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Head-to-Head Specification Audit
Paystack vs Razorpay
Nigerian & African Businesses · Nigeria
Specification Matrix
| Metric | Paystack | Razorpay |
|---|---|---|
| Starting Price | CustomBetter | Custom |
| API Rate Limit | 300 req/minBetter | 300 req/min |
| Target Country | Nigeria | India |
| Category | Payment Processing | Payment Processing |
| Compliance | NDPA, CBN Licensed, PCI-DSS | PCI-DSS, RBI Compliance |
| Hosting Regions | NG-Lagos, GH-Accra, ZA-Johannesburg | IN-Mumbai, IN-Bangalore |
| Native Integrations | 5 listed | 6 listedBetter |
Paystack — Key Specs
- ✓Acquired by Stripe — the most trusted payment API in Africa
- ✓Supports Nigerian bank transfers, USSD, Visa/Mastercard, and mobile money
- ✓Instant settlement to Nigerian bank accounts
- ✓Now available in Ghana, South Africa, Kenya, Ivory Coast
Razorpay — Key Specs
- ✓#1 payment gateway in India — 8M+ businesses use it
- ✓Supports UPI, NetBanking, Wallets, Cards, and EMI out of the box
- ✓Razorpay Capital offers working capital loans based on transaction history
- ✓RazorpayX business banking with INR-denominated accounts
Frequently Asked Questions
What is cheaper, Paystack or Razorpay?+
Both tools start at $0/mo on their entry plans.
Which tool is better for compliance — Paystack or Razorpay?+
Both support PCI-DSS. Paystack additionally supports NDPA, CBN Licensed. Razorpay additionally supports RBI Compliance.
Which has a higher API rate limit — Paystack or Razorpay?+
Paystack has a higher API rate limit at 300 requests per minute. Paystack: 300 req/min. Razorpay: 300 req/min.
Which tool is better suited for Nigeria?+
Paystack is evaluated for Nigerian & African Businesses in Nigeria with hosting regions: NG-Lagos, GH-Accra, ZA-Johannesburg. Razorpay has hosting regions: IN-Mumbai, IN-Bangalore. For data residency in Nigeria, check each vendor's data processing agreements.
Data last verified: 25 June 2026
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