Compare
Paystack vs Xendit
Of the 170 countries we track, Paystack onboards businesses in 4 (and 2 more with limits) and Xendit in 7 (and 156 more with limits). Both serve businesses in 6.
Only Xendit · 157
🇺🇸 United States🇨🇦 Canada🇲🇽 Mexico🇧🇷 Brazil🇦🇷 Argentina🇨🇴 Colombia🇨🇱 Chile🇵🇪 Peru🇬🇧 United Kingdom🇮🇪 Ireland🇩🇪 Germany🇫🇷 France🇳🇱 Netherlands🇧🇪 Belgium🇱🇺 Luxembourg🇦🇹 Austria🇪🇸 Spain🇵🇹 Portugal🇮🇹 Italy🇬🇷 Greece🇨🇾 Cyprus🇲🇹 Malta🇸🇪 Sweden🇩🇰 Denmark🇳🇴 Norway🇫🇮 Finland🇮🇸 Iceland🇵🇱 Poland🇨🇿 Czechia🇸🇰 Slovakiaand 127 more →
Side by side
Pick where your business is registered. Add up to two more providers.
Pick up to 4.
For a business registered in
Onboards businesses in United States
Paystack
Not availableXendit
LimitedAccept payments
Paystack
Online and in-person payment acceptance. Cards (Visa and Mastercard in all markets) plus local methods that vary by country: bank transfer, USSD, mobile money, M-PESA, EFT, QR, Apple Pay and Google Pay. Settlement is in local currency by default; Nigerian and Kenyan businesses can also accept and settle in USD.Not for businesses in United States.Xendit
Payments API, payment sessions and links, subscriptions, plug-ins and in-person QR payments. Local methods in Indonesia, the Philippines, Malaysia, Thailand and Vietnam (virtual accounts, e-wallets, QR, direct debit, over-the-counter, BNPL, cards), plus cards and PayNow in Singapore and cards in Hong Kong and Mexico.Not for businesses in United States.Pay people abroad
Paystack
Transfers from your Paystack balance to bank accounts in your own country, and to mobile money in Ghana and M-PESA in Kenya. Domestic only. Available to Registered businesses, not Starter businesses.Not for businesses in United States.Xendit
Payouts via API or batch to bank accounts and e-wallets in 14 corridors: Indonesia, the Philippines, Malaysia, Thailand, Vietnam, Singapore, Mexico, Hong Kong, China, Australia, SEPA (EUR), South Korea, the UK and the US.Multi-currency account
Paystack
Dedicated Virtual Accounts: bank account numbers you create for your customers to pay into; payments are recorded against that customer and settle to your Paystack balance. Not a multi-currency holding account.Not for businesses in United States.Xendit
Multi-currency balances: businesses in Singapore, Hong Kong and the Philippines can add a USD balance alongside their local-currency balance and convert between them. Not a bank account.Not for businesses in United States.Business cards
Paystack
Not offeredXendit
Not offeredStablecoins
Paystack
Not offeredXendit
Not offeredYield on idle cash
Paystack
Not offeredXendit
Not offeredYield on idle cash
A return on money you are not using. How safe it is depends on where the return comes from, not on how high the rate is.
Where the return comes from
Paystack
No yield offeredXendit
No yield offeredIs the money protected?
Paystack
–Xendit
–Does the rate change?
Paystack
–Xendit
–Platform & marketplace
Run payments for other businesses: sign them up, take a cut, pay them out.
Sub-accounts for your users
Paystack
PartlySubaccounts let you split a payment between your main account and another bank account. No Paystack page fetched says Paystack runs KYC on subaccount holders.Xendit
YesxenPlatform sub-accounts for your merchants; KYC is either submitted by the platform or completed by the sub-account's authorised representative through an invite link.Split payments and platform fees
Paystack
YesSplit a transaction with one or more subaccounts by percentage or a flat fee to the main account; choose who bears Paystack's fee.Xendit
YesxenPlatform split rules deduct a platform fee or split a payment between parties, in the same currency.Embeddable UI
Paystack
PartlyPrebuilt Popup/Redirect checkout shows the payment methods enabled on your dashboard. No white-label onboarding or payout components were found.Xendit
PartlyXendit Components embed Xendit-managed payment UI in your web or mobile app. No embeddable onboarding or payout components were found (sub-account verification uses an invite link).Pay out to your users
Paystack
YesTransfers to bank accounts in your own country (NG, GH, KE, ZA), mobile money in Ghana and M-PESA in Kenya. Domestic only; Registered businesses only.Xendit
YesPayouts to bank accounts and e-wallets in 14 corridors, including cross-border; payouts to sub-account merchants' bank accounts via xenPlatform.Embedded finance for your users
Give your users financial products under your brand.
