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Do you know that over 70% of Nigerian freelancers struggle to receive payments from international clients? The frustration is real! I’ve been there. When I started my freelance writing business 10 years ago, getting paid was wahala! I tried everything – PayPal Nigeria (useless), Payoneer (withdrawal fees go choke person), and even direct bank transfers (stress upon stress!). Then I found Flutterwave. At first, it seemed like my savior. Payments were smooth, and I could receive international funds. But after some months, I started noticing some things – certain transaction failures, customer support delays, and unexpected charges. So, I switched to Paystack. And guess what? Things became easier. But is Paystack truly better than Flutterwave? That’s what this blog post will reveal! What You Will Learn By the end of this guide, you will know: The differences between Paystack and Flutterwave. Which payment gateway is best suited for your business. Hidden fees and charges they won’t tell you about. How to set up and withdraw your funds seamlessly. The best alternatives if neither works for you. Table of Contents What is Paystack? What is Flutterwave? Brief History of Paystack Brief History of Flutterwave Who is Flutterwave for? Who is Paystack for? Pros of Paystack Cons of Paystack Pros of Flutterwave Cons of Flutterwave Battle of Features: Paystack vs Flutterwave Pricing: Flutterwave vs Paystack, which is cheaper? Customer support services: Paystack vs Flutterwave Payment Methods: Flutterwave vs Paystack Foreign Currencies Used: Paystack vs Flutterwave What do payment gateways like Paystack and Flutterwave do? The top 5 best alternatives to Paystack and Flutterwave for Nigerians FAQ Section What is Paystack? Paystack is one of Nigeria’s leading payment gateways, allowing businesses to accept payments online and offline seamlessly. It supports multiple payment methods, including bank transfers, debit/credit cards, and USSD. Founded in 2015 by Shola Akinlade and Ezra Olubi, Paystack was built to simplify digital payments in Africa. In 2020, the company was acquired by Stripe for $200 million, solidifying its place as a top payment processor in Nigeria and beyond. What is Flutterwave? Flutterwave is another major player in the Nigerian and African fintech space. Founded in 2016 by Olugbenga Agboola and Iyinoluwa Aboyeji, Flutterwave provides businesses with tools to process international and local payments easily. With its innovative features like “Barter” and “Send,” Flutterwave has positioned itself as an all-in-one financial solution for African businesses. Brief History of Paystack Paystack started as a small startup looking to fix Nigeria’s online payment problems. The founders noticed that businesses were struggling to receive payments from customers, and they built a platform to solve this. The company quickly grew, gaining thousands of merchants, and eventually caught the attention of Stripe, which led to its massive acquisition. Brief History of Flutterwave Flutterwave was created to provide businesses with a simple way to accept payments globally. Over the years, it has expanded into multiple African countries and partnered with big brands like Uber and MTN. It has won several awards and continues to be one of Africa’s biggest fintech success stories. Who is Flutterwave for? Flutterwave is ideal for: Businesses that need to process international transactions. E-commerce platforms looking for a seamless payment solution. Freelancers and consultants working with foreign clients. Who is Paystack for? Paystack is best for: Nigerian businesses focused on local transactions. Small businesses that want an easy-to-use payment solution. Startups looking for affordable transaction fees. Pros of Paystack Easy integration with websites and apps. Supports multiple payment methods. Affordable transaction fees. Cons of Paystack Limited support for some international transactions. Payout delays can occur during bank downtimes. Pros of Flutterwave Supports multiple foreign currencies. Great for businesses that need to process global payments. Cons of Flutterwave Higher fees compared to Paystack. Customer support can be slow at times. Battle of Features: Paystack vs Flutterwave Both platforms offer great features, but Paystack is better for local transactions, while Flutterwave shines in international payments. Pricing: Flutterwave vs Paystack, which is cheaper? Paystack has lower transaction fees for local payments, while Flutterwave is more expensive due to its international capabilities. Customer support services: Paystack vs Flutterwave Paystack generally has better customer support response times, while Flutterwave has faced complaints about delays. Payment Methods: Flutterwave vs Paystack Both platforms support debit/credit cards, bank transfers, and USSD, but Flutterwave offers more international options. Foreign Currencies Used: Paystack vs Flutterwave Flutterwave supports more global currencies, while Paystack focuses on African currencies. What do payment gateways like Paystack and Flutterwave do? Payment gateways act as the bridge between businesses and banks, enabling seamless digital transactions. The top 5 best alternatives to Paystack and Flutterwave for Nigerians Opay Monnify Remita VoguePay Interswitch FAQ Section Which payment gateway is best in Nigeria? I t depends on your needs. Paystack is great for local businesses, while Flutterwave is ideal for global transactions. How much does Paystack charge per transaction? 1.5% for local payments and 3.9% for international transactions. How much does Flutterwave charge per transaction in Nigeria? 2.5% for local transactions and up to 3.8% for international payments. Conclusion If you need a reliable payment gateway, Paystack and Flutterwave are your top choices. Choose based on your business needs! Simon Taki Zaku Founder, CEO, IbiFoundry LLC For the IbiFoundry.com.ng E-magazine. ibifoundry@gmail.com ; simonzakucom@gmail.com .

Paystack vs. Cash App: Which Payment Platform is Right for You? Choosing the right payment platform is crucial for businesses and individuals looking for seamless transactions. Paystack and CashApp are two popular options, but they serve different markets and offer unique features. In this comparison, we'll break down their key differences to help you decide which is best for your needs. What is Paystack? Paystack is a payment gateway that enables businesses in Africa to accept payments online and offline. It was acquired by Stripe in 2020 and is widely used in Nigeria, Ghana, and other African countries. What Does Paystack Do? Paystack allows businesses to accept payments via debit and credit cards, bank transfers, USSD, and mobile money. It provides APIs for developers, fraud detection, and invoicing solutions to help businesses manage transactions efficiently. What is CashApp? Cash App is a peer-to-peer payment platform developed by Block, Inc. (formerly Square). It is primarily used in the United States and the UK for sending and receiving money, investing in stocks and Bitcoin, and making purchases with the Cash Card. What Does CashApp Do? Cash App allows users to transfer money instantly, invest in stocks and cryptocurrency, and use a linked debit card (Cash Card) for spending. It also provides direct deposit options and a Boost feature for discounts at select retailers. Features of Paystack Multiple payment methods (cards, bank transfers, USSD, mobile money) Easy integration with websites and apps Automated and one-time payments API for developers to customize payment processes Fraud detection and security tools Detailed payment analytics Payouts and business finance management Features of CashApp Instant peer-to-peer money transfers Bitcoin and stock trading Cash Card for spending at stores or online Direct deposit and bank transfers Boosts for discounts at select retailers QR code-based payments Paystack Pricing 1.5% per local transaction (capped at ₦2,000) 3.9% per international transaction No setup fees or monthly charges Cash App Pricing 3% fee for credit card payments 1.5% fee for instant transfers Free standard bank transfers Fees for Bitcoin transactions depend on market rates Differences Between Paystack and CashApp Similarities Between Paystack and CashApp Both allow users to send and receive money. They provide online and mobile payment solutions. Security features to protect transactions. User-friendly interfaces for quick transactions. Which is Best for Nigerian Businesses? Paystack is the best choice for Nigerian businesses, as it supports multiple payment methods used in Africa and offers tools for businesses to manage their transactions efficiently. Who Should Use Paystack? African businesses that need a reliable online payment solution. Entrepreneurs who sell products or services online. Developers who need an API for integrating payments into websites or apps. Businesses that want a secure way to manage transactions. Who Should Use Cash App? Individuals in the US or UK who want to send and receive money easily. People looking to invest in stocks and Bitcoin. Users who want a convenient payment app with a linked debit card. Anyone who wants to take advantage of Cash App's Boost discounts. Conclusion Both Paystack and Cash App have their strengths, but the right choice depends on your location and needs. If you're running a business in Africa, Paystack is the best option. If you're in the US or UK and need a personal finance tool, Cash App is more suitable. Frequently Asked Questions (FAQ) 1. Can I use Paystack in the US? No, Paystack is currently only available in select African countries. 2. Is Cash App available in Nigeria? No, Cash App is only available in the US and UK. 3. Does Paystack support Bitcoin transactions? No, Paystack does not support cryptocurrency transactions. 4. Can I integrate Paystack with my website? Yes, Paystack provides APIs and plugins for easy website integration. 5. Is Cash App free to use? Cash App offers free money transfers, but instant transfers, Bitcoin purchases, and credit card transactions have fees. Need help setting up the right payment platform? Let us know in the comments! I've updated the post with detailed sections, including definitions, features, pricing, differences, similarities, best choice for Nigerian businesses, user recommendations, and an FAQ. Let me know if you need any more refinements!

Affiliate marketing is one of the easiest ways to start making money online… if you do it right. But most people fail. How We Run Affiliate Marketing on IBIFoundry (And How You Can Start Too) Why? Because they jump in blindly, throwing random affiliate links everywhere and hoping to get lucky. But here’s the shocking truth: The people making $1,000s in affiliate marketing  (like we do at IBIFoundry) follow a proven system. In this blog post, I’m revealing exactly how we do affiliate marketing on IBIFoundry —our strategies, the mistakes we avoid, and how you can start making money online today. Let’s get into it. Table of Contents Introduction: My First Affiliate Sale (And How It Changed Everything) What Is Affiliate Marketing? The IBIFoundry Strategy: How We Made Our First Affiliate Sale Finding the Perfect Products Signing Up for the Right Platforms Creating Content Consistently Using Strategic Affiliate Links Optimizing for SEO Repurposing Content for More Traffic How to Start Affiliate Marketing Today (Step-by-Step) Conclusion Frequently Asked Questions on How to Start Affiliate Marketing Introduction: My First Affiliate Sale (And How It Changed Everything) It was 2018. I was deep into blogging, experimenting with different ways to make money online. One day, I signed up for the Thrive Leads  affiliate program, wrote a simple blog post about it, and added my affiliate link. A few weeks later, I logged in and saw something unbelievable: I had made my first affiliate sale. It was just a few dollars, but it felt like I had cracked the code. I was hyped! Fast forward to today, IBIFoundry makes thousands of dollars  through affiliate marketing, using a refined strategy that consistently drives sales. And in this post, I’m going to break it all down for you. What Is Affiliate Marketing? Affiliate marketing is simple: You promote other people’s products and earn a commission for every sale made through your link. Think of it like this… You refer someone to a great restaurant, and the owner thanks you with a cash reward. That’s basically what affiliate marketing is, but online! It’s a multi-billion-dollar industry , and some people are making $10,000+ per month  just by sharing useful recommendations. But here’s the catch… Not all affiliate marketing strategies work. So, let me show you the exact method we use at IBIFoundry to generate consistent  affiliate commissions. The IBIFoundry Strategy: How We Made Our First Affiliate Sale We Found Perfect Products That Match IBIFoundry Randomly promoting products is a bad strategy. Instead, we chose products that: Align with IBIFoundry’s audience  (entrepreneurs, bloggers, and online business owners). Have great affiliate programs  (good commission rates and reliable payments). Solve real problems  (things we actually use and recommend). Signed Up for Platforms We joined reputable affiliate networks  like: Impact PartnerStack ShareASale Amazon Associates These platforms give access to thousands of products, making it easy to find the best ones. Created Content Consistently for Weeks No traffic = No sales. So, we started publishing valuable blog posts, product reviews, and comparison articles  to attract readers. For example, our CartFlows Alternatives  post was a game-changer—it ranked on Google and brought in our first affiliate commissions. Used Strategic Affiliate Links We never spam links . Instead, we: Placed links naturally inside helpful content. Used call-to-actions  like “Check out this tool here” instead of just dumping links. Tested different placements  to see what converts best. Optimized Each Content for SEO We made sure our blog posts ranked on Google by: Targeting low-competition, high-search volume keywords. Using SEO-friendly blog structures  (like this one). Adding internal links to boost rankings. Repurposed Each Content One blog post isn’t enough. So, we repurpose content into: Pinterest Pins YouTube videos LinkedIn posts This drives extra traffic  and leads to more affiliate sales. How You Can Begin Affiliate Marketing (Step-by-Step) Pick a niche  (stick to what you know). Join affiliate programs  (Amazon, PartnerStack, Impact, etc.). Create helpful content  (product reviews, guides, comparisons). Place your affiliate links strategically  (inside valuable content). Focus on SEO  (to get free Google traffic). Repurpose your content  (turn blog posts into social media posts). Be consistent  (affiliate marketing takes time, but it works!). Conclusion Affiliate marketing is one of the easiest ways to start making money online —but only if you do it right. At IBIFoundry, we built our affiliate income using a simple but effective strategy: choosing the right products, creating valuable content, and optimizing for SEO. If you’re serious about making money online, start today! And if you need help growing your blog or website with SEO , IBIFoundry is here for you. Now, over to you… What’s stopping you from trying affiliate marketing? Frequently Asked Questions on How to Start Affiliate Marketing How much can I make from affiliate marketing? It depends on your effort and strategy. Some make a few dollars, while others earn $10,000+ monthly. How long does it take to make money with affiliate marketing? It can take weeks or months. Success depends on traffic, content quality, and consistency. What are the best affiliate programs for beginners? Amazon Associates, Impact, PartnerStack, and ShareASale are great places to start. Simon Taki Zaku Founder, CEO, IbiFoundry LLC For the IbiFoundry.com.ng E-magazine. ibifoundry@gmail.com ; simonzakucom@gmail.com .

