Paystack Blog

While building payments tools at Paystack, we work with brilliant developers, both fellow Stacks as well as peers in the African tech ecosystem, who’re passionate about their preferred ways to bring products to life.

On April 11, 2022, the Central Bank of Nigeria granted MTN Nigeria final approval to operate a Payment Service Bank. A little over a month later, Nigeria’s largest telecommunications provider launched its MoMo Payment Service Bank (PSB) to the public, allowing its Nigerian customers create accounts, pay bills, send and receive money, and more, services which have been available to customers in other countries for years.

We’re excited to announce that you can now get paid via Paystack when you send out invoices with Xero, the powerful online accounting software for bookkeepers, accountants, and small and medium-sized businesses.

In May 2021, Paystack officially launched in South Africa. Almost exactly one year later, thousands of ambitious businesses across South Africa use Paystack to get paid online.

Every year since 2018, the Marketing and Design teams at Paystack have worked together to publish a Gift Guide that curates unique gifts made by our creator merchants from all of Africa.

In 2020, we launched Paystack Commerce, a complete toolkit for selling online. A popular request we’ve received since then has been to make it easier for creators to sell digital products like ebooks and digital art with Paystack Storefronts and Product Links.