Accounts that hold money
Paystack
PartlyDedicated Virtual Accounts (NG, GH) give each customer a bank account number to pay you; funds settle to your balance, not to an account the user owns.Xendit
PartlyEach xenPlatform sub-account holds its own isolated balance. These are not bank accounts with account numbers.Cards for your users
Paystack
Not confirmedNot found in public materials (provider's own pages checked).Xendit
Not confirmedNot found in public materials (provider's own pages checked).Financing for your users
Paystack
Not confirmedNot found in public materials (provider's own pages checked).Xendit
Not confirmedNot found in public materials (provider's own pages checked). The website lists a 'Financing' product but its page could not be loaded (HTTP 403).Consumer apps
Build for individuals, not just businesses, the way Bridge allows.
End users can be individuals
Paystack
PartlyFor Nigerian businesses in Betting, Financial services and General services, Paystack validates the personal identity of customers before issuing them a Dedicated Virtual Account. This is the only consumer-KYC flow found.Xendit
Not confirmedNot found in public materials (provider's own pages checked). Payout coverage lists C2C and C2B use cases in Indonesia, the Philippines, Thailand and Vietnam, but consumer KYC on sub-accounts is not documented.Consumer wallets or accounts
Paystack
Not confirmedNot found in public materials (provider's own pages checked).Xendit
Not confirmedNot found in public materials (provider's own pages checked). The website lists 'E Money As A Service' but its page could not be loaded (HTTP 403).Consumer cards
Paystack
Not confirmedNot found in public materials (provider's own pages checked).Xendit
Not confirmedNot found in public materials (provider's own pages checked).Stablecoins
Dollar-backed tokens as a payment and treasury rail.
Accept stablecoins
Paystack
Not confirmedNot found in public materials (provider's own pages checked). Cryptocurrency operators are on Paystack's ineligible list.Xendit
Not confirmedNot found in public materials (provider's own pages checked).Hold stablecoin balances
Paystack
Not confirmedNot found in public materials (provider's own pages checked).Xendit
Not confirmedNot found in public materials (provider's own pages checked).Pay out in stablecoins
Paystack
Not confirmedNot found in public materials (provider's own pages checked).Xendit
Not confirmedNot found in public materials (provider's own pages checked).Issue your own stablecoin
Paystack
Not confirmedNot found in public materials (provider's own pages checked).Xendit
Not confirmedNot found in public materials (provider's own pages checked).Regulatory risk in United States
Paystack
No stablecoin productsXendit
No stablecoin productsAI agents
Build with AI tools, and let AI agents shop and pay.
Official MCP server
Paystack
YesOfficial Paystack MCP Server (npm package @paystack/mcp-server), in beta/public preview. It exposes the Paystack API to AI assistants but accepts only test secret keys (live keys are rejected).Xendit
Not confirmedNo MCP server is published in Xendit's docs (its docs index, llms.txt, lists none). Community servers on GitHub are not official.Checkout for AI agents
Paystack
Not confirmedNot found in public materials (provider's own pages checked).Xendit
Not confirmedNot found in public materials (provider's own pages checked).Cards for AI agents
Paystack
Not confirmedNot found in public materials (provider's own pages checked).Xendit
Not confirmedNot found in public materials (provider's own pages checked).Working with them
How easy it is to get started.
