Paystack vs SlimPay

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.

SlimPay helps businesses automate recurring payment collection through account-to-account payments, direct debits, and open banking services. It supports subscription and invoice payments, along with direct-debit payment method updates. Customers can sign SEPA mandates digitally using a checkbox or one-time password. Supported schemes include SEPA Direct Debit CORE, SEPA Direct Debit B2B, and SEPA Credit Transfer; the service handles euro direct debits and credit transfers for countries within the SEPA jurisdictional scope. Merchants can integrate through a REST API or use File Transfer for batch processing. Checkout can be added to websites and mobile applications using pop-in, redirection, or iFrame options. Payment management is available through a Dashboard, API, or file transfer interface, and failed direct debits can be retried manually or automatically. SlimPay says it is authorized and supervised by France’s ACPR as a payment institution and that its servers are in the European Union with Amazon Web Services. Pricing is available on request, and production accounts require validated pre-production tests and completed KYC.