Nigerian fintech startup, Paystack which has been acquired by US-based Stripe, is announcing a big integration: Apple Pay for Nigerian businesses and people. Yes, if you run a business in Nigeria, the Apple world can now pay you. There is a clear trajectory here – the world of big tech wants to work with those who understand the terrains rather than build from scratch.
Nigerian fintech startup, Paystack which has been acquired by US-based Stripe, has announced that it is launching Pay with Apple Pay on its platform, unlocking a new cross-border payment channel for Nigerians.
Apple Pay, Apple’s mobile payments and digital wallet service, provides users with a secure and private way to pay on their iPhones, iPads, Apple Watches and Macbooks.
For years, Nigerians have been locked out of many international payment platforms. For instance, PayPal forbade Nigerians from receiving money using its platform until its partnership with Flutterwave. But things are changing. The evolution of fintech is dismantling the status quo with Nigerian payment startups partnering with their overseas counterparts to close existing international payment gaps.
PayPal with Flutterwave, Apple Pay with Paystack….this is just the beginning as nothing has touched Oriendu Market in Ovim, Abia State; it is still all cash every Orie day!
Paystack said the Apple Pay integration is “the fastest, secure way for Nigerian businesses to accept international payments.”
Read the full details here.
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