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Review summary

Created with AI, based on recent reviews

Looking at 66 reviews, most reviewers were let down by their experience overall. Many people were dissatisfied with the payment process, reporting issues with withheld funds and significant delays in receiving payouts. Customers also frequently encountered problems with the service, describing it as unreliable and leading to business disruptions. The response time for inquiries was often criticized as slow or non-existent, and the customer service was generally perceived as unhelpful and unresponsive. Conversely, a small portion of people were satisfied with the service, praising the professionalism of the support staff and the seamlessness of the payment system. Some reviewers also highlighted the reliability of payouts and the effectiveness of the 24/7 live support in addressing occasional delays.

What people talk about most

Payment

People report negative experiences with payment. Many customers express significant frustration and... See more

Service

Reviewers express strong dissatisfaction with the service. Many customers report that their payouts are held... See more

Response time

Reviewers highlight negative aspects of response time, consistently reporting significant delays and a lack... See more

Customer service

Clients share negative opinions on customer service, frequently reporting issues such as pending payouts,... See more

Staff

Users describe ambiguous interactions with staff. While some customers praise the support team for their... See more

Reviews shaping this summary

Rated 1 out of 5 stars

This level of incompetence is unacceptable. As a founder myself, I’m shocked by the sheer disregard for customer satisfaction. It’s businesses like yours that give Africa’s innovation scene a bad name... See more

Company replied

Rated 1 out of 5 stars

All I can say ignore these negative review at your own peril. They'll do exactly what you hear people say and even they may do worse to punish you for believing them. Let them shut down their services... See more

Company replied

Rated 1 out of 5 stars

Paystack has proven they are not ready for the Kenyan market. Disabling accounts without clear communication and withholding funds is not 'innovation'—it’s a lack of professionalism that stifles loca... See more

Company replied

Rated 1 out of 5 stars

If you want depression try this company. It's a Nigerian scammers paradise. They will wait you receive money and tell you we sent to your bank account. Then as you to provide prove that you didn't... See more

Company replied


Company details

  1. Payment service

Written by the company

Over 25,000 businesses in Nigeria use Paystack to collect payments with a modern, secure payment gateway.


Contact info

1.7

Bad

TrustScore 1.5 out of 5

230 reviews

5-star
4-star
3-star
2-star
1-star

Replied to 59% of negative reviews

Typically replies within 1 month

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Can't make deposit


Can't make deposit

2 November 2024
Unprompted review
Paystack logo

Reply from Paystack

Hi Emmanuel, we are sorry to hear this. If you are still having issues with making a deposit, kindly share your information with us via Trustpilot so we can assist appropriately.

Rated 1 out of 5 stars

Paystack is FRAUDULENT!!

Paystack is FRAUDULENT!!! And a scam
They haven’t responded yet. When I message they won’t respond, They are very fraudulent. They are holding onto customers money of which i am one of them. They are intentionally stalling their payment and using it for their own business purposes. That’s why they ask you to send all the information to confirm your transaction and yet they won’t still Do something about it.
I repeat paystack is a total scam please people should avoid the platform!!!!
I recharged my alpha technologies using their portal 3 times and none was credited into my account.

25 October 2024
Unprompted review
Paystack logo

Reply from Paystack

Hi Mukky, thanks for sharing this feedback with us. We are sorry to hear about this and will like to take a deeper look at what went wrong here. Kindly share your Paystack business name and email with us via Trustpilot so we can take a look here. A senior member of the team will be in touch with you as soon as we get this information.

Rated 1 out of 5 stars

Do not work with PayStack!! YOU HAVE BEEN WARNED!

Do not work with PayStack!!! They are frauds and scammers.

They took forever to review my company at the very start and now for the 3rd time in 6 months I am under review again and the transaction is just hanging there. I have deliverables that require payment before they are produced.

Do not work with PayStack, you have been warned! The agents answering phones are so scripted and not interested in resolving anything.

