Software Alternatives & Reviews

Paystack VS TrueLayer

Compare Paystack VS TrueLayer and see what are their differences

Paystack logo Paystack

Paystack offers payment solutions for Nigerian businesses.

TrueLayer logo TrueLayer

Simple Bank APIs to access real-time financial data
  • Paystack Landing page
    Landing page //
    2022-12-22
  • TrueLayer Landing page
    Landing page //
    2023-09-28

Paystack videos

How Aella Uses Paystack to Power Fully Digital Lending

More videos:

  • Review - How BuyPower Uses Paystack to Power Electricity Payments Across Nigeria

TrueLayer videos

Building Open Banking API Layers with TrueLayer

More videos:

  • Review - API-based fintechs take the next steps: Plum generate payments via TrueLayer | Homescreen | Ep 53

Category Popularity

0-100% (relative to Paystack and TrueLayer)
Online Payments
64 64%
36% 36
Finance
100 100%
0% 0
Recurring Billing
0 0%
100% 100
Payment Platform
100 100%
0% 0

User comments

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Social recommendations and mentions

Based on our record, Paystack should be more popular than TrueLayer. It has been mentiond 9 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Paystack mentions (9)

  • Implementing Paystack Payment in a React Application: A Step-by-Step Guide
    Paystack Account: Create an account on Paystack and obtain your API keys. These keys are essential for authenticating your requests with the Paystack API. - Source: dev.to / 7 months ago
  • Handling Paystack transactions using webhooks
    Paystack is a popular payment processing platform used by businesses and individuals in Nigeria and other African countries. One of the key features of Paystack is its ability to process transactions using webhooks. Webhooks are HTTP callbacks that enable the automatic transfer of transaction data from Paystack to your application in real-time. Webhooks are useful for a variety of reasons. They can automate tasks... - Source: dev.to / about 1 year ago
  • Integrate Paystack Payment Gateway using Spring Boot
    Instead of creating test cases or managing exceptions, we will concentrate mostly on using the Paystack API to collect payments. Simply create an account on the Paystack website. - Source: dev.to / about 1 year ago
  • How I Built a Food Ecommerce Restaurant with Next.js, Paystack and Medusa
    In this tutorial, you will learn how to build a complete food ecommerce restaurant using Medusa ecommerce engine with Paystack integration. - Source: dev.to / over 1 year ago
  • How We Won the Medusa Hackathon: Building the Paystack Plugin
    Paystack allows African businesses to accept payments in local and foreign currencies from multiple local and global payment channels. - Source: dev.to / over 1 year ago
View more

TrueLayer mentions (4)

  • BANKING AS A SERVICE? ANOTHER WAY BUSINESSES MAKE MONEY
    Sounds like Open Banking which is government driven & regulated, depending on where you are. There are a couple of startups that act as an abstraction layer to try to make the experience "frictionless", like TrueLayer. Source: over 1 year ago
  • I'm an experienced programmer trying to build my first website for my clothing brand using JavaScript, HTML and CSS, but I have a few serious questions regarding the problems I might encounter while creating such a website
    You won't avoid interfacing with an API. Even if you don't want to use Stripe/PayPal, you'll need to wrestle with a banks own API or some kind of broker. TrueLayer is a popular way in Europe to access banks that support the Open Banking API. It is through a banking API that you will get confirmation that a payment has been made, so there should be no chance of sending items "for free". Unless you're posting... Source: over 1 year ago
  • Why do some traditional banks still not offer open banking?
    I had a subscription with TrueLayer. The API service was smooth and their team updated me from time to time. They even helped me with regulation by giving us an agency under their FCA license. Eventually I transferred to Nordigen due to a friend’s recommendation. It was also free so why not. It was easy to integrate their program to my business model. One particular program I am happily using that involves open... Source: over 2 years ago
  • Open Beta Ending: A last chance to get FOREVER FREE ACCESS to a money app
    • The technology that helped us connect you with your banks is powered by TrueLayer Ltd, which is regulated by the UK Financial Conduct Authority (FCA) and their registration number is 901096. We are also registered with the FCA (928953), as an agent of TrueLayer. You will see their interface when you choose your banks as well as a statement in our app stating this relationship. More info about TrueLayer if you... - Source: Hacker News / almost 3 years ago

What are some alternatives?

When comparing Paystack and TrueLayer, you can also consider the following products

PayPal - PayPal is the faster, safer way to pay online without sharing financial details, send and receive money or accept credit and debit cards as a seller

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

Braintree - An all-in-one solution to accept, process, and split payments in your mobile app or online - from small business to large enterprise.

Plaid - Infrastructure that powers financial technology by enabling applications to connect with users' bank accounts.

Payoneer - Whether making international payments, receiving funds, managing your digital business, or accessing capital, Payoneer opens your business up to the world.

Teller API - A single API to connect your app with any bank's account