Breakdown at a Glance: This IbiFoundry guide compares Bluehost vs HostGator, covering speed, uptime, pricing, and features to help you decide! Going for Bluehost or Hostgator? Are You Making the Right Hosting Choice? HostGator vs Bluehost: I Tested Both – Here’s My Verdict! Bluehost vs HostGator – Which One Won’t Let You Down? You’ve finally decided to launch your website. Maybe it's an e-commerce store, a blog, or a personal brand site. You’re excited, ready to get started… but then—bam! You hit a wall. Bluehost or HostGator? Two of the biggest web hosting giants. Both promising insane speed, top-notch security, and amazing uptime. But which one is actually worth your money? Let’s dive into this head-to-head showdown! What You Will Learn What Bluehost and HostGator offer The pros and cons of each hosting provider How they compare in terms of speed, security, and customer support Which one is the best choice for your website Table of Contents What is Bluehost? What is HostGator? Pros of Bluehost Cons of Bluehost Pros of HostGator Cons of HostGator Similarities Between Bluehost and HostGator Differences Between Bluehost and HostGator Head-to-Head Comparison Why Choose Bluehost? Why Choose HostGator? My Final Pick FAQs What is Bluehost? Founded in 2003, Bluehost is one of the most popular web hosting providers, officially recommended by WordPress. It powers over 2 million websites worldwide and is known for its beginner-friendly interface, reliable uptime, and affordability. What is HostGator? HostGator, also founded in 2002, is another big name in the hosting industry, boasting over 2 million users. It’s popular for its budget-friendly plans, flexible hosting options, and solid performance. Pros of Bluehost WordPress-Recommended:  One of the few hosts officially recommended by WordPress. Reliable Uptime:  Maintains a 99.9% uptime guarantee. Free Domain:  Comes with a free domain for the first year. Beginner-Friendly:  Simple dashboard and 1-click WordPress installation. Excellent Customer Support:  24/7 live chat and phone support. Cons of Bluehost Renewal Prices Are High:  The introductory price is great, but renewal costs can be expensive. No Monthly Billing Option:  You must commit to at least a year. Limited Basic Plan:  The cheapest plan has storage and website limitations. Pros of HostGator Affordable Plans:  One of the cheapest hosting providers. Unmetered Bandwidth:  No limits on how much data your website can use. 45-Day Money-Back Guarantee:  Longer than Bluehost’s 30-day refund policy. Great Customer Support:  24/7 live chat, phone, and ticket support. Scalable Plans:  Can handle small and large websites. Cons of HostGator Slower Load Speeds:  Not as fast as Bluehost in most tests. Upselling Add-ons:  Lots of optional add-ons during checkout. Data Centers Only in the U.S.:  No global data center options. Similarities Between Bluehost and HostGator Owned by the Same Company:  Both are owned by Endurance International Group (EIG). cPanel Interface:  Easy-to-use control panel for website management. 1-Click WordPress Installation:  Super easy to set up WordPress. 24/7 Customer Support:  Both offer reliable support. Differences Between Bluehost and HostGator Feature Bluehost HostGator Uptime 99.99% 99.9% Speed Faster overall Slightly slower WordPress Integration Recommended Not officially recommended Pricing Higher renewal rates More budget-friendly Refund Policy 30 days 45 days Head-to-Head Comparison Let’s break it down: Best for Beginners:  Bluehost (simpler interface, easier setup) Best for Budget Seekers:  HostGator (cheaper plans, longer refund period) Best for Speed & Uptime:  Bluehost (faster servers and better uptime) Best for Scalability:  HostGator (handles large websites well) Why Choose Bluehost? Go with Bluehost if: You want a fast, reliable host  with great uptime. You need a WordPress-friendly  host. You prefer an easy-to-use  dashboard. Why Choose HostGator? Go with HostGator if: You’re on a tight budget  and need affordable hosting. You prefer a longer refund policy . You want unlimited bandwidth  for growing websites. My Final Pick - The Ultimate Showdown (Which One is Best for Your Business?) So… who wins between Hostgator and Bluehost? Bluehost  is the better choice for most users—especially bloggers, small businesses, and WordPress users. The speed, uptime, and ease of use make it the smarter investment. But if you’re looking for a cheaper option , HostGator  is still a solid pick! Now, over to you… which one are you choosing? FAQs Is Bluehost better than HostGator? Bluehost is generally better for speed, uptime, and WordPress integration, while HostGator is more budget-friendly. Which is cheaper, Bluehost or HostGator? HostGator has cheaper plans and a longer refund policy. Does Bluehost have a money-back guarantee? Yes, Bluehost offers a 30-day money-back guarantee. Does HostGator have a money-back guarantee? Yes, but HostGator offers a longer 45-day refund policy. Simon Taki Zaku, Founder, CEO, IbiFoundry.com.ng For Ibifoundry.com.ng/blog .

"Paystack vs. Stripe: Which payment gateway is best for your business? This in-depth guide reveals shocking insights and a head-to-head comparison of features, pricing, and usability." Have you ever tried to receive payments from clients abroad, only to be met with one wahala after another? My friend, I know that struggle too well! Stripe vs. Paystack: Which One Is Better for Your Online Business? Ten years ago, when I started my freelance writing business, getting paid was like climbing Olumo Rock with slippers. PayPal Nigeria wouldn’t let me receive payments, Payoneer had its own annoying limits, and even local banks made things harder than necessary. Then I stumbled upon Flutterwave. It worked… for a while. But I needed something better, something that truly suited my brand. That’s when I switched to Paystack. Years later, when I launched my first eBook, How to Build Relationships with Popular Bloggers , I used Stripe to collect payments internationally. So, which one is better for your business—Paystack or Stripe? Let’s find out! What You Will Learn - Stripe vs. Paystack: Shocking Truths No One Tells You! In this blog post, I’ll break down everything you need to know about Paystack and Stripe, including: Their features and pricing Who they are best suited for The pros and cons of each The best alternatives for Nigerians And much more! Stick with me, because by the end of this post, you’ll know exactly which one to choose for your business. Table of Contents What is Paystack? What is Stripe? Brief History of Paystack Brief History of Stripe Who is Stripe for? Who is Paystack for? Pros of Paystack Cons of Paystack Pros of Stripe Cons of Stripe Pricing: Stripe vs Paystack, which is cheaper? Customer support services: Paystack vs Stripe The top 5 best alternatives to Paystack and Stripe for Nigerians FAQs Conclusion What is Paystack? Paystack is a Nigerian payment gateway that enables businesses to accept payments from customers via multiple channels, including cards, bank transfers, and USSD. It is widely used in Africa and is known for its seamless integration with local banks. What is Stripe? Stripe is a globally recognized payment processing platform that allows businesses to accept online payments from various sources, including credit and debit cards, bank transfers, and digital wallets. It is popular for its developer-friendly API and extensive global reach. Brief History of Paystack Payment Gateway in Nigeria Ever tried to pay for something online in Nigeria and had your transaction fail for no good reason? Annoying, right? Well, before Paystack came into the picture, that was the everyday reality for Nigerian businesses and customers. How Paystack Nigeria Started in 2015 In 2015, two Nigerian entrepreneurs, Shola Akinlade and Ezra Olubi, set out to solve one of the biggest problems African businesses faced—reliable online payments. At the time, most Nigerian businesses struggled with outdated payment systems, bank downtimes, and an overall lack of trust in online transactions. Shola, a software engineer with experience in banking technology, built the first version of Paystack as a simple tool to help businesses accept payments seamlessly. Together with Ezra, a talented designer and developer, they launched Paystack with a bold mission: to make online payments in Nigeria effortless. Early Growth and Recognition Their idea quickly gained traction. In 2016, Paystack became the first Nigerian startup to be accepted into Y Combinator (YC)—a prestigious Silicon Valley accelerator that has backed companies like Dropbox, Airbnb, and Stripe. This was a major win, as it gave them access to funding, mentorship, and a global network of investors. Armed with a $120,000 investment from YC, Paystack officially launched to the public. Nigerian businesses, from small startups to big brands, began adopting the platform. Why? Because Paystack made it ridiculously easy to accept payments via cards, bank transfers, and even USSD—a game-changer in a country where many people don’t use credit or debit cards regularly. As Paystack grew, it became more than just a payment gateway. It helped thousands of businesses—e-commerce stores, freelancers, subscription services, and even NGOs—collect payments effortlessly . Before long, banks and traditional financial institutions started taking notes, and more fintech startups followed Paystack’s lead. By 2020, Paystack had processed over 50% of all online payments in Nigeria , powering businesses like MTN, Domino’s Pizza, Bolt, and even government agencies . Brief History of Stripe Payment Gateway Ever tried to pay for something online, and the checkout process felt like solving a complex math equation? Yeah, that’s exactly the kind of problem Stripe  set out to fix. How Stripe Was Built; Back in 2010, two Irish brothers, Patrick and John Collison , saw a huge gap in the online payment industry. At the time, businesses struggled with complicated payment gateways, slow bank integrations, and excessive paperwork just to accept payments online. Patrick and John, both self-taught programmers, realized that setting up online payments shouldn’t be rocket science . So, they built Stripe—a developer-friendly payment solution that allowed businesses to integrate payments with just a few lines of code. Their goal? Make online payments as simple as sending an email. With a sleek, API-driven system, Stripe quickly became the go-to payment gateway for tech companies, e-commerce brands, and even Fortune 500 businesses . Startups like Shopify, Lyft, and Instacart  adopted Stripe early on, and as these businesses grew, so did Stripe. By 2016 , Stripe had expanded into over 25 countries , allowing businesses around the world to accept payments online without the usual banking headaches. It introduced game-changing features like instant payouts, subscription billing, and fraud detection , making it one of the most powerful payment solutions in the world. Who is Stripe Ideal for? Stripe is best suited for businesses with a global customer base, especially those looking for extensive payment customization, automation, and integration capabilities. Who is Stripe for? (And Why You Might Need It Too) Ever wondered if Stripe is the right payment solution for you? 🤔 You're not alone. Stripe is one of the most popular online payment processors in the world, but who exactly should be using it? Here; Freelancers & Solo Entrepreneurs E-commerce Businesses SaaS & Subscription-Based Businesses Digital Product Creators Let's break it down. 👇 1. Stripe is for Freelancers & Solo Entrepreneurs If you're a freelancer or run a one-person business, Stripe makes it ridiculously easy to accept payments from clients—especially those overseas. No more "Do you have PayPal?" or "Can you send me a bank transfer?" headaches. With Stripe, you get: A simple checkout page for clients Subscription-based payments (great for retainers) Lower fees compared to many PayPal transactions Whether you're a writer, designer, developer, coach, or consultant, Stripe is a no-brainer  for getting paid. 2. Stripe is Also Perfect for E-commerce Businesses and Online Stores Running an online store? Stripe is built for you. Platforms like Shopify, WooCommerce, and Magento seamlessly integrate  with Stripe, letting you: Accept credit cards, Apple Pay, Google Pay, and more Handle refunds and chargebacks effortlessly Automate recurring billing for subscriptions Unlike PayPal, which can sometimes freeze accounts without warning, Stripe gives you more control over your money . 3. SaaS & Subscription-Based Businesses Use Stripe too If you run a software business (SaaS) or offer monthly memberships , Stripe is one of the best tools out there . Why? Because: It’s designed for automated recurring billing You can create different pricing plans (monthly, yearly, etc.) It handles failed payments and retries automatically Stripe powers thousands of SaaS companies , including Slack, Notion, and Zoom. If they trust it, you probably should too . 4. Digital Product Creators  Use Stripe Payment Gateway to Sell Online Selling eBooks? Online courses? Templates? Stripe makes it easy to sell digital products without hassle . You get: Instant payouts to your bank Secure payment processing with fraud protection The ability to sell worldwide without extra fees Platforms like Gumroad, Kajabi, and Teachable all use Stripe for payments. 5. Stripe is Also Great for Nonprofits & Fundraisers Stripe also supports nonprofits and donation-based platforms . You can: Set up one-time or recurring donations Accept payments from anywhere in the world Get discounted fees as a registered nonprofit If you're running a crowdfunding campaign or charity , Stripe is a solid choice. 6. Marketplaces & Platforms   Stripe is perfect if you're building a multi-vendor marketplace , like: A ride-sharing app (think Uber or Bolt) A freelance platform (like Upwork) A ticketing site (like Eventbrite) With Stripe Connect , you can easily split payments  between different sellers on your platform. This means less manual work  for you and a smoother experience for users. Who is Paystack Perfect for? Who is Paystack Payment Gateway Perfect for? Have you wondered if Paystack is the right payment solution for you? Paystack is one of the most popular payment processors in Africa, but who exactly should be using it? Let’s break it down. 1. Freelancers & Solo Entrepreneurs If you’re a freelancer or run a one-person business, Paystack makes it incredibly easy to accept payments from clients—especially if you work with businesses and individuals across Africa. With Paystack, you get: A simple checkout page for clients to pay you seamlessly Multiple payment options including card payments, bank transfers, and USSD Automated invoicing to help manage payments professionally Whether you’re a writer, designer, developer, coach, or consultant, Paystack offers a hassle-free way to get paid without dealing with unnecessary bank issues. 2. E-commerce Businesses Running an online store? Paystack is designed for African e-commerce businesses, making it easy to process transactions securely. With Paystack, you can: Accept credit cards, debit cards, bank transfers, USSD, and mobile money Handle refunds and chargebacks effortlessly Integrate with Shopify, WooCommerce, and other e-commerce platforms Paystack is a great alternative to PayPal for African businesses, as it provides reliable local payment solutions  without the usual restrictions that come with international payment processors. 3. SaaS & Subscription-Based Businesses If you run a software business (SaaS) or offer subscription-based services , Paystack simplifies recurring billing. It helps you: Automate payments for subscription plans Create multiple pricing options (monthly, yearly, etc.) Handle failed payments and retries automatically Many African startups and tech businesses trust Paystack to manage their billing systems because it is optimized for the region. 4. Digital Product Creators Selling eBooks, online courses, templates, or any digital product? Paystack allows you to: Accept payments instantly and receive payouts directly to your bank Provide secure payment processing with fraud protection Sell to a broad audience across Africa with multiple payment options Platforms like Selar and Teachable integrate with Paystack to give digital creators a seamless payment experience. 5. Nonprofits & Fundraisers Paystack also supports nonprofits and donation-based platforms  looking to raise funds locally and internationally. You can: Set up one-time or recurring donations Accept payments via multiple channels, including cards, bank transfers, and USSD Get discounted fees as a registered nonprofit If you’re running a crowdfunding campaign or charity organization , Paystack makes it easy to collect and manage donations. 