PayKun vs Paystack
PayKun
paykun.comPaystack
paystack.comSide by side
| Figure | PayKun | Paystack |
|---|---|---|
| Price from | Free | 1 NGN/mo |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 2 | 10 |
| Spec score · Payment Gateways | 7.7 (#27) | 8.7 (#9) |
| Headquarters | 1A, First Floor, Leela Shanti Commercial Tower, Victoria Park Rd, Bhavnagar-364002, Gujarat, India | Lagos, Nigeria |
| Integrations | Listed web integrations include JavaScript checkout, PHP, Python, .NET and Java; listed e-commerce kits include OpenCart, PrestaShop, WHMCS, WordPress donations, WooCommerce and Magento. | Paystack advertises more than 50 integrations spanning ecommerce, accounting, invoicing and CRM platforms. |
| Payment methods | The checkout offers 120+ payment methods, including cards, net banking, UPI, EMI, mobile wallets and QR code. | Supported payment channels listed include cards, bank accounts, bank transfers, USSD, POS, Apple Pay, Google Pay, Visa QR, and mobile money. |
| Security | PayKun describes its checkout as PCI DSS compliant and says it has fraud prevention measures and a dispute resolution center. | Paystack states it is PCI DSS Level 1 certified and ISO 27001:2022 certified. |
| Settlement | The settlement guide states that settlement takes T+1 to T+3 working days and may vary based on bank approval and risk factors. | The pricing page says automatic settlement is free and generally reaches the merchant's bank account the next working day (T+1). |
| Support | The site lists telephone support at 1800-212-8070 from Monday to Friday, 10am to 6pm IST. | Paystack says its Customer Success team is available around the clock. |
Plans
Paystack
- AccountFree
- Paystack transaction pricing (Nigeria)Free
- Dedicated virtual accounts1 NGN a month
- Nigeria local transactions1.51 NGN a month
- Nigeria international transactions3.91 NGN a month
- Nigeria transfers up to NGN 5,00010 NGN a month
- Nigeria transfers NGN 5,001–50,00025 NGN a month
- Nigeria transfers above NGN 50,00050 NGN a month
- Test SmartPeak P1000 terminal85,000 NGN, paid once
- Live SmartPeak P1000 terminal100,000 NGN, paid once
In their own words
PayKun
PayKun is a payment gateway for businesses collecting online payments from domestic and international customers. Its checkout supports more than 120 payment methods, including cards, net banking, UPI, EMI, mobile wallets and QR code. Merchants can send payment links by SMS, email or WhatsApp, including when they have no website or app, and can create a customizable payment button for a website or blog. A dashboard handles transactions, refunds, disputes and settlements, with reports and sales analytics. Integration options include JavaScript checkout, PHP, Python,.NET and Java, plus kits for OpenCart, PrestaShop, WHMCS, WordPress donations, WooCommerce and Magento. Android and iOS SDKs are listed. PayKun describes checkout as PCI DSS compliant and lists fraud prevention and a dispute resolution center. The Standard Plan is free, with 1.75% + GST on Indian debit cards, net banking, UPI and wallets, and 3.00% on international cards. KYC and approval are required before accepting payments.
Paystack
Paystack helps businesses in Africa accept online and in-person payments from customers around the world. Listed channels include cards, bank accounts and transfers, USSD, POS, Apple Pay, Google Pay, Visa QR, and mobile money. Its APIs support one-time and recurring payments through an app or website, instant transfers, and customer identity verification. The dashboard provides reporting, alerts, exports, transaction reports, customer search, and purchase insights. Listed integrations include WooCommerce, Shopify, Chargebee, Zapier, Wix, and Xero; developer materials include an API and SDKs for Android, iOS, and Flutter. Paystack says its automated and manual fraud systems help protect against fraudulent transactions and related chargeback claims. It states that it is PCI DSS Level 1, ISO 27001:2022, and ISO 27701 certified. The pricing page lists no subscription, integration, or maintenance fee, but transaction fees apply. In Nigeria, local transactions cost 1.5% plus NGN 100; that NGN 100 is waived under NGN 2,500, with local fees capped at NGN 2,000. Automatic settlement is free and generally reaches the merchant's bank account the next working day.