Question 1

What are the different markets in which
        Shopify Pay and
        Paystack compete against each other?

Accepted Answer

Shopify Pay and
        Paystack compete against each other in
        the Payments Processing, Recurring Billing And Payments.

Question 2

How does the market share of
        Shopify Pay
        and Paystack compare in the
        Payments Processing market?

Accepted Answer

In the Payments Processing market,
        Shopify Pay has a
        64.30%
        market share in comparison to
        Paystack’s
        0.26%.
        Since it has a better market share coverage,
        Shopify Pay holds the
        1st
        spot in 6sense's Market Share Ranking Index for
        the Payments Processing category, while
        Paystack holds the
        20th spot.

Question 3

How many customers are acquired by
        Shopify Pay and
        Paystack in the
        Payments Processing segment?

Accepted Answer

Shopify Pay has
        422,141 customers and
        Paystack has
        1,736 customers in the
        Payments Processing
        segment. Shopify Pay has
        420405 more customers than
        Paystack in this category.

Question 4

What are the countries in which
        Shopify Pay and
        Paystack has more customers?

Accepted Answer

Shopify Pay has more customers in United States, United Kingdom and Australia.
Paystack has more customers in Nigeria, United States and Ghana.

Shopify Pay Vs Paystack : In-Depth Comparison

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Comparing the customer bases of Shopify Pay and Paystack

Comparing the market share of Shopify Pay and Paystack

Compare Shopify Pay vs Paystack customers by geography

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