6. Marketplaces & Platforms Paystack is perfect if you’re building a multi-vendor marketplace , such as: A ride-sharing app A freelance marketplace A ticketing or event booking site With Paystack Split Payments , you can easily distribute funds among different sellers on your platform, making it easier to manage payments without manual processing. Paystack Features: Paystack is one of Nigeria’s most popular payment gateways , helping businesses accept payments quickly, securely, and with minimal setup hassle . It’s widely used by startups, e-commerce stores, freelancers, and even large enterprises . But what exactly makes Paystack stand out? Here are its key features and why businesses love it : 1. Multiple Payment Options Paystack makes it super easy for customers to pay , supporting a variety of payment methods, including: Credit & Debit Cards (Visa, Mastercard, Verve, AMEX) Bank Transfers  (customers can pay by sending money directly to a provided bank account) USSD Payments  (for customers without internet access) Mobile Money & POS Payments Apple Pay  (for international customers) With these options, businesses can serve both local and international customers effortlessly . 2. Fast & Easy Setup Unlike some payment gateways that require weeks of paperwork , Paystack allows businesses to: Sign up and get approved quickly Start accepting payments within 24-48 hours Use simple, no-code integrations (great for non-developers) This makes it perfect for freelancers, small businesses, and startups  looking for a hassle-free payment solution. 3. Instant Settlement & Quick Payouts One of Paystack’s biggest advantages is fast payouts . Payout Speed:  Businesses get next-day settlements  (T+1) for local transactions. Multiple Payout Methods:  Receive funds via bank transfers or to mobile wallets . Automated Payouts:  Businesses can set up automatic withdrawals to their preferred bank account. This ensures businesses have quick access to their earnings , unlike platforms like Stripe, which can take up to 7 days  to settle payments. 4. Subscription & Recurring Billing   For businesses that offer subscriptions or membership plans , Paystack provides built-in recurring billing . Customers can save their card details securely Automated recurring payments without manual follow-ups Perfect for SaaS businesses, gyms, online courses, and digital services With this feature, businesses don’t have to worry about reminding customers to pay every month —Paystack handles it automatically. 5. Paystack Storefront (No Website Needed!) Don’t have a website? No problem! With Paystack Storefront , businesses can: Create a simple online store  (for free) Sell digital & physical products without needing a website Accept online payments easily This is great for small businesses, creators, and side hustlers  who want to start selling online without hiring a web developer . 6. Paystack Invoices & Payment Links Freelancers and service providers don’t need a website  to collect payments—just use Paystack Payment Links ! Create professional invoices & send them to clients Customers can pay online via card, bank transfer, or USSD Track payment status in real-time This makes it easier for Nigerian freelancers, consultants, and businesses to collect payments hassle-free . 7. Fraud Protection & Security Paystack takes security seriously  and uses top-tier fraud prevention tools like: PCI DSS Compliance  – Ensures all transactions are safe & encrypted Two-Factor Authentication (2FA)  – Adds an extra security layer for online transactions Automated Fraud Detection  – Identifies and blocks suspicious transactions With these protections, both businesses and customers feel secure using Paystack . 8. Seamless API for Developers  For tech startups and developers, Paystack offers one of the best APIs for payments . Highly customizable payment flows Integrate Paystack with websites, mobile apps, and software Supports e-commerce platforms like WooCommerce, Shopify, and Magento This makes Paystack a top choice for businesses that need a flexible payment system . 9. Paystack Terminal (For Physical Stores & POS Payments) Businesses that operate both online and offline  can use Paystack Terminal —a POS system that allows customers to pay in-store using cards, QR codes, or mobile payments . Accept in-person payments easily Sync transactions with online sales Great for restaurants, retail stores, and service businesses With this, businesses can run both online and offline payment processing from one platform . Pros of Paystack Payment Gateway If you're running a business in Nigeria (or anywhere in Africa), accepting payments smoothly is non-negotiable . The last thing you want is for customers to abandon their cart just because the payment gateway didn’t work. That’s where Paystack  shines. Unlike traditional bank payment systems that are slow and unreliable, Paystack offers a fast, secure, and user-friendly way to collect payments . But what makes it stand out? Let’s dive into the key benefits: 1. Easy Integration for Businesses One of Paystack’s biggest strengths is how ridiculously easy  it is to set up. Whether you're a developer or a non-tech business owner, you can integrate Paystack with: Websites & E-commerce stores  (WordPress, Shopify, Magento, etc.) Mobile apps  (Android, iOS) Custom-built platforms  using Paystack’s API Even if you have zero coding knowledge, Paystack provides ready-made plugins  to get you up and running in minutes. No complex bank paperwork, no hidden fees—just seamless payments. 2. Multiple Payment Methods Unlike some platforms that force customers to pay one way, Paystack offers multiple payment options , ensuring no sale is lost due to limited choices . Customers can pay via: Debit & Credit Cards  (Visa, Mastercard, Verve) Bank Transfers  (direct payment to your Paystack account) USSD Codes  (for customers who don’t use online banking) Mobile Money  (for users in Ghana and other African markets) Apple Pay  (for international transactions) This flexibility makes it ideal for businesses targeting a wide audience , including people who prefer cashless payments and those who don’t have credit cards. 3. Quick Payment Processing & Payouts No one likes waiting days to receive their money, and Paystack understands that. Unlike traditional banks that delay settlements , Paystack processes transactions in real-time  and ensures businesses get paid within 24 hours . For businesses handling large volumes of transactions, you can even automate payouts to multiple bank accounts , saving you time and stress. 4. High-Level Security & Fraud Protection Online fraud is a big problem  in Nigeria and across Africa, but Paystack takes security seriously . It’s PCI-DSS certified , meaning it follows global security standards to protect users’ financial data. Key security features include: Fraud detection tools  to prevent fake transactions OTP & 3D Secure authentication  for extra protection Automatic transaction monitoring  to flag suspicious activity With Paystack, you and your customers can trust that every transaction is safe . 5. Detailed Analytics & Business Insights Want to know who’s buying from you, how they’re paying, and when they’re most active?   Paystack’s dashboard gives you access to real-time reports and analytics , including: Total sales & revenue tracking Transaction history & status updates Customer insights  (repeat buyers, payment trends, etc.) These insights help you make smarter business decisions , optimize your pricing, and improve customer experience. 6. Subscription & Recurring Payments If your business runs on a subscription model  (e.g., SaaS, membership sites, or digital products), Paystack makes it easy to collect recurring payments  without needing manual follow-ups. Customers can: Subscribe once  and get charged automatically every month/year Save their card details  for future payments Cancel or update their subscriptions easily This is a game-changer for businesses  that rely on steady, predictable income. 7. Affordable & Transparent Pricing Unlike some payment platforms that eat into your profits with hidden fees , Paystack offers transparent, competitive pricing : 1.5% + ₦100 per local transaction  (capped at ₦2,000) 3.9% + ₦100 per international transaction 0% setup or maintenance fees That means you only pay when you make sales —no monthly fees, no extra charges. 8. Excellent Customer Support Ever tried reaching out to a Nigerian bank’s customer support? Yeah… let’s just say patience is required. But with Paystack, you get: Fast response times via email, chat, and phone Extensive Help Center with tutorials & FAQs Dedicated support for developers & businesses Their customer service is one of the best in the fintech space , making troubleshooting a breeze. Cons of Paystack Paystack is one of the most popular payment gateways in Nigeria and Africa, offering seamless transactions, security, and fast payouts. However, no payment gateway is perfect , and Paystack has some limitations that businesses should be aware of. Here are the key disadvantages of using Paystack : 1. Limited Availability Outside Africa While Paystack is great for businesses in Nigeria, Ghana, South Africa, and Kenya (beta), it’s not available in many other countries . If you plan to scale your business internationally or serve customers outside Africa, you might need a more globally recognized payment gateway like Stripe or PayPal . 2. High Fees for International Transactions Paystack charges 3.9% + ₦100 per international transaction , which is higher compared to competitors like Stripe (2.9% + $0.30) . If your business relies heavily on international payments, these high transaction fees can reduce your profit margins . 3. No PayPal Integration Many international customers prefer PayPal for payments, but Paystack does not support PayPal transactions . This means you may need to set up PayPal separately , which can complicate your checkout process and potentially cause you to lose customers who prefer using PayPal. 4. Occasional Downtime & Payment Failures Like most online payment platforms, Paystack experiences occasional downtime  due to server issues, bank network failures, or maintenance updates. This can cause: Delayed payments Failed transactions Customer frustration For businesses handling time-sensitive transactions , these downtimes can lead to lost sales and unhappy customers . 5. Requires Internet for Most Transactions Unlike USSD or offline payment solutions, Paystack requires internet access  to process transactions. This can be a major challenge in areas with poor internet connectivity , making it difficult for businesses to accept payments from customers who don’t have reliable internet access. 6. Limited Chargeback & Refund Policy Paystack does allow refunds, but the process is not as seamless as PayPal or Stripe . Merchants are responsible for processing refunds manually . Chargebacks (forced refunds from banks) are not always guaranteed . This means that if a customer wants their money back, they may struggle to get a refund , leading to trust issues and potential customer disputes . 7. Some Nigerian Banks Have Transaction Issues Even though Paystack works with most Nigerian banks, some smaller banks may have issues processing transactions smoothly . Customers using less tech-savvy banks  may face: Failed transactions Delayed processing times Restrictions on their cards Encouraging customers to use major banks like GTBank, Access Bank, or Zenith Bank  can help reduce these issues. Paystack Pricing: How Much Does It Cost to Use? Paystack is one of the most affordable and transparent payment gateways in Nigeria, offering straightforward pricing with no hidden fees . Whether you’re a freelancer, entrepreneur, or large business, knowing the costs involved can help you make the right decision. 1. Transaction Fees (Per Payment Processed): Paystack charges a small fee per transaction, depending on whether the payment is local (within Nigeria) or international. Here’s the breakdown: Payment Type Transaction Fee Local Transactions (Naira Payments) 1.5% + ₦100  (Capped at ₦2,000) International Transactions (USD, GBP, etc.) 3.9% + ₦100  (No cap) Bank Transfers (Pay with Bank) 1.5% + ₦100  (Capped at ₦2,000) USSD Payments 1.0% (Capped at ₦2,000) POS Payments (For Merchants Using Paystack POS) 0.5% per transaction Note:  The ₦100 fee is waived for transactions below ₦2,500. 2. Payout Fees (Withdrawing Your Money): Getting your money from Paystack is fast and easy , but there’s a small withdrawal fee: Payout to Nigerian Bank Account:   ₦10 per withdrawal Settlement Time:   Next business day  (T+1) Instant Payouts Available!  If you need faster payouts , Paystack offers instant settlement for an extra fee . 3. Chargeback Fees (Disputed Payments) If a customer disputes a payment and requests a refund, Paystack does NOT charge a fee  for chargebacks. However, if the dispute is valid, you may have to refund the customer . Tip:  Use Paystack’s fraud protection tools  to avoid chargebacks and disputes. 4. Paystack POS Pricing (For In-Person Sales) If you run a physical store  and want to accept POS payments , Paystack offers POS terminals  at competitive rates: POS Device Price:   ₦45,000 – ₦100,000  (Depending on the model) Transaction Fee:   0.5% per POS transaction Settlement Time:   Instant or Next Day (T+1) Who Should Use This?  If you own a retail store, supermarket, or restaurant , Paystack POS is a great way to accept card payments without delays. 5. Paystack Additional Fees for Advanced Feature Paystack offers extra features, most of which are free , but some may come with additional costs: Recurring Payments (Subscriptions & Auto-Billing)  – Free Payment Pages & Invoicing  – Free Custom API Integrations (For Developers & Businesses)  – Free Bulk Payouts to Multiple Accounts  – Custom pricing based on volume Verdict: Is Paystack Affordable? Paystack is Best For: Businesses selling to Nigerian customers  (Affordable local fees) Freelancers & entrepreneurs accepting online payments Physical stores & businesses using Paystack POS Paystack is Not Ideal For: Businesses focused on international customers  (Stripe may be better) People who need instant global payouts  (Paystack works best for Nigerian payments) Final Tip:  If most of your customers pay in Naira , Paystack is one of the cheapest and easiest payment gateways to use . It’s built for Nigerian businesses and offers fast settlements, low fees, and reliable service ! Stripe Features Stripe is one of the world’s leading online payment gateways, but its availability in Nigeria has been limited . Unlike Paystack, which was built specifically for the Nigerian market, Stripe is not officially available for businesses registered in Nigeria . However, there are still ways for Nigerians to use Stripe , especially if they have an international business structure. Here’s what you need to know about Stripe’s features for Nigerian entrepreneurs, freelancers, and businesses . 1. Multiple Payment Methods (Global Reach) Stripe supports a wide variety of payment methods , allowing Nigerian businesses to accept payments from customers across the world. Credit & Debit Cards  (Visa, Mastercard, American Express, etc.) Bank Transfers & Direct Debits Apple Pay & Google Pay  (for mobile payments) Cryptocurrency (via integrations like BitPay) Buy Now, Pay Later (BNPL) Options  (like Klarna & Afterpay) This makes Stripe one of the best choices for Nigerian entrepreneurs selling to international customers , such as SaaS businesses, e-commerce stores, and digital product sellers. 2. Advanced Subscription & Recurring Billing Stripe’s billing system is one of the best in the world , offering: Automatic recurring payments  (perfect for SaaS businesses and membership sites) Flexible billing cycles  (weekly, monthly, annually) Smart invoicing & dunning management  (to recover failed payments) If you run a subscription-based business, Stripe is a top-tier option  for handling customer payments. 3. International Business Support (Through Stripe Atlas) Since Stripe is not officially supported for Nigerian-registered businesses , the best way for Nigerians to use Stripe is through Stripe Atlas —a service that allows entrepreneurs to: Register a U.S. company remotely Open a U.S. business bank account Access Stripe’s full payment processing features With Stripe Atlas, Nigerian entrepreneurs can legally run an international business and accept payments globally . 