Head-to-Head Specification Audit
Paystack vs Razorpay
Nigerian & African Businesses · Nigeria
Specification Matrix
| Metric | Paystack | Razorpay |
|---|---|---|
| Starting Price | $0/moTie | $0/moTie |
| API Rate Limit | 300 req/minTie | 300 req/minTie |
| Target Country | Nigeria | India |
| Category | Payment Processing | Payment Processing |
| Compliance (vendor-stated) | 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
Vendor-stated- ✓Acquired by Stripe — a widely-used payment API serving African markets
- ✓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
Vendor-stated- ✓#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
Which is lower-priced, Paystack or Razorpay?+
Both tools start at Free plan available on their entry plans.
Which compliance frameworks do Paystack and Razorpay list?+
Both list PCI-DSS in their vendor documentation. Paystack additionally lists NDPA, CBN Licensed. Razorpay additionally lists RBI Compliance. These are vendor-stated frameworks. VektorIndex has not independently audited these claims.
Which has a higher documented API rate limit — Paystack or Razorpay?+
Both Paystack and Razorpay have the same documented API rate limit of 300 requests per minute. Verify current limits on each vendor's developer documentation.
Which data hosting regions do Paystack and Razorpay support?+
Paystack lists hosting regions: NG-Lagos, GH-Accra, ZA-Johannesburg. Razorpay lists hosting regions: IN-Mumbai, IN-Bangalore. For data residency requirements in Nigeria, confirm exact region configuration directly with each vendor.
Data last updated: 29 August 2026 — Sourced from official vendor documentation. Not independently audited. Report incorrect information
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