Paystack Starter Business account and their country based limits

Starter Business account allows merchants to test their ideas with real customers while they prepare to scale and register their companies.

Paystack Starter Business is a merchant tier designed for unregistered businesses that want to accept online payments without needing a corporate bank account or company registration document. This tier is intended for entrepreneurs who are still validating their business ideas and want to test their products or services with real customers before formalizing their business.

Collection Limits

Starter Businesses have a lifetime collections limit. Upon exhaustion of limit, payment will be disabled for your business. To remove the limit, simply upgrade to a Registered Business.

Limits by Country

CountryStarter Business Limit
GhanaGHS 30,000
NigeriaNGN 2,000,000
Nigeria (USD)USD 5,000
South AfricaZAR 80,000
South Africa (Sole Proprietorship)ZAR 1,000,000
KenyaKES 80,000
RwandaRWF 3,000,000
Côte d’IvoireXOF 3,000,000
As of June 2024

  Limited features

Starter Businesses will have no access to other Paystack products like Transfers, Paystack Terminals (for Nigerian businesses), and Identity verification.

How do we verify Paystack Starter Businesses?

Starter Businesses are personal so Paystack would verify the identity and address of you, the business owner.

CountryRequirements
GhanaA government-issued form of identification Tax identification number Personal bank account number or personal mobile money number
NigeriaA government-issued form of identification Bank Verification Number (BVN) Personal bank account number
South AfricaNational or Smart ID number or Passport Number National or Smart ID or Data page of Passport Settlement bank confirmation letter Personal bank account number
KenyaA government-issued form of identification: national ID or valid passport Personal bank account number or personal mobile money number
Côte d’IvoireA government-issued form of identification: national ID or valid passport Personal bank account number or personal mobile money number
As of June 2024
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