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Paystack vs Tap Payments

Paystack and Tap Payments are both card processing platforms. On a $1,000 payment you keep about $985 on Paystack and $972.50 on Tap Payments, 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 $985 on Paystack and $972.50 on Tap Payments, before withdrawal or currency-conversion costs.
  • Both pay out via Bank transfer.
  • Tap Payments is the older platform — founded in 2013, 2 years before Paystack (2015).
  • Paystack is based in Nigeria, Tap Payments in Kuwait.

Which should you choose?

Choose Paystack if…

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

Side by side

Paystack The Stripe-owned processor built for Africa - Nigerian, Ghanaian, South African, and Kenyan businesses accept… Visit Tap Payments A MENA payment gateway letting businesses accept cards and local methods across the Gulf. Visit
Type Card processing like Stripe Card processing like Stripe
Category Payments Payments
Vetted No No
Work from home Yes Yes
Fees From 1.5% per local transaction ~2.75% standard cards
Withdraw via Bank transfer Bank transfer ~T+3
Availability Nigeria, Ghana, South Africa, Kenya, Ivory Coast United Arab Emirates, Saudi Arabia, Kuwait, Bahrain, Qatar, Oman, Egypt
Local to Nigeria, Ghana, South Africa, Kenya Kuwait, Saudi Arabia, United Arab Emirates, Egypt
Founded 2015 2013
Headquarters Lagos, Nigeria Kuwait City, Kuwait
Popularity 47 views · 0 likes 50 views · 0 likes

Frequently asked questions

Which is cheaper, Paystack or Tap Payments?

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

Where are Paystack and Tap Payments available?

Paystack: Nigeria, Ghana, South Africa, Kenya, Ivory Coast. Tap Payments: United Arab Emirates, Saudi Arabia, Kuwait, Bahrain, Qatar, Oman, Egypt.