4. Fraud Protection & Security Stripe has industry-leading security measures  to prevent fraud and protect businesses from chargebacks, including: Stripe Radar  – Uses AI to detect and block fraudulent transactions PCI DSS Compliance  – Ensures that all card payments are securely encrypted 3D Secure Authentication (3DS2)  – Adds extra layers of security for payments 5. Instant Payouts (For U.S. & Other Eligible Countries) Stripe offers instant payouts , but this feature is only available in supported countries like the U.S., U.K., and Canada. For Nigerian businesses using Stripe Atlas , payouts typically take 2-7 business days  to process. Alternative:  If you need faster payouts in Nigeria , consider using Paystack or Flutterwave  for local transactions. 6. No-Code Payment Links & Checkout Pages Even if you don’t have a website , you can still collect payments using Stripe Payment Links . Create & send payment links via email, WhatsApp, or social media No coding required  – Set up a payment page in minutes Supports one-time & recurring payments This makes Stripe a great option for freelancers, consultants, and Nigerian entrepreneurs  who work with international clients . 7. Developer-Friendly API (Highly Customizable) For businesses that need a custom payment solution , Stripe provides one of the best APIs in the industry . Easily integrates with websites & mobile apps Works with platforms like Shopify, WooCommerce, and Magento Supports automation & AI-powered analytics This makes Stripe a great choice for Nigerian developers, startups, and tech companies  that want a powerful, flexible payment gateway. Pros of Stripe Platform Stripe is one of the most widely used online payment gateways globally, powering transactions for businesses of all sizes—from small startups to Fortune 500 companies. It’s known for its developer-friendly features, global reach, and seamless integration. Here are the key advantages of using Stripe: 1. Global Availability & Multi-Currency Support Unlike many payment gateways that are restricted to certain countries, Stripe is available in over 40+ countries and supports payments in 135+ currencies. This makes it a great choice for businesses with international customers, as customers can pay in their local currencies while merchants receive payments in their preferred currency. 2. Lower Transaction Fees for International Payments Compared to other payment gateways, Stripe offers competitive pricing, especially for international transactions. Stripe Fees: 2.9% + $0.30 per international transaction Paystack Fees: 3.9% + ₦100 per international transaction If you process a lot of international payments, Stripe can save you money on transaction fees compared to African-based gateways like Paystack or Flutterwave. 3. Seamless Integration & Developer-Friendly API Stripe is known for its powerful and flexible API, allowing businesses to: Customize their payment experience Build subscription models, marketplaces, and complex payment flows Integrate with mobile apps, eCommerce stores, and SaaS platforms This developer-first approach makes Stripe ideal for tech startups, SaaS companies, and marketplaces that need more customization. 4. Supports Multiple Payment Methods Stripe supports a wide range of payment options, making it easier for businesses to cater to different customer preferences. Credit & Debit Cards (Visa, Mastercard, Amex, etc.) Digital Wallets (Apple Pay, Google Pay, Alipay, WeChat Pay, etc.) Buy Now, Pay Later (Afterpay, Klarna, Affirm, etc.) Bank Transfers, ACH Payments, SEPA, and more This level of payment flexibility makes it one of the best platforms for global businesses. 5. Built-in Fraud Protection & Security Stripe has advanced fraud detection tools, including: Stripe Radar – Uses machine learning to detect and prevent fraudulent transactions. 3D Secure Authentication – Adds an extra layer of security for online card payments. PCI Compliance – Ensures secure handling of customer payment data. These security features help businesses reduce chargebacks, fraud risks, and unauthorized transactions. 6. Automated Payouts & Fast Settlements Stripe processes payouts faster compared to many traditional payment processors. Depending on the country, merchants receive their funds within 2-7 days. Additionally, Stripe offers Instant Payouts in supported countries, allowing businesses to access their funds instantly for a small fee. 7. Subscription & Recurring Billing Support Stripe is a top choice for SaaS businesses, membership platforms, and subscription-based services because of its powerful recurring billing system. With Stripe Billing, businesses can: Automate subscription charges Offer free trials and discounts Manage invoicing and tax compliance This makes it one of the best platforms for businesses with recurring revenue models. 8. PayPal Alternative for Global Businesses Many businesses prefer Stripe over PayPal because: Lower fees for high-volume transactions Better developer tools for custom integrations More transparent pricing (no hidden fees) For global businesses, Stripe is often the best PayPal alternative, especially for those needing seamless integration and lower processing costs. 9. 24/7 Customer Support Stripe provides 24/7 customer support via chat, email, and phone, ensuring businesses can quickly resolve payment issues. Additionally, Stripe has comprehensive documentation, tutorials, and an active developer community to help users get the most out of the platform. Cons of Stripe Payment Gateway While Stripe is one of the most powerful and widely used payment gateways globally, it’s not perfect . Businesses should be aware of some potential downsides before choosing it as their primary payment processor. Here are the key disadvantages of using Stripe : 1. Not Available in Many Countries Despite being a global payment processor, Stripe is still not available in many countries , especially in parts of Africa, Asia, and the Middle East . For example, Stripe is not fully available in Nigeria, Kenya, or many other African countries , which forces businesses in these regions to look for alternatives like Paystack or Flutterwave . What we recommend:  If Stripe isn’t available in your country, you may need to use a local payment gateway or a workaround like Stripe Atlas (which helps businesses register in the U.S.). 2. Complicated Setup for Non-Developers While Stripe is highly customizable , it’s not the easiest platform for beginners . If you don’t have coding experience, setting up Stripe’s API can be confusing . Unlike PayPal or Paystack, which offer simple plug-and-play integrations, Stripe requires some technical knowledge  to fully integrate with a website or app. Solution:  If you're not tech-savvy, you may need to hire a developer or use a third-party Stripe integration tool like Zapier, WooCommerce, or Shopify . 3. Higher Chargeback Risks & Strict Policies Stripe has strict chargeback and dispute policies , which can sometimes favor the customer over the business . If a customer disputes a charge, Stripe automatically deducts the amount from your account  while the dispute is being investigated. Businesses have to provide proof that the transaction was valid, which isn’t always easy. Stripe also charges a $15 dispute fee  (or more, depending on the country) per chargeback , even if you win the case. Solution:  Use Stripe Radar , its built-in fraud detection tool, to reduce chargeback risks. 4. Delayed Payouts for New Businesses Unlike Paystack, which offers next-day payouts , Stripe’s default payout time is 2-7 business days , depending on your country. For new businesses, Stripe may hold funds for longer periods (up to 14 days)  until they establish a transaction history. Solution:  Businesses in eligible countries can use Instant Payouts , but this comes with extra fees. 5. Higher Fees Compared to Some Competitors While Stripe’s transaction fees are reasonable, they can be higher than some local payment gateways , especially for small businesses. Stripe Fees (U.S.):  2.9% + $0.30 per transaction Paystack Fees (Nigeria):  1.5% + ₦100 for local transactions (capped at ₦2,000) Flutterwave Fees (Africa):  1.4% per transaction (capped at ₦2,000) What to do:  If you process a lot of local transactions, consider combining Stripe with a local payment gateway  to reduce costs. 6. No Built-in PayPal Support Unlike some platforms that allow you to accept both Stripe and PayPal payments in one checkout , Stripe does not directly integrate with PayPal . If many of your customers prefer PayPal, you’ll need to offer PayPal as a separate payment option , which can make your checkout process less seamless . Try This:  Use third-party checkout tools like WooCommerce, Shopify, or SamCart , which allow both Stripe and PayPal payments. 7. Strict Account Freezing & Banning Policies Stripe has strict fraud prevention measures , which sometimes lead to accounts being frozen or banned without prior warning . If Stripe detects suspicious activity, high chargeback rates, or policy violations , they may suspend or terminate your account . Once an account is banned, it’s difficult to get it reinstated . Solution:  Carefully read Stripe’s Terms of Service  to ensure your business model complies with their policies. Also, keep chargeback rates low  to avoid account issues. Stripe Pricing: How Much Does It Cost for Nigerians? Stripe is known for its transparent and competitive pricing , but since Stripe is not officially available in Nigeria , pricing depends on how you set up your account. If you register a U.S. business through Stripe Atlas  or use Stripe in another supported country, here’s what you can expect. 1. Transaction Fees (Per Payment Processed) Stripe charges a small percentage per transaction , depending on the payment method. Here’s a breakdown of standard Stripe fees : Payment Method Fee (U.S. Stripe Account) Domestic Card Payments (USD) 2.9% + $0.30 per transaction International Card Payments 3.9% + $0.30 per transaction ACH Bank Transfers 0.8% (max $5) Wire Transfers $8 per transfer Crypto Payments (via integrations) Varies by provider Note:  If you’re processing payments in other currencies (GBP, EUR, etc.), fees may vary slightly . 2. Payout Fees (Withdrawing Your Money) Stripe payout speeds depend on the country of your business registration : U.S., UK, & Most Supported Countries  – 2-day standard payout Some European & Asian Countries  – 5-7 day payout window Nigeria (Using Stripe Atlas)  – You’ll need a U.S. bank account  (Stripe won’t pay directly to a Nigerian bank) Possible Solution for Nigerians:  Use Wise, Payoneer, or Mercury Bank  to receive Stripe payouts and convert to Naira . 3. Chargeback Fees If a customer disputes a payment, Stripe charges a $15 fee per chargeback  (refunded if the dispute is won). Tip:  To reduce chargebacks, enable 3D Secure (3DS2) authentication and fraud protection tools . 4. Stripe Atlas Pricing (For Nigerian Entrepreneurs) Since Stripe is not available for Nigerian-registered businesses , many entrepreneurs use Stripe Atlas  to set up a U.S. company. Here’s the cost: One-time Setup Fee:   $500  (covers U.S. business registration, EIN, & Stripe account) Annual Delaware State Tax:   $100–$300 per year Optional Extras:  U.S. bank account (usually free) Is Stripe Atlas Worth It?  If you sell to a global audience , it’s a great way for Nigerians to access Stripe, PayPal, and other international banking services . 5. Additional Fees for Advanced Features Stripe offers extra services that come with additional fees: Stripe Billing (Recurring Payments & Invoicing)  – +0.5% per recurring transaction Stripe Connect (For Marketplaces & Platforms)  – Custom pricing Stripe Terminal (For In-Person Payments)  – Hardware costs + transaction fees Radar (Fraud Prevention)  – Free for basic protection, advanced tools start at +$0.02 per transaction Verdict: Is Stripe Affordable for Nigerians? Stripe is Best For: Nigerians selling to global customers Freelancers & SaaS businesses accepting international payments Entrepreneurs using Stripe Atlas for a U.S. business setup Also, it is Not Ideal For: Businesses that primarily sell in Nigeria (Paystack & Flutterwave are cheaper) Merchants who need instant local payouts (Stripe has delays for international transfers) Final Tip:  If your business serves mostly Nigerian customers , Paystack is cheaper and easier to use . But if you want to scale globally , Stripe (via Stripe Atlas) is a solid investment! party services like Payoneer for withdrawals. Conclusion - My Final Verdict on Paystack or Stripe; Should You Use Stripe or Paystack? Choosing between Paystack and Stripe depends on your business needs. If you run a Nigerian business focused on local transactions, Paystack is your best bet. It’s easy to use, integrates seamlessly with Nigerian banks, and offers great support. However, if you sell internationally, Stripe provides more flexibility with multiple currencies and global payment options—though accessing it from Nigeria requires workarounds. Before deciding, consider your target market, transaction volume, and preferred payout options. The right payment gateway should simplify your transactions, increase your revenue, and provide the best experience for your customers. Need expert guidance on choosing and setting up the perfect payment system for your business? Let’s talk! I specialize in helping businesses streamline their payment processes, optimize for conversions, and scale their online sales. Contact me (Simon - IbiFoundry LLC CEO) today  at ibifoundry@gmail.com  or simonzakucom@gmail.com , and let’s get your business running seamlessly! Frequently Asked Questions - The Honest Truth You Need to Know About Paystack and Stripe for Nigerians! Is Paystack owned by Stripe? Yes, Stripe acquired Paystack in 2020 for $200 million. However, Paystack continues to operate independently, focusing on African markets. Is Stripe allowed in Nigeria? No, Stripe is not officially available in Nigeria. However, some Nigerian entrepreneurs register Stripe accounts using business entities in countries where Stripe is supported. Who is better than Stripe? It depends on your needs. Stripe is excellent for global transactions, but alternatives like Paystack, Flutterwave, and Payoneer are better for Nigerian and African businesses. What is the African version of Stripe? Flutterwave and Paystack are often called the "African Stripe" because they provide similar payment processing services tailored for Africa. Can I link Paystack to Stripe? No, Paystack and Stripe operate as separate payment processors, and there is no direct integration between them. Which country owns Stripe? Stripe is a U.S. company founded by Irish brothers Patrick and John Collison. Which payment gateway is best in Nigeria? Paystack is one of the best options for Nigerian businesses because it supports local banks, mobile money, and Nigerian Naira transactions. How do I withdraw money from Stripe in Nigeria? Since Stripe is not available in Nigeria, users typically withdraw funds using third-party services like Payoneer or Wise, which allow transfers to Nigerian bank accounts. Can I use Stripe as a bank account? No, Stripe is a payment processor, not a traditional bank. However, Stripe Treasury offers banking-like services in some supported countries. Which is bigger, PayPal or Stripe? PayPal has a larger global user base, but Stripe is preferred by businesses for its developer-friendly APIs and seamless integrations. Is Stripe 100% safe? Yes, Stripe is highly secure and complies with global security standards, including PCI DSS, encryption, and fraud prevention tools. Is Stripe better than Payoneer? Stripe is better for businesses needing custom payment integrations, while Payoneer is ideal for freelancers receiving international payments. Are Stripe and Paystack the same? No, they are different payment gateways. Paystack primarily serves African businesses, while Stripe is a global payment processor. Can Nigerians pay with Stripe? Yes, Nigerians can pay merchants who accept Stripe, as long as the payment method supports international transactions. Can I transfer money from Stripe to a bank? Yes, if Stripe is available in your country, you can withdraw funds to your linked bank account. However, Nigerians must use third-party services like Payoneer for withdrawals. What are some Paystack and Stripe Alternatives for Nigerians? Flutterwave Payoneer VoguePay Interswitch Remita Simon Taki Zaku Founder, CEO, IbiFoundry LLC For the IbiFoundry.com.ng E-magazine. ibifoundry@gmail.com ; simonzakucom@gmail.com .