You can expect the same rhetoric over and over again that they take security very seriously to protect the business and customer. Well I can guarantee you my business has only been hurt by this company and their false promises, not to mention the completely tarnished relationship I have with some of my customers because of this place!

Want some suggestions PayStack? 1. Don't make businesses go through a rigorous application process if your intention is to review every transaction anyway. 2. Stop lying to your merchants. Continuously making promises that never materialize. 3. A merchant not being able to speak to an executive is really a fraudulent way of doing business, seems like it is just a scam when you don't have executives to discuss these issues with...

10 October 2024
Unprompted review
Paystack logo

Reply from Paystack

Hi Hilton, We are so sorry to hear about your frustrating experience. As a customer-centric company, we take all feedback seriously and strive to provide the best possible service to our merchants.

Our application process is designed to ensure the security and integrity of our platform. While it may seem rigorous, it is necessary to protect both our merchants and customers from fraudulent activities. We understand this can be frustrating, but we assure you that it is not our intention to hinder your business.

We also take the security of our platform and our merchants' transactions very seriously. Periodic reviews are a standard practice for us to ensure compliance and mitigate risks. We apologize for the inconvenience this has caused, and we are committed to resolving any issues as quickly as possible.

We understand the importance of timely payments and the impact it can have on your business relationships. Please be assured that we are working diligently to improve our processes and communication to provide a better experience for our merchants.

We appreciate your feedback and the opportunity to address your concerns. A senior member of the team will reach out to you to discuss this further with you.

Rated 1 out of 5 stars

It's been a month no response my funds…

It's been a month no response my funds are still pending what kind of service are you guys providing!!!!

Now after looking for help here at trustpilot,Paystack decided to close down my account without a reason and refund the money to the client who left 1 month ago,where do I get my money for services offered and the client already left? Returning the funds with no charge back is wrong!
Thats so unprofessional,I had done others transactions before and you processed them,what made this 1 different to unextend of refunding my money that has no charge back? Next time review people's businesses first before opening a paystack account for them then end up frustrating them.

9 October 2024
Unprompted review
Paystack logo

Reply from Paystack

Hi Annah, thanks for sharing this feedback with us.

Sadly, we made the decision of closing your business because it falls outside our Acceptable Use Policy and compliance regulations in your country. You can find our acceptable policy here - https://paystack.com/terms#acceptable-use-policy

Thank you for your feedback. Be assured that we will take it in consideration as we work to improve our processes and communications with our merchants. If you have any further questions or would like to discuss this matter further, please do not hesitate to reach out to us via hello@paystack.com with the subject "Trustpilot Review".

Rated 1 out of 5 stars

SCAM & Money Laundering Scheme

This is a scam, a total scam. We are actually contacting the Nigerian Authorities over a case we will be filing in High Court Kenya Tomorrow.

Once they receive the amounts, they never payout or refund. It's a fraud entity and we have also written to Stripe.com through our lawyers to have their partnership terminated instantly.

There are claims that this is a money-laundering scheme and investigations by our local authorities have enough leads pointing to this.

Thank you

9 October 2024
Unprompted review
Paystack logo

Reply from Paystack

Hi Joe, we appreciate you taking your time to share this feedback with us.

Your business was closed because it exposes us to higher risks of chargebacks and hence falls outside our acceptable use policy. You can find our acceptable policy here - https://paystack.com/terms#acceptable-use-policy

We appreciate your feedback and the opportunity to address your concerns. If you have any further questions or would like to discuss this matter further, please do not hesitate to reach out to us via hello@paystack.com with the subject "Trustpilot Review".

Rated 1 out of 5 stars

Kindly it's been more than a week

Kindly it's been more than a week, I haven't received feedback nor my payout clients already checked out kindly let me know I have business to run also it's not fair I understand you guys have a job as well to do but as a customer I'm just confused why do that .... Just tell me a specific date your releasing funds

Update
Instead of releasing funds they refunded to the customer at least never again I just want to point out this emotional assuming intelligence from double dealer ( Tosi very uneducated scum of the earth that gets paid Penny's to ruine ppls businesses since his life is horrible ( I see why Nigerians are labeled because of such actors

Update: no you returned payments for servicing a client ( who does that ?????!!!!!!!!most merchants have issues due to charge back ) why wait until someone process payments for Airbnb/ hotel nothing high risk about that business quite the excuses you guys are to be questioned by fcc/ stripe which I emailed them .

