Is being a little while since I share stuffs on this great forum with my followers and fans.
Therefore, today, as a welcome back package and new month gift, I will be sharing this awesome tutorial with you guys for free.

Don't be in a hurry, follow it step by step and ask your questions were necessary.

This tutorial focus on helping you get a reliable payment gateway to accept international payment for your e-commerce stores

Let's get started...

A payment gateway for e-commerce stores to accept payment globally in some parts of the world including Nigeria without using a VPN or changing of IP address have always been a major problem

But today, the solution have been found. Yes, the solution is finally here!
Most interestingly, you don't have to worry about your IP address or using a strong VPN service

Now, which payment processor is behind this solution?

And the answer is:

PAYSTACK!

Yes, Paystack is the company providing this solution.

How does it work?
According to information on the Paystack website

"We’re currently running a pilot of USD settlement, meaning that we’re actively working to support more settlement banks and refine the process over time.

For now, you’ll need to have a Guaranty Trust Bank (GTB) Domiciliary account to be able to get settled in USD

Next, you then link the GTB Domiciliary bank account to your business on Paystack.

Here’s how:

Log into your Paystack Dashboard
Click on Settings [1]
Click on the new Bank Accounts tab [2]
Click on Add bank account on the USD row [3]
Add your USD domiciliary GTB account number

Your USD bank account will be reviewed within 24 to 48 hours. Once this is done, you will be able to list your products in USD, your customers will be able to make international USD to your business, and Paystack will settle you in USD

If this is true then I think it would open d flood gate for Nigeria sellers. I need to verify this.

More updates coming up shortly.

But just before then, it is important to know that I'm not talking to myself on this thread.
So, indicate your interest by a question or comment below

cybertron88:
If this is true then I think it would open d flood gate for Nigeria sellers. I need to verify this.

It is true brother.
I've investigated it.
I'm following Paystack on Twitter to stay updated on this breakthrough achievement for us in this part of the world.

The only thing that is still holding me now is that I'm yet to open a Dom Acct.
Otherwise, the flood gate have already been opened!

I've already shared this information on my website before bringing it for my fans here on NL.

If you follow this link: https://www.kikimat.com/how-to-accept-international-payment-for-your-shopify-woocommerce-stores/

you will get all the details of what I will be sharing here before others

CosmicJames:
How does it work?
According to information on the Paystack website

"We’re currently running a pilot of USD settlement, meaning that we’re actively working to support more settlement banks and refine the process over time.

For now, you’ll need to have a Guaranty Trust Bank (GTB) Domiciliary account to be able to get settled in USD

Next, you then link the GTB Domiciliary bank account to your business on Paystack.

Here’s how:

We have been working on this payment system for our business, but the problem with it is that, to open a GTB domiciliary account you need to know two people with a GTB current account, thats whats slowing a lot of people down, its so hard to find people with current accounts for GTB

Mergeplanet:
We have been working on this payment system for our business, but the problem with it is that, to open a GTB domiciliary account you need to know two people with a GTB current account, thats whats slowing a lot of people down, its so hard to find people with current accounts for GTB

Sure. It's near impossible to find two people with GTB current account for reference.
I want to believe that with time, the requirements will be easy.

Next is:

Setting Up Your E-commerce Store

If you don't have a store yet, you can set one up now.

But which e-commerce platform should you choose when creating your store?

Shopify and Woocommerce are among the most popular options, and you can start selling online using any of them.

Remember that Shopify is a hosted solution with monthly subscription fees.

While Woocommerce is a free solution. But you will have to host it by yourself.

If you choose the Shopify platform, then you will have to go over to Shopify.com and create your store, set it up, integrate the Paystack payment gateway and start selling to both local and international customers.

Shopify will give you a 14days free trial after which you will start paying the monthly subscription fees for your store.

Maybe you are worried about the Shopify subscription fees, and want to run your Shopify store for free until you make over 48 sales.
Then check out my Shopify Service thread here
https://www.nairaland.com/4693101/get-shopify-store-without-subscription

Next is Creating Your Store With Woocommerce

CosmicJames:
More updates coming up shortly.

But just before then, it is important to know that I'm not talking to myself on this thread.
So, indicate your interest by a question or comment below

When Paystack settles you through GTB, how long exactly until the money becomes available for our use?