Is Printful the Best Print-On-Demand Service? Find Out Now Have you ever wondered how to start an online business without the hassle of managing inventory? Amina is a budding entrepreneur from Kaduna, who had a passion for design but limited resources. She stumbled upon Printful, a print-on-demand service that promised to handle production and shipping, allowing her to focus on creating unique designs. Within months, Amina transformed her passion into a thriving online store, reaching customers worldwide. According to a 2024 survey, 33% of online businesses now utilize print-on-demand services to streamline operations and reduce overhead costs. Intrigued? Let's delve into the world of Printful and explore how it can revolutionize your business. Table of Contents Introduction What is Printful History of Printful Who owns Printful Features of Printful Printful Products Printful Print On Demand Who is Printful for Printful Pricing How to Get Started with Printful Step-by-Step How to Login to Printful Printful Vs Printify Frequently Asked Questions on Printful What is Printful? Printful is a leading print-on-demand (POD) and dropshipping service that enables individuals and businesses to create and sell custom products online without holding inventory. By integrating with various e-commerce platforms, Printful handles everything from printing to shipping, allowing sellers to focus on design and marketing. History of Printful Founded in 2013, Printful began as a small startup aiming to simplify the process of selling custom products online. Over the years, it has grown into a global enterprise with fulfillment centers across North America and Europe, serving hundreds of thousands of customers worldwide. Who Owns Printful? Printful is a privately held company co-founded by Lauris Liberts and Davis Siksnans. Their vision was to create a seamless solution for entrepreneurs to launch and manage online stores without the complexities of inventory management. Features of Printful Printful offers a plethora of features designed to streamline the e-commerce experience: Wide Product Range:  From apparel to home decor, Printful boasts an extensive catalog of customizable products. E-commerce Integrations:  Seamlessly connect your Printful account with platforms like Shopify, WooCommerce, Etsy, and more. Mockup Generator:  Visualize your designs on products before listing them, ensuring a professional presentation. Warehousing & Fulfillment:  Store your products in Printful's warehouses, and they'll handle the packing and shipping. Branding Options:  Add custom labels, packaging, and inserts to enhance your brand's identity. Printful Products Printful's product catalog is vast, catering to various niches and markets: Clothing:  T-shirts, hoodies, leggings, and more. Accessories:  Hats, bags, phone cases, etc. Home & Living:  Posters, mugs, pillows, and wall art. Printful Print-On-Demand Model Printful follows a straightforward print-on-demand model: You upload a design. A customer places an order. Printful prints and ships the product directly to the customer. Who is Printful for? Printful is ideal for: Entrepreneurs looking to start an online store. Artists and designers wanting to sell their artwork on merchandise. Businesses needing branded merchandise. Social media influencers monetizing their audience. Printful Pricing Printful operates on a pay-per-product basis. There are no upfront costs, but you pay for the base product and printing when an order is placed. Additional costs may include: Custom branding fees. Warehousing fees for stored inventory. How to Get Started with Printful (Step-by-Step Guide) Sign Up:  Create an account on Printful’s website. Integrate with an E-commerce Platform:  Connect your store (Shopify, WooCommerce, Etsy, etc.). Upload Your Designs:  Use Printful’s mockup generator. Set Your Pricing:  Decide on your profit margins. Launch and Promote Your Store:  Start marketing your products. How to Login to Printful Visit Printful’s website . Click on “Login.” Enter your email and password. Access your dashboard and start managing your store. Printful Vs Printify Feature Printful Printify Fulfillment Centers Owned by Printful Third-party providers Branding Options Extensive Limited Pricing Higher but includes quality assurance Lower but varies by provider Integrations Shopify, Etsy, WooCommerce, etc. Shopify, WooCommerce, eBay, etc. Product Range Wide selection Larger selection but dependent on print providers Frequently Asked Questions (FAQs) Q1: Is Printful free to use? Yes, Printful is free to use. You only pay when you place an order. Q2: Can I use Printful in Nigeria? Yes, Printful ships worldwide, including Nigeria. However, shipping times and costs may vary. Q3: How long does Printful take to ship? Shipping times depend on location and product type. Most orders are fulfilled within 2–7 business days. Q4: Does Printful offer refunds? Printful only offers refunds for damaged or misprinted items. Final Thoughts Printful is a powerful tool for entrepreneurs looking to start an online business without inventory. Whether you're a designer, business owner, or influencer, Printful provides a seamless way to sell custom products globally. Ready to get started? Sign up today and take your brand to the next level!

Read this to find Out Why I Switched From PayPal to Paystack (And Never Looked Back) Can’t withdraw your funds? Client refusing to pay because you don’t have PayPal? Ah, my guy, I know the struggle! Why I Switched From PayPal to Paystack (And Never Looked Back) When I started freelancing over 10 years ago, getting paid was harder than getting a visa appointment. I tried PayPal Nigeria—rejected. Payoneer? Messy fees. Even Flutterwave had some wahala at the time. It got so frustrating that I nearly quit. But then, I found Paystack. Game changer! Although I still lost some clients because they only wanted PayPal or Zelle (which barely works in Nigeria), Paystack helped me secure more local and international payments without the usual headache. So, which one should you use—Paystack or PayPal? Let’s dive in and find out! What You Will Learn The major differences between Paystack and PayPal Which payment gateway is better for Nigerians Pros and cons of both platforms Which one is cheaper and has better features The best alternatives if neither works for you Table of Contents What is Paystack? What is PayPal? Who is PayPal for? Who is Paystack for? Pros of Paystack Cons of Paystack Pros of PayPal Cons of PayPal Battle of Features: Paystack vs PayPal Pricing: PayPal vs Paystack, Which is Cheaper? Differences between PayPal and Paystack The Top 10 Best Alternatives to Paystack and PayPal for Nigerians FAQ Section Conclusion Let's Explain Both Paystack and PayPal What is Paystack Payment Gateway? Paystack is a Nigerian payment gateway that allows businesses to accept payments online. It’s widely used in Nigeria and other African countries. Unlike PayPal, it supports local bank transfers, mobile money, and card payments. Paystack was founded in 2015 by Shola Akinlade and Ezra Olubi. It quickly became the leading payment gateway in Nigeria, helping businesses process online payments seamlessly. In 2020, it was acquired by Stripe for over $200 million. What is PayPal Payment Gateway? PayPal is one of the world’s most popular online payment platforms. It allows users to send and receive money globally. However, in Nigeria, its full features are not available. Most Nigerians can only send money, not receive it. PayPal was founded in 1998 and became a global giant in digital payments. It was acquired by eBay in 2002 but later became independent. Despite its success, PayPal has strict restrictions on Nigerian users. Who is PayPal for? (And Why You Might Need It Too) PayPal is one of the most widely used online payment processors in the world, but who exactly should be using it? 1. Freelancers & Solo Entrepreneurs: If you’re a freelancer or run a one-person business, PayPal makes it incredibly easy to accept payments from clients—especially if you work with international clients. 2. E-commerce Businesses: Running an online store? PayPal is designed for global e-commerce businesses, making it easy to process transactions securely. 3. SaaS & Subscription-Based Businesses: If you run a software business (SaaS) or offer subscription-based services , PayPal provides built-in tools for recurring billing. 4. Digital Product Creators: Selling eBooks, online courses, templates, or any digital product? PayPal allows you to accept payments instantly and withdraw funds quickly, provide secure transactions with buyer and seller protection, sell to a broad international audience with trusted payment processing 5. Nonprofits & Fundraisers: PayPal is widely used by nonprofits and fundraising platforms due to its easy donation processing and global reach. If you’re running a charity or crowdfunding campaign , PayPal is a solid choice for collecting and managing funds. 6. Marketplaces & Platforms: PayPal is ideal if you’re building a multi-vendor marketplace . With PayPal for Marketplaces , you can easily split payments between different sellers and automate transaction management. Who is Paystack for? (And Why You Might Need It Too) Paystack is one of the most popular payment processors in Africa, but who exactly should be using it? 1. Freelancers & Solo Entrepreneurs: If you’re a freelancer or run a one-person business, Paystack makes it incredibly easy to accept payments from clients. 2. E-commerce Businesses: Running an online store? Paystack is designed for African e-commerce businesses, making it easy to process transactions securely. 3. SaaS & Subscription-Based Businesses: If you run a software business (SaaS) or offer subscription-based services , Paystack simplifies recurring billing. 4. Digital Product Creators: Paystack allows you to:, accept payments instantly and receive payouts directly to your bank, provides secure payment processing with fraud protection, and also sell to a broad audience across Africa with multiple payment options 5. Nonprofits & Fundraisers: Paystack also supports nonprofits and donation-based platforms  looking to raise funds locally and internationally. 6. Marketplaces & Platforms: Paystack is perfect if you’re building a multi-vendor marketplace . With Paystack Split Payments , you can easily distribute funds among different sellers on your platform, making it easier to manage payments without manual processing. Advantages and Disadvantages of Both Paystack and PayPal Pros of Paystack: Here are the top advantages of using Paystack: 1. Easy Setup & Integration: One of the biggest advantages of Paystack is how easy it is to set up. Even if you don’t have coding knowledge, you can still create a Paystack payment page and start receiving payments within minutes. 2. Multiple Payment Options: Paystack gives businesses the flexibility to accept payments in various ways, making it easy for customers to pay using their preferred method. 3. Fast Payouts & Settlements: Unlike some payment processors that take several days to process payouts, Paystack offers fast settlement times. For businesses in Nigeria and other supported African countries, funds are typically settled within 24 to 48 hours . 4. Advanced Fraud Protection: Security is a major concern for any online business, and Paystack takes it seriously. With Paystack, businesses can feel confident about protecting themselves and their customers. 5. Subscription & Recurring Payments: For SaaS businesses, membership sites, or any business that offers subscription-based services, Paystack has a built-in recurring billing system . 6. Customizable Payment Pages: With Paystack, businesses can create custom payment pages  that allow customers to make payments effortlessly. This is particularly useful for freelancers, consultants, and small businesses that want to accept payments without a complicated setup. 7. Competitive & Transparent Pricing: Paystack has one of the most competitive transaction fees  in the industry, making it a cost-effective choice for businesses. For local transactions, Paystack charges 1.5% + ₦100 (capped at ₦2,000) , while international transactions attract 3.9% + ₦100 . There are no hidden fees , ensuring businesses can accurately calculate their revenue. 8. Excellent Customer Support: Many businesses praise Paystack’s customer service for being responsive, knowledgeable, and helpful . They offer: 24/7 email support, a help center  with detailed guides, and a developer-friendly support team  for technical queries Cons of Paystack ( Redflags to Consider Before Using It) While Paystack has plenty of advantages, it also has a few downsides that businesses should consider before fully committing to the platform. 1. Limited Country Availability: One of the biggest drawbacks of Paystack is that it’s only available in a few African countries, including Nigeria, Ghana, South Africa, and Kenya. If you operate in a country where Paystack isn’t supported, you’ll have to look for alternative payment solutions. 2. Higher Fees for International Transactions: While Paystack’s local transaction fees are competitive, international payments come with a higher fee of 3.9% + ₦100 . For businesses that rely on a global customer base, these fees can add up quickly, reducing profit margins. 3. No Built-In Refund System: Unlike some competitors, Paystack doesn’t offer a built-in refund system. If a customer requests a refund, merchants have to process it manually through their bank, which can be time-consuming and inconvenient. 4. Limited Multi-Currency Support: Although Paystack allows international transactions, it doesn’t support a wide range of currencies. Currently, businesses can only accept payments in NGN, GHS, ZAR, and KES . This can be a limitation for businesses that want to expand into new markets with different currencies. 