1 October 2024
Paystack logo

Reply from Paystack

Hi Bowie, thanks for sharing this feedback with us. We disabled your business because it didn't meet our established guidelines for businesses and falls outside our Acceptable Use Policy ( https://paystack.com/terms#acceptable-use-policy). If you disagree with our review, please send us an email with the subject "RE: Trustpilot review." We will review your request and get back to you.

Rated 1 out of 5 stars

I am almost concluding that paystack is…

I am almost concluding that paystack is a scam not a genuine payment get way, I received payments but now refusing to release my cash, citing that the money was paid during the weekend and i have to wait for two working days, this is so inconveniencing when it comes to business, please avoid this channel, and avoid remitting huge payments through them ,

28 September 2024
Unprompted review
Paystack logo

Reply from Paystack

Hi Hussain, thank you for your feedback. Our payout schedules vary across our different markets. In Kenya, we settle payments 2 business days after the transaction. If you haven't received your payout yet, you can send us an email via support@paystack.com with the subject "RE: Trustpilot Review" and a senior member of the team will be on hand to speak with you. You can find more details of our payout schedules on our support website here - https://support.paystack.com/hc/en-us/articles/360012149479-When-will-I-receive-my-payouts

Rated 1 out of 5 stars

Worst experience

They reviewed our business and they deemed us risky after processing over 900 transactions and only 2 chargebacks and 5 refunds. The problem is that they asked for proof of delivery of service which we provided but they are claiming they will refund all payouts on hold. You first ask for delivery then you confirm it is delivered and still end up refunding all processed orders.

They are now not answering any email. Avoid them at any cost. They might start out good but destroy your business when it is stable

20 September 2024
Unprompted review
Paystack logo

Reply from Paystack

Hi there, we deeply apologize for how long it took to complete this review. We are working on improving this process to make it more efficient and enable us communicate a decision as quickly as we can.

We had to close your business because it poses a heightened risk and hence falls outside our Acceptable Use Policy ( https://paystack.com/terms#acceptable-use-policy).

We'll be glad to do business with you in the future should you present a business that operates under our business guidelines.

You can reach out to us via our support desk(support@paystack.com) if you have any questions regarding our decision and we'll be glad to answer them.

Rated 1 out of 5 stars

Just Thieves in Disguise

Just Thieves. Dont waste your time using them. Soon they will regret.. tic toc...

19 September 2024
Unprompted review
Paystack logo

Reply from Paystack

Hi Victor, we are sorry to hear this. Could you kindly your information with us via Trustpilot so we can take a deeper look into your business and offer some assistance?

Rated 1 out of 5 stars

Paystack isn't trustworthy,

For anyone just starting up. Please find an alternative payment gateway.

I am saying this for two reasons; Payout issues and useless customer support.

I experienced a payout issue late last month, when I was double paid, an amount was sent to me twice i.e two days in a row, I later received an email that paystack noticed the issue and that they would deduct the amount on the next transaction, I emailed back and said that the action was acknowledged. Now here is the issue. On my next payout, I was offering a service to a client who ordered it online on our website and since the payout takes a few days (which I fail to understand why it does), I had to go back into my pocket and pay for the services using cash I got from somewhere else, long story short, Two weeks, they are sending me my payout after deducting almost 70% of the received amount paid to me .
The problem does not end there, their communication is poor, when you send an email to them, they have automated a reply: usually after a minute or so, to guarantee you they are working on you, only for you to find yourself waiting in vain.

What am saying is, We trust you with our payments, Why are you taking it for granted?

17 September 2024
Unprompted review
Paystack logo

Reply from Paystack

Hi Martins, we are so sorry to hear of this experience and would love to take a deeper look into what happened with your business. Could you kindly share your information with us via Trustpilot so we can assist?

