Head-to-Head Specification Audit
Paystack vs Loom
Nigerian & African Businesses · Nigeria
Specification Matrix
| Metric | Paystack | Loom |
|---|---|---|
| Starting Price | $0/moBetter | $12.5/mo |
| API Rate Limit | 300 req/minBetter | 100 req/min |
| Target Country | Nigeria | Global |
| Category | Payment Processing | Async Communication |
| Compliance (vendor-stated) | NDPA, CBN Licensed, PCI-DSS | GDPR, SOC2, CCPA |
| Hosting Regions | NG-Lagos, GH-Accra, ZA-Johannesburg | US, EU |
| Native Integrations | 5 listed | 6 listedBetter |
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
Loom — Key Specs
Vendor-stated- ✓Record screen + camera in 1 click
- ✓Eliminates unnecessary meetings
- ✓AI auto-transcription + summaries
- ✓Ideal for async standups in distributed African teams
- ✓Acquired by Atlassian — enterprise-ready
Frequently Asked Questions
Which is lower-priced, Paystack or Loom?+
Paystack starts at Free plan available, which is lower than Loom at $12.5/mo. Verify current pricing on each vendor's website.
Which compliance frameworks do Paystack and Loom list?+
Paystack additionally lists NDPA, CBN Licensed, PCI-DSS. Loom additionally lists GDPR, SOC2, CCPA. These are vendor-stated frameworks. VektorIndex has not independently audited these claims.
Which has a higher documented API rate limit — Paystack or Loom?+
Paystack has a higher documented API rate limit at 300 req/min versus Loom at 100 req/min.
Which data hosting regions do Paystack and Loom support?+
Paystack lists hosting regions: NG-Lagos, GH-Accra, ZA-Johannesburg. Loom lists hosting regions: US, EU. 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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