Paystack Starter Business account and their country based limits

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

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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

Country	Starter Business Limit
Ghana	GHS 30,000
Nigeria	NGN 2,000,000
Nigeria (USD)	USD 5,000
South Africa	ZAR 80,000
South Africa (Sole Proprietorship)	ZAR 1,000,000
Kenya	KES 80,000
Rwanda	RWF 3,000,000
Côte d’Ivoire	XOF 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.

Country	Requirements
Ghana	A government-issued form of identification Tax identification number Personal bank account number or personal mobile money number
Nigeria	A government-issued form of identification Bank Verification Number (BVN) Personal bank account number
South Africa	National or Smart ID number or Passport Number National or Smart ID or Data page of Passport Settlement bank confirmation letter Personal bank account number
Kenya	A government-issued form of identification: national ID or valid passport Personal bank account number or personal mobile money number
Côte d’Ivoire	A government-issued form of identification: national ID or valid passport Personal bank account number or personal mobile money number

As of June 2024

Paystack aims to help businesses in Africa grow and become profitable, envied, and loved. The Paystack Starter Business tier is designed to support merchants from every stage of their growth story, from idea validation to formalization.