Rated 1 out of 5 stars

Pathetic service

Pathetic service. They make you go through a whole process to sign up then they ask you for more proof after you make a sale. They want proof that you delivered an item. Absolutely ridiculous waste of time. Especially not for drop shippers or those that order stock after an order is placed even though you mention it on your website. They withhold funds and do t pay them back fast or at all.

19 August 2024
Unprompted review
Paystack logo

Reply from Paystack

Hi Gavin, thank you for the feedback. We understand this experience was not up to our usual standard and apologize for this. We conduct reviews of businesses to ensure they operate within our acceptable use policy and pose a low risk of chargebacks. While this process might not be ideal, it is necessary to protect you and your customers.

We are working to reduce the time it takes to complete business reviews. This will ensure you receive your payouts more quickly. We appreciate your feedback and will consider it as we improve this process.

Rated 1 out of 5 stars

Ignore their recommendation on Shopify. Shopify doesn't realise that these guys are subject to only some businesses!!!!

I really should have checked these reviews before wasting my time!!! I am appalled by this call centre employees who don't do their job and the amount of solid reviews this company has on Shopify, I intend on contacting Shopify about this as well to rectify the recommendation because I'm sure that's also the only reason the majority of us would have even considered this company in the first place.

I wish I could leave a star less than zero. I wasted this while month trying to get all the documents ready for this paystack company who is somehow recommended by other drop shipping stores and Shopify, who even give you the option the select drop shipping on their application only to send you an email telling you they don't work with drop shipping companies. I intend on using another more user friendly company and telling all my business associates to do the same however I am extremely dissatisfied by the unprofessional service I received from this company especially after accepting my application and documents as part of the application only to change completely afterward.

15 August 2024
Unprompted review
Paystack logo

Reply from Paystack

Thanks for sharing this feedback with us. We understand your frustration with our policies and the experience you've had with our company and will like to provide some clarity on our decision.

Your business model falls outside our Acceptable Use policy. This is due to the high risk of chargebacks and fraudulent activities often associated with dropshipping business models. We have a responsibility to our merchants and the broader financial ecosystem to mitigate these risks.

We apologize for the inconvenience this has caused you. We understand the desire for a user-friendly payment processing solution, but our primary focus is on maintaining the integrity of our platform and protecting our merchants from financial risks.

Rated 1 out of 5 stars

sent spam

Never used this , but have been sent a bunch of email transactions that look like fraud/spam recently. Only given transaction amount in huge letters and transaction number in smaller font

12 July 2024
Unprompted review
Paystack logo

Reply from Paystack

Thanks for sharing this feedback. In situations like this, we usually find that this notification is linked to a payment you made to a business using Paystack. Kindly review the business you made payments. Alternatively, you can reach out to us so we can trace the information and assist.

If these emails are marketing emails, you can unsubscribe from the emails by clicking the "unsubscribe" button at the bottom of the email you received.

Rated 1 out of 5 stars

Paystack is FRAUDULENT!!!

They haven’t responded yet. When I message they say they are reviewing. They are fraudulent. They are holding onto customers money, stalling their payment and using it for their own business purposes. That’s why they ask you to send all the information to confirm your business and yet they won’t still pay you, something fishy about paystack.

19 June 2024
Unprompted review
Paystack logo

Reply from Paystack

Hi DYDA, we apologize for how long this review took. We have completed the process now and settled your payouts. We are refining the review process to ensure it doesn't take this long as we advance.

Thank you for sharing your feedback with us.

Rated 1 out of 5 stars

For the past THREE years that I have…

For the past THREE years that I have been with Paystack, I have NEVER received a response to a single support request (I have sent countless).

Early this month, I had a problem and a live chat agent said he'll escalate my issue to a developer, who will get back to me. To this day, I have not heard from that developer.

I am moving to Payfast, Paystack's support is non-existent.

