A Paystack Starter Business is for merchants who haven't registered their business with regulators in their country. We allow these merchants to test their ideas with real customers, while they prepare to scale and register their companies.
Starter Businesses have a lifetime collections limit. At this 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|
|Nigeria (USD)||USD 5,000|
|South Africa||ZAR 80,000|
Starter Businesses will have no access to other Paystack products like Transfers and Identity verification. Nigerian businesses have limited access to the BVN verification and BVN match service.
How do we verify Paystack Starter Businesses?
Starter Businesses are personal so we verify the identity and address of the business owner.
|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|
For more information on our verification requirements as well as a guide to activating your Starter Business please refer to the articles below:
- What are the requirements for using Paystack as a Starter Business?
- How do I activate my Paystack Starter Business?