Head-to-Head Specification Audit
Paystack vs Elliptic
Nigerian & African Businesses · Nigeria
Specification Matrix
| Metric | Paystack | Elliptic |
|---|---|---|
| Starting Price | $0/mo | Custom pricing |
| API Rate Limit | 300 req/minBetter | 120 req/min |
| Target Country | Nigeria | Global |
| Category | Payment Processing | Crypto Compliance |
| Compliance (vendor-stated) | NDPA, CBN Licensed, PCI-DSS | FATF Travel Rule, OFAC, EU AMLD 6, FCA, MAS, AUSTRAC |
| Hosting Regions | NG-Lagos, GH-Accra, ZA-Johannesburg | UK-London, US-New York, AP-Singapore |
| Native Integrations | 5 listedTie | 5 listedTie |
Paystack — Key Specs
Vendor-stated- ✓Acquired by Stripe — a widely-used payment API serving African markets
- ✓Supports Nigerian bank transfers, USSD, Visa/Mastercard, and mobile money
- ✓Instant settlement to Nigerian bank accounts
- ✓Now available in Ghana, South Africa, Kenya, Ivory Coast
Elliptic — Key Specs
Vendor-stated- ✓Only crypto compliance platform trusted by both crypto companies AND banks
- ✓Holistic screening — wallet, transaction, and counterparty risk in one view
- ✓Coverage of 100+ blockchains including DeFi protocols
- ✓Elliptic Discovery — proactively identifies sanctioned crypto entities
- ✓Trusted by Santander, Barclays, ANZ, and 200+ financial institutions
Frequently Asked Questions
Which is lower-priced, Paystack or Elliptic?+
Elliptic uses custom pricing. Paystack starts at Free plan available. Contact Elliptic directly for a quote.
Which compliance frameworks do Paystack and Elliptic list?+
Paystack additionally lists NDPA, CBN Licensed, PCI-DSS. Elliptic additionally lists FATF Travel Rule, OFAC, EU AMLD 6, FCA, MAS, AUSTRAC. These are vendor-stated frameworks. VektorIndex has not independently audited these claims.
Which has a higher documented API rate limit — Paystack or Elliptic?+
Paystack has a higher documented API rate limit at 300 req/min versus Elliptic at 120 req/min.
Which data hosting regions do Paystack and Elliptic support?+
Paystack lists hosting regions: NG-Lagos, GH-Accra, ZA-Johannesburg. Elliptic lists hosting regions: UK-London, US-New York, AP-Singapore. For data residency requirements in Nigeria, confirm exact region configuration directly with each vendor.
Data last updated: 29 August 2026 — Sourced from official vendor documentation. Not independently audited. Report incorrect information
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