- You’ve to make sure that your country code is correct before you enter it.
- Now, choose a strong password that is made up of numbers and alphabets for your account.
- Select your business type [starter or registered].
- If you’re a software developer, you’ll have to choose the options that suit you.
- Tap on create an account.
After this, we’ll move over to the verification process. Your account can only be activated when you verify it and you can start receiving money from Paystack.
You’ve to make sure that you used a valid email address.
The Paystack platform will send a confirmation code to you via your email each time you log in to your account on a new device.
Also Read: Advantages of Online banking
How to verify your Paystack account
The verification process is necessary for you to activate your account.
Listed below is how to use Paystack to verify your customer’s true identity;
- Validate card pin: retrieve more details on a credit or debit card by entering its first six digits.
- Validate customer.
- Determine account number: reveal the full name linked to a Nigerian account number.
- Authenticate BVN match: verify if a Nigerian bank account and BVN are corresponding.
How do I receive money in USD using Paystack?
For you to receive money in USD [dollars] from your customer with Paystack, follow the instructions below;
- On your Paystack dashboard, go to the settings.
- Click on the “settlement account” button.
- Select your bank.
- You’ve to enter your domiciliary USD account information.
- Finally, tap on “add bank account” and save.
Login to my Paystack account
You can choose to download Paystack mobile app to enjoy easy login and access to your account.
Using the app makes it very easy to log in with just a tap.
Once you tap on the app on your mobile device, it’ll take you directly to the Paystack dashboard without any stress or verification.
Furthermore, you’ll need to know how to log in to your Paystack account.
The only thing that can restrict you from accessing your account once you have the app is poor network condition.
However, to login to your Paystack account, follow the steps below;
- Click on the Paystack mobile app on your mobile phone.
- It’ll take you to the dashboard.
- Then tap on “log in”.
- Enter your email address and password.
- Click on “log in”.
Frequently asked questions on Paystack login
Do I need BVN for Paystack login?
The answer to this question is yes.
You’ll need to provide a valid bank verification number [BVN] that corresponds with the account details you entered while sending your request.
You’ve to understand that if your BVN doesn’t match your account, it won’t be verified.
What are the banks that use Paystack?
If you have an account with Guaranty trust bank, sterling bank, and Wema bank, you can pay with Paystack.
Does Paystack work in USA?
The answer is yes. You can receive payment from anywhere in the world with Paystack.
You must ensure that you have an active MasterCard, Visa, or verve card.
Can Paystack refund?
Yes, Paystack refunds money to its customers. An email will be sent to both you and your customer from Paystack to confirm this.
The refunding process is expected to last for 7-12 working business days.
Therefore follow the guidelines you’ve learned from this article to create and also log in to Paystack account.
You’ve to understand that as a business owner, your life is made easier with a Paystack account.
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