Blog

Paystack is a Nigerian financial technology company that offers payment processing services to businesses and was acquired by Irish-American financial services company Stripe for $200M in 2020.

Paystack is one of the biggest payment processor in Nigeria and Africa as a whole. Do you want to know if paystack is down today?

check out their live transaction status below.

PAYSTACK NETWORK STATUS TODAY

• South Africa: Capitec Pay Maintenance
  June 6, 2026
  Type: Maintenance Affected Components: Capitec Pay Jun 6, 23:00:00 GMT+0 – Identified – Capitec will be conducting scheduled maintenance on **Sunday,​ 7 June​ 2026**, starting at **01:00** and concluding ​a​t **04:00** (SAST). **What does this mean for you?** Capitec Pay may be unavailable during this time. Our other payment channels will still be available to your customers. Should you have any questions or concerns, please reach out to us on [support@paystack.com](mailto:support@paystack.com)
• South Africa: Capitec Pay Maintenance
  June 3, 2026
  Type: Maintenance Duration: 2 hours Affected Components: Capitec Pay Jun 3, 23:00:01 GMT+0 – Identified – Maintenance is now in progress Jun 4, 01:00:00 GMT+0 – Completed – Maintenance has completed successfully Jun 3, 23:00:00 GMT+0 – Identified – Capitec will be conducting scheduled maintenance on **Thursday,​ 4 June​ 2026**, starting at **01:00** and concluding ​a​t **03:00** (SAST). **What does this mean for you?** Two minutes of downtime is anticipated alongside some latency increases during the maintenance window. Should you have any questions or concerns, please reach out to us on [support@paystack.com](mailto:support@paystack.com)
• Ghana: Outbound Transfers Experiencing Delays
  May 28, 2026
  Type: Incident Duration: 1 day, 10 hours and 38 minutes Affected Components: Bank Transfer, Mobile Money May 28, 10:33:44 GMT+0 – Investigating – We are currently experiencing degraded performance on our transfer service due to downtime affecting one of our major transfer partners. As a result, some transfer transactions may fail or experience delays. Our team is actively engaged with the provider and working to restore full service as quickly as possible. We’ll continue to share updates as more information becomes available. May 29, 21:11:22 GMT+0 – Resolved – This incident has been resolved.
• Nigeria: Degraded performance on Bank Transfers
  May 26, 2026
  Type: Incident Duration: 20 hours and 46 minutes Affected Components: Managed Accounts, Bank May 26, 13:43:26 GMT+0 – Investigating – The Central Switch is experiencing a degraded service, causing high resolution times for bank transfers. This is an industry-wide issue affecting multiple institutions, and their team is currently working on a resolution. We are monitoring the situation closely. May 27, 10:29:20 GMT+0 – Resolved – This incident has been fully resolved. May 26, 19:34:29 GMT+0 – Monitoring – A fix has been put in place, and we are currently monitoring the result.
• South Africa: Increase in account verification failures
  May 25, 2026
  Type: Incident May 25, 10:30:22 GMT+0 – Resolved – Success rates have returned to normal.

ALSO CHECK IS KUDA DOWN TODAY ?

Paystack Faqs

How Secure is Paystack ?

Paystack is a PCI-certified, auditor certified, PCI Service Provider Level 1 – the highest certification level. All connections to paystack services are forced to happen over HTTPS using TLS 1.2 (SSL). Paystack uses HSTS to ensure browsers interact with Paystack only over HTTPS.

How secure is Card Information on Paystack?

Card details are encrypted using AES-256 GCM while the decryption keys are stored on a separate machine. As such, cards are not stored as plain numbers but securely hidden even from Paystack personnel and systems. The only actions our systems can take is to request that card details be sent to a service provider.

Does Paystack have Fraud Prevention

Paystack has developed an internal decision support system that uses intelligent rules to determine the risk factor of a transaction or customer and blocking payment from being made if it does not pass the necessary checks. This decision is based on a combination of multiple factors such as geolocation, IP addresses, purchase and behaviour history, and so on.

Merchants on Paystack have also been equipped with a dashboard that allows them to blacklist customers that have been fraudulent, which further helps the general system to learn and prevent such behaviour.

What time does Paystack settle funds

Your money is automatically settled to your account in two working days (T+2). So payments received on Teusday, for example, will be settled on Thursday.

What is Pay by Transfer ?

The Pay with Transfer channel which is currently only available in Nigeria, allows customers to pay you via a bank transfer by tapping on the Transfer option on the Paystack Checkout and Paystack Terminal. When they tap on Transfer, we instantly generate a Zenith or Wema bank account number to which they can make a bank transfer payment.

Most customers make bank transfers from their bank’s mobile app. Once they do, the transaction is automatically approved, and the paid amount immediately reflects on your Dashboard like any other Paystack payment