unconfirmed Ranked 37 of 108 SoftPOS + hardware Africa

Paystack (Stripe) card reader review 2026: tap to pay fees and rating

Name: Paystack (Stripe) SoftPOS
Brand: Paystack (Stripe)
Availability: InStock

Part of Stripe since 2020; card-present acceptance runs on its own Paystack Terminal, and a pure tap-on-phone product is not documented.

Editorial: SoftPOS24 Payment ResearchUpdated: 15.08.2026Data set: 124 providers, 14 criteriaSource: Open primary source ↗

Note on the data: We could not confirm a standalone product from primary sources. Verify with the provider before deciding.

SoftPOS24 overall score

2.9/5

58 out of 100 points · Rating 2.7 (fair)

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Price transparency

30/30

Market coverage

13/25

Platform coverage

9/15

Security certification

8/15

Card acceptance

6/15

The score measures transparency, reach and certification of the offer — not how well the app works. See the formula

In short

Paystack (Stripe) offers Paystack Terminal / online acceptance (SoftPOS not confirmed) for Android. Transaction fee: from 1.50%; monthly fee: none. Security certification: PCI DSS. Available in: Nigeria, Ghana, South Africa, Kenya, Egypt, Ivory Coast.

Paystack (Stripe) terms in full

Product name	Paystack Terminal / online acceptance (SoftPOS not confirmed)
Provider type	SoftPOS + hardware
Headquarters	Nigeria
Founded	2015
Platforms	Android
Certification	PCI DSS (own statement)
Transaction fee	local standard online rate Nigeria 1.5% + 100 NGN (not SoftPOS-specific)
Monthly fee	0
Setup cost	0
Contract term	n/a
Cards accepted	Visa, Mastercard
PIN entry on screen	yes (on the terminal)
Transaction limit	n/a
Target customers	Online merchants and start-ups in West Africa
Available markets	Nigeria, Ghana, South Africa, Kenya, Egypt, Ivory Coast
Website	paystack.com
Data source	Open primary source ↗

Alternatives to Paystack (Stripe)

Comparable providers in Africa:

iKhokha — from 2.75%, Rating 2.8
Yoco — on request, Rating 3.5
Moniepoint — on request, Rating 4.2
Nomba — on request, Rating 4.2
Safaricom M-PESA — on request, Rating 4.2

Compare all providers in Africa →

Frequently asked questions

Paystack tap to pay: do I need any extra hardware?

Not necessarily. Paystack (Stripe) sells card terminals as well, but its tap to pay product works on a phone you already own, with no extra hardware. Supported platforms: Android.

Which countries is Paystack available in?

By our records: Nigeria, Ghana, South Africa, Kenya, Egypt, Ivory Coast. Availability changes, and the date above the table is when we last checked.