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Paymob vs Paystack

Paymob and Paystack are both card processing platforms. On a $1,000 payment you keep about $972.50 on Paymob and $985 on Paystack, before withdrawal or currency-conversion costs.

Updated · from each platform’s published fees and payout terms · how we verify

Key differences

  • On a $1,000 payment you keep about $972.50 on Paymob and $985 on Paystack, before withdrawal or currency-conversion costs.
  • Both pay out via Bank transfer.
  • Paymob is based in Egypt, Paystack in Nigeria.

Which should you choose?

Choose Paystack if…

  • Keeping more of each payment matters most — its fee is lower.

Side by side

Paymob A leading MENA payments company - merchants in Egypt, the Gulf, and Pakistan accept cards, wallets, and instal… Visit Paystack The Stripe-owned processor built for Africa - Nigerian, Ghanaian, South African, and Kenyan businesses accept… Visit
Type Card processing like Stripe Card processing like Stripe
Category Payments Payments
Vetted No No
Work from home Yes Yes
Fees 2.75% + EGP 3 per online transaction From 1.5% per local transaction
Minimum payout — Ghana GHS 50 via bank, no minimum via mobile money, Nigeria on-demand NGN 1000
Payout speed Settles on a standard cycle set per account, with instant settlement available in some regions for a fee Ghana automatic settlement next working day, timing varies by country
Withdraw via Bank transfer Bank transfer
Availability Egypt, United Arab Emirates, Saudi Arabia, Pakistan, Oman Nigeria, Ghana, South Africa, Kenya, Ivory Coast
Local to Egypt, Saudi Arabia, United Arab Emirates, Pakistan Nigeria, Ghana, South Africa, Kenya
Founded 2015 2015
Headquarters Cairo, Egypt Lagos, Nigeria
Popularity 47 views · 0 likes 47 views · 0 likes

Frequently asked questions

Which is cheaper, Paymob or Paystack?

On a $1,000 payment you keep about $972.50 on Paymob and $985 on Paystack, before withdrawal or currency-conversion costs.

How fast do Paymob and Paystack pay out?

Paymob: Settles on a standard cycle set per account, with instant settlement available in some regions for a fee. Paystack: Ghana automatic settlement next working day, timing varies by country.

Where are Paymob and Paystack available?

Paymob: Egypt, United Arab Emirates, Saudi Arabia, Pakistan, Oman. Paystack: Nigeria, Ghana, South Africa, Kenya, Ivory Coast.