5. Occasional Downtimes: Like any online service, Paystack is not immune to technical issues. Some users have reported occasional downtimes, which can temporarily disrupt payment processing. While these instances are rare, businesses that rely heavily on real-time transactions may find this frustrating. Pros of PayPal (Why Millions Trust It) Here are the key advantages of using PayPal: Global Acceptance  – PayPal is available in over 200 countries and supports multiple currencies. Strong Security Features  – Advanced encryption, fraud detection, and buyer protection. Easy Integration with Online Stores  – Compatible with Shopify, WooCommerce, and other platforms. Fast & Convenient Transactions  – Quick money transfers without the need for bank details. Multiple Payment Options  – Accepts credit cards, debit cards, bank transfers, and PayPal balance. Mobile-Friendly Payments  – Pay easily with PayPal on mobile devices and apps. Business-Friendly Features  – Invoicing, subscriptions, and PayPal Business tools for entrepreneurs. Buyer & Seller Protection  – Covers eligible transactions against fraud and disputes. Pay Later & Installments  – Offers flexible payment options for buyers. No Monthly Fees for Personal Accounts  – No hidden costs unless you use advanced business services. Cons of PayPal (Where It Falls Short) While PayPal is a great payment platform, it’s not perfect. Here are some of its drawbacks: High Transaction Fees  – PayPal charges higher fees compared to some competitors, especially for international transactions. Account Freezing & Limitations  – PayPal can freeze or limit accounts without warning, causing delays in accessing funds. Slow Withdrawal Times  – Depending on your country, withdrawing funds to a bank account can take several business days. Strict Dispute Resolution  – PayPal often sides with buyers in disputes, making it risky for sellers. Currency Conversion Fees  – PayPal’s exchange rates are often unfavorable, leading to additional costs for international transactions. Limited Customer Support  – Users frequently report difficulties in reaching customer service for urgent issues. Battle of Features: Paystack vs PayPal - Comparison Paystack Features: Local payment processing for African businesses. Supports multiple payment methods (cards, bank transfers, USSD, mobile money). Seamless integration with eCommerce platforms. Lower transaction fees compared to PayPal. Strong fraud prevention tools. Supports subscription and recurring payments. Instant payouts for merchants. PayPal Features: Global payment processing in over 200 countries. Accepts credit/debit cards, bank transfers, and PayPal balance. Easy integration with international eCommerce platforms. Strong security and buyer protection. Allows for Pay Later and installment options. Business-friendly features like invoicing and mass payouts. Comparing Paystack's Features to PayPal's Features: Availability:  Paystack is ideal for African businesses, while PayPal supports global transactions. Payment Methods:  Paystack supports mobile money and USSD, making it more suited for African users, while PayPal offers Pay Later options and global currency support. Transaction Fees:  Paystack generally has lower fees for local payments, whereas PayPal charges higher fees, especially for international transactions. Security & Buyer Protection:  Both platforms have strong security, but PayPal provides more extensive buyer protection. Ease of Integration:  Both are easy to integrate with online stores, but PayPal has wider global eCommerce compatibility. Payout Speed:  Paystack provides instant payouts, while PayPal withdrawals may take longer. If you’re running a business in Africa, Paystack is a better choice for local transactions. However, if you need global reach and buyer protection, PayPal may the better option. Finally, I Compared Pricing: Which is Cheaper? Paystack or PayPal? Paystack Pricing: Local transactions: 1.5% + ₦100  (capped at ₦2,000) International transactions: 3.9% + ₦100 No hidden fees for withdrawals or chargebacks. PayPal Pricing: Domestic transactions: 2.9% + fixed fee International transactions: 4.4% + fixed fee Additional fees for currency conversion and chargebacks. My Final Verdict on Which is Cheaper between Paystack and PayPal:  Paystack is generally cheaper for African businesses processing local payments, while PayPal is costlier due to higher international fees and currency conversion charges. Top 10 Online Payment Gateway Alternatives for Nigerians Here’s a list of 12 great PayPal and Paystack alternatives  for Nigerians, including both global and local payment gateways: Stripe: A powerful international payment gateway similar to PayPal, but currently not fully available for Nigerian businesses without workarounds. Flutterwave: A top Nigerian alternative to Paystack, offering seamless online payments, multiple currencies, and mobile money integration. Monnify: A Nigerian-based payment platform specializing in bank transfers, making it ideal for businesses that want direct settlements. VoguePay: A local payment processor that allows individuals and businesses to receive payments via cards, bank transfers, and crypto. Remita: Popular in Nigeria for bulk payments, salary disbursements, and government-related transactions. Chipper Cash: A mobile-based cross-border payment app that allows Nigerians to send and receive money across Africa and beyond. Payoneer: A great PayPal alternative for Nigerians who need international payments, with support for USD, EUR, GBP, and more. OPay: A fast-growing Nigerian fintech offering mobile payments, banking, and business payment solutions. Quickteller: Operated by Interswitch, Quickteller allows businesses to receive payments and users to pay bills, transfer funds, and buy airtime. Paga: A well-established Nigerian fintech that provides mobile money services and business payment solutions. Klasha: A fintech company making it easier for Nigerians to pay international merchants while supporting cross-border transactions. Rave by Flutterwave: A specialized Flutterwave service offering seamless API integration for businesses that want to receive payments globally. Frequently Asked Questions on Paystack and PayPal Is Paystack the same as PayPal? No, Paystack and PayPal are different payment platforms. PayPal is a global online payment service used in over 200 countries, while Paystack is an African-focused payment gateway primarily used in Nigeria, Ghana, Kenya, and South Africa. Can I receive USD with Paystack? Yes, businesses in Nigeria can receive USD payments through Paystack, but they need to have a domiciliary (USD) bank account  linked for withdrawals. What platform is better than PayPal? The best alternative depends on your needs. Stripe, Payoneer, and Wise (formerly TransferWise)  offer better features for freelancers and international transactions, while Paystack and Flutterwave  are better for Nigerian businesses. Who is PayPal's biggest competitor? PayPal's biggest competitor globally is Stripe . Other major competitors include Payoneer, Wise, Square, and Apple Pay . Which app works like PayPal in Nigeria? Apps like Paystack, Flutterwave, Chipper Cash, and OPay  work similarly to PayPal for online payments and money transfers in Nigeria. Can I link Paystack to PayPal? No, Paystack and PayPal are separate platforms and cannot be directly linked. However, you can use them separately for different transactions. Which payment platform is best? The best platform depends on your needs: Best for Nigerian businesses:  Paystack, Flutterwave, Monnify Best for freelancers:  Payoneer, Wise, Chipper Cash Best for international transactions:  Stripe, PayPal Which country has the best PayPal? PayPal works best in countries like the United States, Canada, the UK, and Australia , where users have full access to all PayPal features, including receiving and withdrawing funds easily. Is Payoneer better than PayPal? For freelancers and international businesses, Payoneer is often better  than PayPal because: Lower transaction fees Better exchange rates Ability to withdraw in multiple currencies, however, PayPal is still more widely accepted for online purchases and payments. What is a perfect alternative to PayPal for Nigerians? Paystack is a great alternative to PayPal for African businesses, as it provides reliable local payment solutions without the usual restrictions that come with international payment processors. Conclusion - Paystack or PayPal? Which is Right for You? If you’re in Nigeria and need a reliable payment gateway, Paystack is a solid choice. But if you deal with international clients who insist on PayPal, you may need a workaround. What do you think? Have you used PayPal or Paystack? Share your experience in the comments! Want more Nigerian entrepreneurial tips? Join our Entrepreneurship Newsletter! Ready to level up? Enroll in the IBI Foundry Academy today! Support our mission! Donate to the IBI Foundry Foundation. Simon Taki Zaku Founder, CEO, IbiFoundry LLC For the IbiFoundry.com.ng E-magazine. ibifoundry@gmail.com ; simonzakucom@gmail.com .

Have You Been Sleeping on PalmPay? Here’s What You Need to Know! PalmPay App: The Shocking Truth No One Tells You! Let’s be honest… In Nigeria, finding a fast, reliable, and stress-free payment app is like searching for a power bank when PHCN strikes—frustrating! But what if I told you there's one app making waves right now? Enter PalmPay —the fintech app that’s shaking up mobile banking in Nigeria. But is it really the best? Or just another hype? In this deep dive, we’ll uncover the shocking truths  about PalmPay, from its ownership and security to how you can make money using it. Keep reading—you might just rethink your banking choices! What You Will Learn Who owns PalmPay and how it works How to download the PalmPay app Whether CBN recognizes PalmPay (because we don’t want wahala) How to earn money on PalmPay The pros and cons of PalmPay compared to other mobile banks And so much more! Table of Contents What is PalmPay? Which bank owns PalmPay? Who is the CEO of PalmPay? How to contact PalmPay customer service How to download the PalmPay app Is PalmPay recognized by CBN? Which is better: PalmPay or OPay? How to make money on PalmPay Pros of PalmPay Cons of PalmPay FAQs Conclusion What is PalmPay? PalmPay is a digital payment app that allows users to send and receive money, buy airtime, pay bills, and even earn rewards. Launched in 2019, PalmPay has quickly grown into one of Nigeria’s top fintech platforms. Which Bank Owns PalmPay? PalmPay is owned by Transsnet Financial , a joint venture between Transsion Holdings  (the parent company of Tecno, Infinix, and Itel) and NetEase , a Chinese technology company. Who is the CEO of PalmPay? The current CEO of PalmPay is Chika Nwosu , a fintech expert who previously worked at 9mobile and other major financial institutions. How to Contact PalmPay Customer Service Need to reach PalmPay? Here’s how: Phone:  018886888 Email:   support@palmpay.com Social Media:  @PalmPayApp on Twitter and Facebook How to Download the PalmPay App Downloading the PalmPay app is simple! Follow these steps: Go to the App Store or Google Play Store Search for "PalmPay"  and click on the official app Click "Install"  and wait for the download to complete Open the app, sign up, and start enjoying PalmPay! Is PalmPay Recognized by CBN? Yes! PalmPay is fully licensed by the Central Bank of Nigeria (CBN)  and operates legally as a mobile money service provider. Which is Better: PalmPay or OPay? PalmPay and OPay are two of Nigeria’s most popular fintech apps, but which one is better? Here’s a quick comparison: PalmPay:  Great for rewards, easy transfers, and bill payments OPay:  Offers more services like ride-hailing, betting, and loans Both are good, but it depends on what you need! How to Make Money on PalmPay Yes, you can make money using PalmPay! Here’s how: Referral Bonuses  – Invite friends and earn cash rewards Cashback on Transactions  – Earn discounts and bonuses on purchases PalmPay POS Business  – Become an agent and earn commission on transactions Pros of PalmPay PalmPay comes with some impressive benefits: Fast and Easy Transactions  – Send and receive money in seconds Cashback & Rewards  – Earn bonuses when you use the app Low Transaction Fees  – Affordable compared to traditional banks Licensed by CBN  – 100% legal and secure User-Friendly Interface  – Simple, clean, and easy to navigate Cons of PalmPay But let’s be honest—nothing is perfect. Here are some drawbacks: Customer Support Issues  – Some users complain about slow responses Limited Features  – Fewer services compared to competitors like OPay Network Glitches  – Occasional app downtimes reported FAQs Is PalmPay available on iOS? Yes! You can download it from the Apple App Store . Is PalmPay available on Android? Absolutely! It’s available on the Google Play Store  for Android users. Which bank is PalmPay under? PalmPay operates as a mobile money service provider  licensed by the CBN  but is not directly owned by a Nigerian bank. What is the code for BVN? Dial 565 0#  to check your BVN on your registered phone number. How much is a PalmPay POS machine? Prices vary, but you can get a PalmPay POS for ₦20,000 - ₦30,000  depending on your location. How do I call PalmPay customer service? You can call 018886888  for direct support. Conclusion PalmPay is a fantastic fintech app for Nigerians looking for fast, secure, and rewarding  transactions. Whether you’re sending money, paying bills, or looking to earn cashback, PalmPay has something for you! If you're tired of bank wahala and want an easier way to handle your finances, why not try PalmPay today ? But let’s hear from you… Have you used PalmPay before? What was your experience like? Drop your thoughts in the comments! Simon Taki Zaku Founder, CEO, IbiFoundry Limited For the IbiFoundry.com.ng E-magazine.

