The Internet’s Money

Regional processor · Africa

Does Paystack work in Egypt?

Partly.

Paystack is limited for businesses registered in Egypt: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

What a business in Egypt can use

Paystack’s products, for a company incorporated in Egypt.

Accept paymentsLimited

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.

Pay people abroadNot available

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 Egypt.

Multi-currency accountNot available

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 Egypt.

Business cardsNot offered

Paystack does not offer this.

StablecoinsNot offered

Paystack does not offer this.

Yield on idle cashNot offered

Paystack does not offer this.

Paystack says its services are only for businesses registered in Nigeria, Ghana, South Africa and Kenya. Côte d'Ivoire and Egypt are described as a private beta, although Paystack already publishes pricing and compliance requirements for both.

Onboarding confidence: high. Source: Paystack support: What is Paystack and how does it work? (Countries we serve). Everything about Paystack

Alternatives in Egypt

Other providers that serve businesses registered there.

Selling to Egypt

How people there prefer to pay online.

  1. 1Fawry
  2. 2Meeza
  3. 3InstaPay
  4. 4Visa / Mastercard

Stablecoin rules in Egypt

High riskRestricted

Using stablecoins to pay is banned or tightly restricted.

Everything about 🇪🇬 Egypt →

Common questions

Does Paystack work in Egypt?

Partly. Paystack is limited for businesses registered in Egypt: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

Which Paystack products can a business in Egypt use?

accept payments, with limits.

What are the alternatives to Paystack in Egypt?

Providers that onboard businesses registered in Egypt: PayPal, Payoneer, Bridge, Paddle, Polar, Gumroad, FastSpring and Creem. With limits: BVNK, Rain, Flutterwave, Razorpay and Xendit.

Paystack elsewhere in Africa

Other providers in Egypt