Self-serve signup
Paystack
Not confirmedNot researched yet.Xendit
Not confirmedNot researched yet.Published pricing
Paystack
Not confirmedNot researched yet.Xendit
Not confirmedNot researched yet.Public API and sandbox
Paystack
Not confirmedNot researched yet.Xendit
Not confirmedNot researched yet.In short
Countries onboarded
Paystack
4 of 170Xendit
7 of 170Designed for
Paystack
Businesses registered in Nigeria, Ghana, Kenya or South Africa collecting local payments, including bank transfers, mobile money and M-PESA.Xendit
Businesses that need local payment methods and payouts across Indonesia, the Philippines, Malaysia, Thailand and Vietnam from one account.Limitations
Paystack
Only businesses registered in four African countries can sign up generally (Côte d'Ivoire and Egypt are in private beta), and payouts are domestic only.Xendit
Local payment methods cover only Xendit's own markets, businesses incorporated elsewhere cannot activate cards in Indonesia, the Philippines or Thailand, and a USD 50 monthly minimum fee applies.| Paystack Regional processor | Xendit Regional processor | |
|---|---|---|
| Onboards businesses in United States | Not available | Limited |
| Accept payments | Online and in-person payment acceptance. Cards (Visa and Mastercard in all markets) plus local methods that vary by country: bank transfer, USSD, mobile money, M-PESA, EFT, QR, Apple Pay and Google Pay. Settlement is in local currency by default; Nigerian and Kenyan businesses can also accept and settle in USD.Not for businesses in United States. | Payments API, payment sessions and links, subscriptions, plug-ins and in-person QR payments. Local methods in Indonesia, the Philippines, Malaysia, Thailand and Vietnam (virtual accounts, e-wallets, QR, direct debit, over-the-counter, BNPL, cards), plus cards and PayNow in Singapore and cards in Hong Kong and Mexico.Not for businesses in United States. |
| Pay people abroad | Transfers from your Paystack balance to bank accounts in your own country, and to mobile money in Ghana and M-PESA in Kenya. Domestic only. Available to Registered businesses, not Starter businesses.Not for businesses in United States. | Payouts via API or batch to bank accounts and e-wallets in 14 corridors: Indonesia, the Philippines, Malaysia, Thailand, Vietnam, Singapore, Mexico, Hong Kong, China, Australia, SEPA (EUR), South Korea, the UK and the US. |
| Multi-currency account | Dedicated Virtual Accounts: bank account numbers you create for your customers to pay into; payments are recorded against that customer and settle to your Paystack balance. Not a multi-currency holding account.Not for businesses in United States. | Multi-currency balances: businesses in Singapore, Hong Kong and the Philippines can add a USD balance alongside their local-currency balance and convert between them. Not a bank account.Not for businesses in United States. |
| Business cards | Not offered | Not offered |
| Stablecoins | Not offered | Not offered |
| Yield on idle cash | Not offered | Not offered |
| Yield on idle cashA return on money you are not using. How safe it is depends on where the return comes from, not on how high the rate is. | ||
| Where the return comes from | No yield offered | No yield offered |
| Is the money protected? | – | – |
| Does the rate change? | – | – |
| Platform & marketplaceRun payments for other businesses: sign them up, take a cut, pay them out. | ||
| Sub-accounts for your users | PartlySubaccounts let you split a payment between your main account and another bank account. No Paystack page fetched says Paystack runs KYC on subaccount holders. | YesxenPlatform sub-accounts for your merchants; KYC is either submitted by the platform or completed by the sub-account's authorised representative through an invite link. |
| Split payments and platform fees | YesSplit a transaction with one or more subaccounts by percentage or a flat fee to the main account; choose who bears Paystack's fee. | YesxenPlatform split rules deduct a platform fee or split a payment between parties, in the same currency. |
| Embeddable UI | PartlyPrebuilt Popup/Redirect checkout shows the payment methods enabled on your dashboard. No white-label onboarding or payout components were found. | PartlyXendit Components embed Xendit-managed payment UI in your web or mobile app. No embeddable onboarding or payout components were found (sub-account verification uses an invite link). |
| Pay out to your users | YesTransfers to bank accounts in your own country (NG, GH, KE, ZA), mobile money in Ghana and M-PESA in Kenya. Domestic only; Registered businesses only. | YesPayouts to bank accounts and e-wallets in 14 corridors, including cross-border; payouts to sub-account merchants' bank accounts via xenPlatform. |
| Embedded finance for your usersGive your users financial products under your brand. | ||
| Accounts that hold money | PartlyDedicated Virtual Accounts (NG, GH) give each customer a bank account number to pay you; funds settle to your balance, not to an account the user owns. | PartlyEach xenPlatform sub-account holds its own isolated balance. These are not bank accounts with account numbers. |
| Cards for your users | Not confirmedNot found in public materials (provider's own pages checked). | Not confirmedNot found in public materials (provider's own pages checked). |
| Financing for your users | Not confirmedNot found in public materials (provider's own pages checked). | Not confirmedNot found in public materials (provider's own pages checked). The website lists a 'Financing' product but its page could not be loaded (HTTP 403). |