Which Payment Gateway is Better for Nigerians? Paystack or Payfast? Paystack Vs Payfast Did you know that over 60% of Nigerian freelancers struggle with receiving international payments? I was one of them. Paystack vs Payfast: See how Paystack and Payfast compare in features, pricing, customer support, and ease of use! Ten years ago, when I started my freelance writing business, one of my biggest headaches was finding a reliable payment gateway. I tried everything—PayPal, Payoneer, and even Flutterwave—but they all had their own problems. PayPal wasn’t fully supported in Nigeria, and many of my international clients refused to use alternatives like Payoneer. At some point, I even lost clients simply because I didn’t have Zelle or PayPal. It was frustrating. Then, I discovered Paystack. It was a game-changer! The ease of receiving payments, the seamless integration, and the local bank support made my life easier. But recently, a fellow freelancer introduced me to Payfast, and I decided to give it a try. That’s why I’m writing this comparison—to help you choose between Paystack and Payfast based on real-life experience. What You Will Learn: Paystack vs Payfast – A No-Nonsense Comparison The key differences between Paystack and Payfast Which payment gateway has lower fees and better features Pros and cons of both platforms Which one works best for freelancers and businesses in Nigeria A breakdown of customer support, security, and ease of use Table of Contents What is Payfast? What is Paystack? What do payment gateways like Paystack and Payfast do? Pros of Paystack Cons of Paystack Pros of Payfast Cons of Payfast Payfast Fees and Pricing Paystack Fees and Pricing Payfast vs Paystack: Which is Cheaper for Nigerians? Payfast vs Paystack: Which Payment Gateway Has Better Customer Support? Cheapest Online Payment Gateways Besides Paystack and Payfast FAQ Section Final Thoughts – Which One Should You Choose? What is Payfast? Payfast is an online payment gateway that allows businesses and freelancers to accept payments from customers. Brief History of Payfast: Payfast was founded in South Africa and has since expanded to other countries. The platform is known for its fast transaction processing and integration with multiple payment methods. When Was It Created? Payfast was launched in 2007. Who is the CEO of Payfast? Currently, Payfast is owned by Network International, a leading payment solutions provider in Africa and the Middle East. Want to try Payfast? Click here to sign up and process your first transaction today. What is Paystack? Paystack is a Nigerian payment gateway that allows businesses to accept payments online. It is one of the most popular payment solutions in Africa. Brief History of Paystack: Paystack was founded by Shola Akinlade and Ezra Olubi in 2015 and has grown rapidly, becoming the preferred choice for many Nigerian businesses. When Was It Created? Paystack launched in 2015 and was later acquired by Stripe in 2020. Who is the CEO of Paystack? Shola Akinlade is the co-founder and CEO of Paystack. Ready to start using Paystack? Click here to sign up and start receiving payments instantly. What Do Payment Gateways Like Paystack and Payfast Do? Paystack: Accepts payments via credit/debit cards, bank transfers, and USSD Integrates with eCommerce platforms like Shopify and WooCommerce Allows businesses to automate invoices and recurring billing Provides fraud detection and security features Payfast: Supports payments via cards, bank transfers, and mobile wallets Offers a seamless checkout experience for businesses Has strong security and fraud prevention tools Works well for international transactions Pros of Paystack Easy to set up and integrate Supports multiple payment methods, including USSD and bank transfers Competitive transaction fees Strong security and fraud prevention Excellent customer support Want to start using Paystack? Click here to sign up and start receiving payments instantly. Cons of Paystack Not available in some African countries Limited support for international payments Some businesses report delays in fund settlement Pros of Payfast Supports multiple currencies and international payments Secure and fast payment processing Easy integration with eCommerce platforms Strong fraud prevention tools Want to start using Payfast? Click here to sign up and process your first transaction today. Cons of Payfast Higher transaction fees compared to Paystack Limited availability in some regions Customer support response time can be slow Payfast Fees and Pricing Payfast charges a percentage of each transaction. The exact fees depend on the type of payment method used. Paystack Fees and Pricing How much does Paystack charge it's customers per transaction? Paystack charges 1.5% + ₦100 per local transaction and 3.9% + ₦100 per international transaction. Want to start using Paystack? Click here to sign up and start receiving payments with low fees. Payfast vs Paystack: Which is Cheaper for Nigerians? When comparing fees, Paystack is generally more affordable for local transactions, while Payfast is better for international payments. Payfast vs Paystack: Which Payment Gateway Has Better Customer Support? Paystack offers better customer support with multiple channels like email, chat, and social media. Payfast, on the other hand, has slower response times. Cheapest Online Payment Gateways Besides Paystack and Payfast Flutterwave:  A leading Nigerian payment gateway Remita:  Popular for government transactions VoguePay:  Good for small businesses Opay:  Offers low transaction fees Frequently Asked Questions: Payfast or Paystack? How much does Paystack charge per transaction? Paystack charges 1.5% + ₦100 for local transactions and 3.9% + ₦100 for international transactions. Can I receive USD with Paystack? Yes, Paystack supports USD transactions, but only for certain business accounts. Final Thoughts – Which One Should You Choose? Paystack or Payfast? What will be your decision right now? If you need a payment gateway for local transactions in Nigeria, Paystack is the best option. But if you handle a lot of international payments, Payfast might be worth considering. Which one do you prefer? Let me know in the comments! Cheers, Written by : Simon Taki Zaku - Jalingo, Nigeria, Founder, CEO : IbiFoundry LLC, Website : https://Ibifoundry.com.ng/ , As seen on: Forbes Africa, Amazon, MarketingInsiders, Cyberbackpack, RescueACEO, InfinityBlogAwards Co., BloggingFromParadise, A1Future, amongst others. Contact Simon with your : queries, questions, business projects and proposals, orders and suggestions, testimonies about IbiFoundry, or you just want to connect and say hi? I read and reply to all the mail I get from you guys - Expect a reply from me to your mail within 24 hours ;) WhatsApp : +2349137839031 E-mails : simonzakucom@gmail.com , IbiFoundry@gmail.com . Instagram : @ibifoundry, @realsimonzaku_

Ever boarded a vehicle where people casually discussed robbing someone blind? I have. Crypto Theft on Trust Wallet: How to Track & Recover Your Funds Introduction: A Scammer’s Confession - My Personal Experience On a trip from Jos to Osun State, I sat in a bus with a group of young men. They spoke in hushed but excited tones, boasting about how they had just wiped out someone’s Trust Wallet. “The guy had over $20k in crypto,” one said, laughing. I felt sick. Imagine saving for years, hoping to secure your financial future, only for some cybercriminals to take everything in seconds. This got me thinking—how many people have lost their hard-earned crypto, and is there a way to recover stolen cryptocurrency from Trust Wallet? This guide will show you how. What You Will Learn In this guide, you’ll discover: How to Track Stolen Crypto  – Learn how to use blockchain explorers like Etherscan and BscScan to trace transactions. Common Crypto Scam Tactics  – Understand how hackers steal funds from Trust Wallet and how to spot red flags. Step-by-Step Recovery Process  – Follow detailed instructions on how to attempt recovery and increase your chances of getting your crypto back. How to Report Crypto Theft  – Learn where and how to report your stolen funds to authorities and Trust Wallet support. Best Security Practices  – Discover expert strategies to protect your Trust Wallet account and prevent future losses. Real Cryptocurrency Theft Statistics  – Stay informed with the latest data on crypto hacks, phishing scams, and exchange breaches. How to Contact Trust Wallet Support  – Avoid scammers and reach Trust Wallet’s real customer support for assistance. Your Next Steps  – If you need professional help, we offer expert tracking services to help locate your lost crypto. Table of Contents What is Cryptocurrency? The Huge Rise of Cryptocurrency Heists Top 10 Statistics on Cryptocurrency Thefts Top Known Crypto Heists in History Most Popular Cryptocurrency Scam Formats How to Recover Your Missing Crypto Step-by-Step How to Find Where Your Missing Crypto Went (Which Wallet) How to Contact Trust Wallet Support How to Protect Your Trust Wallet Account Frequently Asked Questions on Recovering Stolen Crypto WHAT IS CRYPTO CURRENCY? Cryptocurrency is a type of digital money that isn’t controlled by banks or governments. Instead, it runs on blockchain technology, which records transactions transparently and securely. While this makes it harder to alter, cryptocurrencies can still be manipulated through market speculation, hacking, or fraudulent schemes. Despite these risks, popular crypto currencies like Bitcoin and Ethereum are widely used for online payments, investments, and decentralized applications. THE HUGE RISE OF CRYPTO CURRENCY HEISTS Cryptocurrency thefts have become a huge problem, with hackers and scammers finding new ways to steal digital money from exchanges, wallets, and decentralized platforms. Since crypto transactions are mostly anonymous, tracking stolen funds is very difficult. Hackers use tricks like fake websites, security loopholes, and exchange hacks to steal coins. Many also hide their tracks by mixing stolen funds or converting them into hard-to-trace digital currencies. Because the crypto world is growing fast and isn’t heavily regulated, it has become a prime target for criminals. To stay safe, investors and companies now rely on extra security measures like two-factor authentication, offline wallets, and advanced tracking tools to catch suspicious activity. Key Statistics: In 2024 alone, hackers stole over $3.8 billion  in cryptocurrency ( Chainalysis ). The largest crypto hack in history, the Ronin Network Hack , saw over $600 million  stolen ( Coindesk ). Nearly $14 billion  worth of cryptocurrency was stolen in 2021, a 79% increase from the previous year. NFT scams and phishing attacks  contributed to over $100 million  in losses in the past year. Over $1.7 billion  worth of stolen crypto has been laundered through Tornado Cash ( Elliptic ). Top 10 Statistics on Cryptocurrency Thefts (Real Stats) $22 billion  worth of crypto stolen globally since 2011 ( FT ). The average crypto scam loss per victim is $97,583  ( CipherTrace ). 1 in 3  crypto users have fallen for a scam at least once. 95% of crypto thefts  are due to phishing, malware, or social engineering. Crypto crime surged by 79% in 2021 , totaling $14 billion  in stolen assets. Over 50% of crypto heists  occur due to exchange security breaches. Hackers stole $1.4 billion from Bybit exchange  in 2024. Crypto mixers processed over $1 billion  in illicit funds in 2023. The Lazarus Group , a North Korean hacker group, has stolen over $2 billion  in crypto. Crypto scams account for 72%  of total financial fraud online. Most Popular Cryptocurrency Scam Formats Scammers use various tactics to steal from unsuspecting investors. Here are the most common ones: Double Your Money Scams  – A scammer claims they can double your Bitcoin if you send them a small amount. These are prevalent on X (formerly Twitter) and Telegram. Get-Rich-Quick Crypto Investments  – Fake investment platforms promise insane returns (e.g., 100% in 24 hours) but disappear after taking users’ funds. Fake Crypto Recovery Services  – Scammers pretend to be crypto recovery experts and ask for wallet details, only to drain the remaining balance. Telegram Crypto Groups  – Fraudsters set up groups promising signals and investment tips, but the goal is to manipulate markets or steal funds. Fake Crypto Withdrawals on Instagram & Reddit  – You’ll see people posting fake success stories of withdrawals, encouraging users to deposit into a scam. How to Recover Your Missing Crypto Step-by-Step Confirm the Transaction  – Check your transaction history on Trust Wallet  or a blockchain explorer. Use a Blockchain Explorer  – Websites like Etherscan  and BscScan  can track where your crypto was sent. Contact Trust Wallet Support  – Report the theft through their official channels. Report to Law Enforcement  – Some cybercrime units may assist in tracking stolen funds. Engage a Crypto Recovery Service  – While not always successful, some ethical services track stolen funds. Warn Others  – Share your experience to prevent others from falling victim. How to Find Where Your Missing Crypto Went Blockchain explorers let you track transactions in real-time. Websites like Etherscan (for Ethereum)  and BscScan (for Binance Smart Chain)  allow users to input a wallet address and see all transactions associated with it. How to Contact Trust Wallet Support Trust Wallet does not have phone support . The only ways to reach them are: Official Support Website:   support.trustwallet.com Email:   support@trustwallet.com  (watch out for fake emails!) Telegram (Official):   @trustwallet How to Protect Your Trust Wallet Account Enable Two-Factor Authentication (2FA)  – Adds an extra layer of security. Never Share Your Recovery Phrase  – If someone has it, they own your wallet. Use a Hardware Wallet  – For large amounts, store funds in Ledger  or Trezor . Avoid Public Wi-Fi  – Hackers can intercept your data. Regularly Update Trust Wallet  – New updates patch security vulnerabilities. Finally, Can You Recover Stolen Crypto? The Truth About Trust Wallet Thefts & How We (IbiFoundry LLC) Can Help You Recover Your Hacked Trust Wallet & Crypto Losing crypto is painful, but recovery might  be possible if you act fast. At IbiFoundry LLC , we can help you track your missing cryptocurrency . We won’t promise miracles, but with our crypto market experience, we’ll do our utmost best to help you recover what’s yours. What are you waiting for? Feel free to reach out to us while you can still recover your hard-earned investments. The awesome IbiFoundry LLC team and I are here to help you! Simon Taki Zaku Founder, CEO, IbiFoundry LLC For the IbiFoundry.com.ng E-magazine. ibifoundry@gmail.com ; simonzakucom@gmail.com .