30 June 2024
Unprompted review
Paystack logo

Reply from Paystack

We apologize for this experience, Freddy. This is unusual as we address all customer inquiries promptly. Please provide your contact information via Trustpilot so we can investigate the lack of response further.

Rated 1 out of 5 stars

Scammers

Someone please explain to me why my payout is still pending for three days now. I've sent emails to paystack and all I get is claims that they don't have a clear understanding of the nature of my business. you guys take even a whole day to respond. I've already verified everything needed and you yourselves approved it. I need my money!! I have bills to pay. Do I have to deal with this every time I have a payout?

27 June 2024
Unprompted review
Paystack logo

Reply from Paystack

We are sorry to hear of this experience and will love to take a look at why this has happened. Kindly share your information with us via Trustpilot so we can speak with you and resolve this as quickly as possible.

Rated 4 out of 5 stars

Great Product

Great Product, easy to use and works. The verification took a little while but I am up and running.

14 June 2024
Unprompted review
Paystack logo

Reply from Paystack

Thank you for your feedback, Wes. We would like to investigate the delay in your verification process to improve this process. Please provide your information on Trustpilot, and a senior team member will contact you to gather your input.

Rated 1 out of 5 stars

This is a disgrace of a company.

This is a disgrace of a company.

I have applied to use their services for my company. After receiving a confirmation email from them that my account has been verified, I got my developers to start building and integrating their payment solution into my platform. I spent thousands of ZAR.

Subsequently they came back and told me they don't accept my business model.

I've enquired this with them via email but no response.

Their CEO doesn't have an email address.

One can't speak to one of the executives.

They don't call you back.

Disgrace of a company.

22 May 2024
Unprompted review
Paystack logo

Reply from Paystack

Thank you for your feedback and sincere apologies for this experience. We are sorry to have turned your business away, however, we had no flexibility here as your business fell outside our acceptable use policy.

We'll be glad to do business with you if you present a model that we can take on and meets our compliance requirements.

Rated 1 out of 5 stars

Received a payment from the US which…

Received a payment from the US which cleared on Monday evening, 22 April in pay stack. Funds have been pending since then subject to business review. Agents are not giving clear answers or a solution as to when the funds will clear into my nominated bank account. Please help!

22 April 2024
Unprompted review
Paystack logo

Reply from Paystack

Hi Kauthar, we are sorry to hear of this experience. It is certainly not the experience we want our customers to have. We want to look into this for you and help resolve this as quickly as possible. Kindly respond to our information request and a senior member of our customer success will contact you to provide support.

Rated 2 out of 5 stars

I had hope, but little did I know...

In the beginning this was a great payment processor for my business. Now they have placed payments on hold because they need to check something... Why did I go through a verification process and submit tons of documents, only for this processor to hold onto money that is
a. not theirs
and b. creates a massive delay, both for my operations and for my customer.

This has been an extremely frustrating and disheartening process. They claim it's for security, which makes the verification process in the beginning pointless as hell. Nice to have security, that's great guys but at the cost of every other aspect of good business... I unfortunately will need to look elsewhere as this has been an extremely disappointing experience.

They also take forever to respond and give you no updates at all. You just sit around waiting for them to do something, while your operations stand still and customers are buzzing your phone...

Would absolutely not recommend as a payment processor, would advise going through the strenuous process of verification at another processor, that actually then let you operate.

Very very disappointing indeed.

*I have returned to this review to confirm that nothing improved, I ended up having to wait 9 days for a payment to be paid pending a so called random review...

The generic responses from their agents during that time was also disgraceful... Go to any AI and search most generic and broad customer service responses, that's the copy paste nonsense you'll receive, no real answers.

23 April 2024
Unprompted review
Paystack logo

Reply from Paystack

Thank you for your feedback and sincere apologies for this experience. We apologize for the delay in receiving your payouts and the lengthy review process. Please understand that the review is a regulatory requirement to ensure compliance with the payment regulations in your country.

We are taking steps to improve our turn-around time for business reviews to ensure that you no longer have to wait for long before the review on your business is completed and you can receive your payouts.

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