| Consumer appsBuild for individuals, not just businesses, the way Bridge allows. | ||
| End users can be individuals | PartlyFor Nigerian businesses in Betting, Financial services and General services, Paystack validates the personal identity of customers before issuing them a Dedicated Virtual Account. This is the only consumer-KYC flow found. | Not confirmedNot found in public materials (provider's own pages checked). Payout coverage lists C2C and C2B use cases in Indonesia, the Philippines, Thailand and Vietnam, but consumer KYC on sub-accounts is not documented. |
| Consumer wallets or accounts | Not confirmedNot found in public materials (provider's own pages checked). | Not confirmedNot found in public materials (provider's own pages checked). The website lists 'E Money As A Service' but its page could not be loaded (HTTP 403). |
| Consumer cards | Not confirmedNot found in public materials (provider's own pages checked). | Not confirmedNot found in public materials (provider's own pages checked). |
| StablecoinsDollar-backed tokens as a payment and treasury rail. | ||
| Accept stablecoins | Not confirmedNot found in public materials (provider's own pages checked). Cryptocurrency operators are on Paystack's ineligible list. | Not confirmedNot found in public materials (provider's own pages checked). |
| Hold stablecoin balances | Not confirmedNot found in public materials (provider's own pages checked). | Not confirmedNot found in public materials (provider's own pages checked). |
| Pay out in stablecoins | Not confirmedNot found in public materials (provider's own pages checked). | Not confirmedNot found in public materials (provider's own pages checked). |
| Issue your own stablecoin | Not confirmedNot found in public materials (provider's own pages checked). | Not confirmedNot found in public materials (provider's own pages checked). |
| Regulatory risk in United States | No stablecoin products | No stablecoin products |
| AI agentsBuild with AI tools, and let AI agents shop and pay. | ||
| Official MCP server | YesOfficial Paystack MCP Server (npm package @paystack/mcp-server), in beta/public preview. It exposes the Paystack API to AI assistants but accepts only test secret keys (live keys are rejected). | Not confirmedNo MCP server is published in Xendit's docs (its docs index, llms.txt, lists none). Community servers on GitHub are not official. |
| Checkout for AI agents | Not confirmedNot found in public materials (provider's own pages checked). | Not confirmedNot found in public materials (provider's own pages checked). |
| Cards for AI agents | Not confirmedNot found in public materials (provider's own pages checked). | Not confirmedNot found in public materials (provider's own pages checked). |
| Working with themHow easy it is to get started. | ||
| Self-serve signup | Not confirmedNot researched yet. | Not confirmedNot researched yet. |
| Published pricing | Not confirmedNot researched yet. | Not confirmedNot researched yet. |
| Public API and sandbox | Not confirmedNot researched yet. | Not confirmedNot researched yet. |
| In short | ||
| Countries onboarded | 4 of 170 | 7 of 170 |
| Designed for | Businesses registered in Nigeria, Ghana, Kenya or South Africa collecting local payments, including bank transfers, mobile money and M-PESA. | Businesses that need local payment methods and payouts across Indonesia, the Philippines, Malaysia, Thailand and Vietnam from one account. |
| Limitations | Only businesses registered in four African countries can sign up generally (Côte d'Ivoire and Egypt are in private beta), and payouts are domestic only. | Local payment methods cover only Xendit's own markets, businesses incorporated elsewhere cannot activate cards in Indonesia, the Philippines or Thailand, and a USD 50 monthly minimum fee applies. |
Common questions
Is Paystack or Xendit available in more countries?
Xendit. Of the 170 countries we track, Paystack onboards businesses in 4 (and 2 more with limits) and Xendit in 7 (and 156 more with limits). Both serve businesses in 6. Only Xendit: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, Peru, United Kingdom, Ireland, Germany, France and 145 more.
What do Paystack and Xendit offer?
Accept payments: Paystack yes, Xendit yes. Pay people abroad: Paystack yes, Xendit yes. Multi-currency account: Paystack yes, Xendit yes. Business cards: Paystack no, Xendit no. Stablecoins: Paystack no, Xendit no. Yield on idle cash: Paystack no, Xendit no.
How do Paystack and Xendit differ for platforms and embedded finance?
Sub-accounts for your users: Paystack partly, Xendit yes. End users can be individuals: Paystack partly, Xendit not confirmed. Official MCP server: Paystack yes, Xendit not confirmed.
Who is Paystack designed for?
Businesses registered in Nigeria, Ghana, Kenya or South Africa collecting local payments, including bank transfers, mobile money and M-PESA. Limitations: Only businesses registered in four African countries can sign up generally (Côte d'Ivoire and Egypt are in private beta), and payouts are domestic only.
Who is Xendit designed for?
Businesses that need local payment methods and payouts across Indonesia, the Philippines, Malaysia, Thailand and Vietnam from one account. Limitations: Local payment methods cover only Xendit's own markets, businesses incorporated elsewhere cannot activate cards in Indonesia, the Philippines or Thailand, and a USD 50 monthly minimum fee applies.
Related comparisons