Exposing Nigerian Scammers: The 2025 Guide to Spotting and Avoiding Nigerian Scams Easily Here's the Gist : Protect yourself from scammers! This IbiFoundry guide reveals shocking Nigerian scam formats, slangs, and tactics you must know to stay safe. Did you know? A staggering 60% of online scams in Africa originate from West Africa, with Nigeria accounting for nearly 50% of reported cases. The Ultimate Guide to Nigerian Scammers: Names, Formats & Tactics Scammers are everywhere. Though I’ll be exposing some notorious Nigerian scams, most of these tactics apply to fraudsters worldwide. And trust me, I know firsthand—I was once scammed by a fake freelance client who made me write an entire article and then disappeared. [Recommended Read: My Personal Story of How a Fake Client Scammed Me] But today, I’ll help you avoid such heartbreaks. From slangs to scam formats, and even live call tricks, let’s uncover the dark world of Nigerian fraudsters. What You Will Learn Identify Nigerian scam formats and the latest fraud tactics used in 2025 Understand common scammer slangs like “mugu,” “format,” and “loading” Spot red flags in online interactions to avoid romance scams, fake investments, and job fraud Discover real-life scam cases with shocking statistics and news on Nigerian and African scammers Learn how video call and dating scams work with detailed breakdowns of their techniques Find out how to verify scammers using practical tools and steps to check numbers and profiles Know how to recover lost money and get expert guidance on what to do if you have been scammed Table of Contents Who is a scammer? The Scary Rise of Yahoo Boys in Nigeria History and News of Scammers in Nigeria Top Statistics on Nigerian and African Scammers Worst Cases of Nigerian Scammers Most Popular Nigerian Scammers' Slangs Popular Nigerian Scams List Top Nigerian Scammers Format 2025 Top Known (and Convicted) Nigerian Scammers Nigerian Scammers Video Call Formats Nigerian Scammers Dating Formats FAQ Section Who is a Scammer? A scammer is someone who deceives people to steal money or personal information. In Nigeria, these fraudsters are commonly known as "Yahoo Boys." The Scary Rise of Yahoo Boys in Nigeria Reports indicate that internet fraud contributes over $500 million annually  to Nigeria’s economy. This rise can be linked to high youth unemployment, social media influence, and quick wealth fantasies. A notable example is the infamous Hushpuppi, who flaunted his stolen riches until the FBI caught up with him. Worse, scam tactics are evolving rapidly. According to INTERPOL, online fraud cases involving Nigerian cybercriminals increased by 42% in 2024. If this trend continues, more young people will be lured into fraudulent activities, making scamming a bigger crisis. History and News of Scammers in Nigeria Scamming in Nigeria isn't new. It dates back to the 419 fraud  in the 1980s when scammers sent fake letters promising victims massive returns on investments. Fast forward to the 2000s, and email fraud took over. By the 2010s, Nigerian scammers had adapted to social media, online dating sites, and cryptocurrency fraud. Notorious names like Hushpuppi, Mompha, and Invictus Obi have been exposed for running elaborate scams worth millions of dollars. Recent news reports show that Nigerian fraudsters are no longer operating alone—they now collaborate with international crime syndicates. In 2023, Interpol arrested over 103 Nigerian scammers  linked to a global fraud network. Additionally, many high-profile individuals have been caught laundering money for these fraudsters. Top Statistics on Nigerian and African Scammers 50% of online scams in Africa  originate from Nigeria. 60% of West African cybercrime  is linked to Nigerian fraudsters. Over $3 billion  has been lost globally to Nigerian scams in the past decade. In 2023, INTERPOL arrested over 100 Nigerian online fraudsters. Nigeria is ranked among the top 5 cybercrime hotspots worldwide. South Africa reported a 33% increase in online scams  linked to Nigerian criminals. Over 1,500 Nigerian scam cases  were recorded in the U.S. in 2022 alone. 90% of romance scam victims  in Africa report financial losses. 25% of cryptocurrency scams  in Africa involve Nigerian scammers. In 2024, INTERPOL warned about a new Nigerian scam syndicate targeting European businesses. Worst Cases of Nigerian Scammers Hushpuppi:  A Nigerian fraudster who stole millions before his arrest by the FBI. The Man Who Sold a Fake Airport:  In 1995, Emmanuel Nwude scammed a Brazilian bank out of $242 million  by selling a non-existent airport. Invictus Obi:  A Nigerian entrepreneur sentenced to 10 years in the U.S. for massive online fraud. Yahoo Boys' Ritual Killings:  Some scammers engage in "Yahoo Plus"—rituals to increase their scam success rate. Most Popular Nigerian Scammers’ Slangs (20 Slangs) Maga Wire Client Format Loading Picking Runs Package Collect Fire Drop Job Wash Code Work Pay Transaction Billing Chopping Plug Popular Nigerian Scams List (30 scams) Yahoo Yahoo Love scams ATM card fraud Fake investment schemes Instagram fake giveaways Ponzi schemes Picking scams Loan fraud Crypto scam Fake jobs ... Top Nigerian Scammers Format 2025 Past Formats:  Dating scams, ID.me fraud, picking, loading. New Trends:  AI-generated deepfake videos, cryptocurrency wallet scams, high-tech phishing. Top Known (and Convicted) Nigerian Scammers (some are alleged please) Hushpuppi Mompha Invictus ObObi B Lord Mr. White Samson Omonua Nigerian Scammers Video Call Formats Nigerian scammers now use deepfake AI to simulate video calls with victims. They impersonate celebrities, lovers, or officials. Many also play pre-recorded videos, ensuring the victim never suspects foul play. Nigerian Scammers Dating Formats Each dating scam follows a well-rehearsed script. For example: Military Romance Scam:  "Babe, I’m stuck in Syria and need money to return home." Sugar Daddy Format:  "I’ll send you $5,000 weekly, just send your bank details." Widowed Lover Format:  "I lost my wife last year. You are the only one who understands me." Frequently Asked Questions on Nigerian Scammers What is the code for scammer in Nigeria? The code for a scammer in Nigeria is often referred to as "Yahoo Boy" or "G Boy." These terms are widely used in both street slang and social media. What is 419 in Nigerian slang? 419 is a reference to Section 419 of the Nigerian Criminal Code, which deals with fraud. It has become synonymous with scams and fraudulent activities in Nigeria. What is the Nigerian word for scammer? In Nigeria, scammers are called "Yahoo Boys," "Wire Wire," or "G Boys." These terms are common in local slang, especially in internet fraud circles. What is mugu in Nigerian slang? Mugu is a slang word for a victim of a scam. It refers to someone who has been tricked or deceived by fraudsters. What are scammer numbers? Scammer numbers are phone numbers used by fraudsters to deceive victims. These numbers are often untraceable, virtual, or belong to stolen SIM cards. What does 419 mean? 419 refers to fraud-related crimes under Nigerian law. It is commonly used to describe advance-fee scams. How to check a scammer number? You can check a scammer number by using a caller ID app, searching it online, or reporting it to fraud databases like Truecaller Conclusion - Let My Team & I Help You Recover Your Funds from Scammers or Need to Verify a Suspicious Person? Scammers are constantly evolving, and staying informed is your best defense. If you suspect someone is a fraudster, IbiFoundry is here to help you. Scammers are constantly evolving, and staying informed is your best defense. At IbiFoundry, we are committed to helping you detect and recover from Nigerian scams.   Whether you've already fallen victim or you suspect a fraudster , we offer investigative services, scam verification, and expert advice on recovery strategies. Need to recover lost funds or verify a suspicious person? My name is Simon Taki Zaku , the founder of IbiFoundry. I grew up in Jalingo, Taraba State , and have traveled across Nigeria, from Lagos to Abuja to Kaduna.   My experiences have given me deep insights into how fraudsters operate, both in rural areas and major cities. With over a decade in digital marketing and cybersecurity research, my team and I are well-equipped to guide you in avoiding scams and securing your finances. If you need assistance, don't hesitate to contact us for scam detection, fund recovery strategies, or security consultations.   We handle all investigations with discretion and professionalism, ensuring you stay protected. Reach out today— let’s help you stay one step ahead of Nigerian scammers! Simon Taki Zaku Founder, CEO, IbiFoundry LLC For the IbiFoundry.com.ng E-magazine. ibifoundry@gmail.com ; simonzakucom@gmail.com .

Did you   know that 43% of marketers surveyed reported that “blogging” is the most important content they produce? (SiegeMedia). Most business owners think blogging is only for authors, articles, and texts. A startup blog is an online community and content platform for companies or startups to post blogs or vlog content to educate, attract, and captivate a specific target audience and hopefully convert them into customers. Startups use blogs to engage their target audience. Either to attract traffic, convert leads, or educate them on a specific blog niche . How do startups use blogs today? Businesses and companies today are leveraging startup blogging to attract traffic, generate leads, boost sales, or increase reach. By creating blog content consistently in a particular market, you can establish your startup as a leader and attract high-converting traffic from search engines and social media platforms. Startups have been able to successfully harness blogging to attract millions of targeted traffic and convert those into sales. But to do this, startups do not just open or start a blog and post hoping to make sales. There is a system. You must plan, have a strategy, hire the right experience, and execute. Related Read: What is Business Blogging? How to Uncover Lucrative Blog Post Ideas for Your Startup - Step-by-Step SEO Freelancer vs. SEO Agency vs. In-House SEO – A Decision-Maker's Guide for 2024 How to Design a Startup Blogging Plan - 5 Steps How do you write an effective blog strategy? How do you create a defined content strategy for your business or startup? (Click to Navigate) Step 1: Have a Plan, an Objective and a Goal Step 2: Define Your Target Audience Step 3: Research Lucrative Blog Ideas & Write for Your Customers Step 4: Highlight 3 to 5 Content Distribution Channels for Your Blog Step 5: Use Tools (Google Search Console) to See What Works Final Step: (Hire Me==Us for Your Startup's Blog) Step 1: Have a Plan, an Objective and a Goal What is a startup blogging (or content) strategy? A startup blog or content strategy is a document that contains the road map, activities, and tasks required to generate leads, increase sales, or generate traffic through startup blogging. What is included in a typical blogging plan for a startup? An effective startup blog content strategy aims at achieving all your content marketing goals, expectations, and overall business objectives as well. This may include in-depth or detailed goals for every content or digital marketing campaign. Also, an in-depth content calendar to stay on track and be consistent , the different variety of content you want to publish, content channels for promotion, writers, and automation/marketing tools. In some cases the necessary budget is needed to hire talent like content creators, SEOs, and writers, if need be. To be able to create a defined content strategy for your business blog or your startup, you must be able to lay down a plan that includes your business objectives and goals - And exactly how you plan to reach them. This could include the type of content you want to publish, the number of content you want to publish, content formats, content channels, etc. You must be able to outline specific goals and objectives that are realistic. You should be able to set traffic goals, and SEO goals as well. For example; ‘’We want our startup blog to hit 10,000 monthly organic visitors after eight weeks’’, Or; ‘’We should generate 10 leads or subscribers daily after four to six weeks of consistent startup blog pieces’’. This will help you have a clear road map on how your content efforts are going and be able to measure/focus on what is working and what is not. Having an effective plan for your startup blog is crucial. Step 2: Define Your Target Audience The next thing is to define your target audience. After you've laid down your plan, you must define a target audience. Most times, marketers start creating content for every type of audience out there, which is wrong and can attract the wrong traffic. For example, while working with a past content client, he insisted that we created content on specific topics that were not in alignment with the startup niche but were 'trendy' (to attract fast clicks) As a result, the content ranked very well on Google but never got clicks, converted leads, or generated any sales because it didn't relate to our target customers. 1m impressions with just 3000+ clicks This leads us to the third step, which is to research blog ideas and write for your customers and not for search engines. Step 3: Research Lucrative Startup Blog Ideas & Write for Your Customers How do you generate blog post ideas for your startup? Researching blog startup blog ideas is quite interesting because it can help your blog grow to thousands or even millions of impressions and clicks from search engines. One of my client's 28-day Google clicks after a few weeks My clients' 28-day Google search clicks I use 3 tools to get or find out what my audience is looking for on the Internet - which is my target customers. Some of these tools are; - Quora - Facebook Community Groups, and; - Google Search Console. QUORA: With Quora, I go there and then I search in a few keywords around my niche to be able to see what my people, my target customers are searching for online. GOOGLE KEYWORD PLANNER: With Google Keyword Planner, I do the same thing. I insert certain niche keywords to get even more content ideas for my blogs. ONLINE COMMUNITY FORUMS: Finally, I go to Facebook groups, ask questions, and create polls to see what my audience is asking online. Here is an In-Depth Guide to Generating Dozens of Startup Blog Post Ideas for Your Business in Minutes: Read: How to Uncover Lucrative Blog Post Ideas for Your Startup - Step by Step Step 4: Highlight 3 to 5 Content Distribution Channels for Your Blog The next step is to highlight 3 to 5 content distribution channels that work for your business blog. This is crucial because even the best startup blog content will not generate leads, traffic, or customers if you do not do the content promotion right. You need to be on the right channels! This also includes social media channels. Luckily, I have a short but actionable blog post that explains the step-by-step process of selecting the perfect social media channels for your specific type of business. What Social Media Networks Should My Business Use? (+ 12 Best Social Media Platforms For Marketing) Other content content distribution channels I use include; Triberr Reddit Facebook Groups Quora.com LinkedIn Blog SlideShares TikTok Step 5: Use Tools (Google Search Console) to See What Works Finally, I use free tools like Google Search Console to see what works for my client’s startup content marketing plan to continually grow. Search console results You need to focus on what works especially if you're starting, you are going to make mistakes. Thus tools like Google Search Console help me see what works for our startup blogs. How? What I do is I head over to Google Search Console and then I log in with my Google account. And if you've not linked your Google Search console to your website, you can do that - it is very easy. Here is a guide to help you do that: What does Google Search Console do? Google Search Console shows you a breakdown of your Google performance or your website's performance on Google. It shows you the number of clicks, the number of impressions, your conversion rates, your highest-performing keywords, the highest-performing articles, the highest-performing links, and more stats. This will give you a good insight as to what content to focus on and what content to put less pay less attention to. We then frequently revisit your startup content marketing strategy. After the first 30-40 days, revisit the content marketing plan to check what has been implemented, what worked, what failed, and what needs improvement. Work with Me for Your Startup's Blog Are you an entrepreneur, agency, or startup seeking to elevate your brand using blogging? Look no further! Work with me to unlock the power of compelling content and strategic marketing with my specialized services. As an experienced and reliable content writer and marketer with over 10 years of experience, I bring a wealth of expertise to enhance your brand or website. I offer a unique blend of research, writing, and promotional strategies tailored to elevate your business through effective startup or business blogging. With years of work experience, I understand the intricacies of crafting content for startups and businesses that not only resonates with your target audience but also boosts sales. Whether you're a budding startup or an established enterprise, my SEO content and blogging services are designed to meet your specific objectives. Ready to take your startup blog to new heights? Send me an email (or use any of the contact forms on this website) and I will respond within 24 hours with a unique plan for your startup business :) Simon Taki Zaku - Hire Me for Your Startup's Blog Starting a Startup Blog in 5 Easy Steps (+ Examples)