Paystack, the African payment firm acquired by Stripe, is adding Apple Pay as a new payment gateway. This means that Nigerian businesses can now accept international payments from Apple Pay users.
The integration of Paystack with Apple Pay makes the former the first payment channel to support Apple Pay in Nigeria. It might interest you to know that ideally, Apple Pay is not available in Nigeria. It is only present in South Africa. But with the addition of Apple Pay, businesses that use Paystack can receive payment from more than 60 countries where Apple pay is supported including UK, USA, and Canada.
A critical reason why Apple Pay is still struggling to expand Apple pay into Nigeria is arguably due to the dominance of Android. The Google-owned Operating System has an 87% market share, compared to 7.75% for Apple’s iOS.
Commenting on the integration, Khadijah Abu, the head of product expansion at Paystack: “We’re the first payment platform to support this channel in Nigeria, and we intend to integrate more global payment channels in the future to help connect Paystack merchants to the global economy,” she said.
“We’ve integrated with Apple Pay because we want to give our merchants and their customers more payment choices. Customers also love Apple Pay, the conversions are great and our merchants can now reach an even larger audience.”
Paystack is also looking to expand the new payment channel to South Africa and Ghana. “Apple Pay is super convenient and secure, and while we’re beginning with Nigeria, we aim to bring this payment channel to all our markets,” Abu concluded.
