Payment processor · Africa
Does Stripe work in South Africa?
Stripe does not onboard businesses registered in South Africa.
What a business in South Africa can use
Stripe’s products, for a company incorporated in South Africa.
Cards, wallets and 100+ local payment methods. You can sell to customers in almost every country.
Connect pays out to sellers and contractors, and Global Payouts sends money to recipients in many countries.
Hold and settle balances in multiple currencies. Financial accounts with routing numbers are offered to US businesses.
Issue physical and virtual cards for your business or your users.
US businesses can accept stablecoin payments that settle as dollars. Stablecoin financial accounts (via Bridge) are offered in 100+ countries.
Stripe Treasury gives US businesses 1% a year in credits on balances above $2,000, applied to Stripe fees. Stripe says it pays no cash interest on balances.
India is invite-only. Founders elsewhere often use Stripe Atlas to form a US company, which then counts as a US business.
Onboarding confidence: high. Source: Stripe global availability. Everything about Stripe
Alternatives in South Africa
Other providers that serve businesses registered there.
Accept payments
Pay people abroad
Multi-currency account
Business cards
Stablecoins
Yield on idle cash
Selling to South Africa
How people there prefer to pay online.
- 1Visa / Mastercard
- 2Instant EFT (Ozow)
- 3Capitec Pay
- 4SnapScan / Zapper
Stablecoin rules in South Africa
Stablecoin rules are being written and may change.
Stripe’s stablecoin products are not available to businesses here.
Common questions
Does Stripe work in South Africa?
No. Stripe does not onboard businesses registered in South Africa.
What are the alternatives to Stripe in South Africa?
Providers that onboard businesses registered in South Africa: PayPal, Payoneer and dLocal. With limits: Bridge, BVNK and Rain.
Can a business in South Africa use Stripe for stablecoins?
No, according to our data. Stablecoin rules in South Africa: Rules in progress (moderate risk). Crypto assets are legally financial products, and providers need an FSCA licence. There is no specific regime for stablecoin payments yet.
Stripe elsewhere in Africa
Other providers in South Africa