Birniwa:


When Paystack settles you through GTB, how long exactly until the money becomes available for our use?

How long before you get settled?
Paystack settles all international USD payments into merchants’ GTB domiciliary bank accounts 7 working days after customers pay. So, say a customer pays you in USD today, the amount paid will reflect immediately on your Dashboard, and you’ll get settled into your bank account 7 working days from today.

CosmicJames:


How long before you get settled?
Paystack settles all international USD payments into merchants’ GTB domiciliary bank accounts 7 working days after customers pay. So, say a customer pays you in USD today, the amount paid will reflect immediately on your Dashboard, and you’ll get settled into your bank account 7 working days from today.

It's not feasible and scalable. 7 days is too long for Nigerians interested in dropshipping business model.

Birniwa:


It's not feasible and scalable. 7 days is too long for Nigerians interested in dropshipping business model.

You can start small. You can use your own money to pay for your customers orders while waiting for Paystack to transfer your customers fund to your account.

After a while, if you are making profit, you will have enough money set away to run your dropshipping business even though Paystack doesn't credit your account same day.

Amazing find. Thanks Op

I have a GTB domiciliary bank account in Ghana , do you think that can work?

I have a Gtb domiciliary account n will like to give this a try. Op how do I got about the wooecommerce store nad linking the payment gateway

cmoney22222:
I have a Gtb domiciliary account n will like to give this a try. Op how do I got about the wooecommerce store nad linking the payment gateway

You are fully set then.

To your questions:

Once you've created your Wordpress site, you will then install Woocommerce. Followed by Paystack. There will be some Paystack API integration for you to be able to accept international payment for your Woocommerce store

I explained in the tutorial that you will find this option very challenging if you are not a Web Master.

I will also be here to assist you.

But if you think you can't handle it yourself, then you can order for my service to setup everything for you

Cosmicjames does a shop created with shopify or woocommerce show that the store was created in nigeria? I dont want to spend money on my yet to be created store and facebook ad only for people to avoid it because it from nigeria, out of fear of getting scamed

obyback:
Cosmicjames does a shop created with shopify or woocommerce show that the store was created in nigeria? I dont want to spend money on my yet to be created store and facebook ad only for people to avoid it because it from nigeria, out of fear of getting scamed

No. Your store will not show that it is a Nigerian store. But make sure your store currency is save as Dollar ($)

Note:
When registering a domain name for your store, register a .com domain name if you don't want customers to know that it is a Nigerian store.

For example, gadgets.com, and not gadgets.com.ng.

Do not register your domain name for your store in dot com dot ng. Otherwise they will know it is a Nigerian store

CosmicJames:

No. Your store will not show that it is a Nigerian store. But make sure your store currency is save as Dollar ($)

Note:
When registering a domain name for your store, register a .com domain name if you don't want customers to know that it is a Nigerian store.

For example, gadgets.com, and not gadgets.com.ng.

Do not register your domain name for your store in dot com dot ng. Otherwise they will know it is a Nigerian store

Bro, do u know abt amazon affiliate marketing ?

africanman85:
Bro, do u know abt amazon affiliate marketing ?

Yeah. It's called Amazon Associate Program.

CosmicJames:
Yeah. It's called Amazon Associate Program.

Can u put me through on how to set it up ?

CosmicJames:

No. Your store will not show that it is a Nigerian store. But make sure your store currency is save as Dollar ($)

Note:
When registering a domain name for your store, register a .com domain name if you don't want customers to know that it is a Nigerian store.

For example, gadgets.com, and not gadgets.com.ng.

Do not register your domain name for your store in dot com dot ng. Otherwise they will know it is a Nigerian store

Thanks sir

africanman85:
Can u put me through on how to set it up ?

Of course. But I don't have tutorial on it at this time.

How do i set up an e-commerce site if my mum sells provision.
Will i snap each item and post in the site with price tag?
How would i accept payment?
How would i trigger door to door delivery for the site?
How would i convince people to enter their bank details considering various scam red flags atributed to Nigerians?
Can someone brief me in this ecommerce stuff.

How much for you to set it up for me and how can I populate the store? What is the charge for paystack to withdraw in dollars.

CosmicJames:

You are fully set then.

To your questions:

Once you've created your Wordpress site, you will then install Woocommerce. Followed by Paystack. There will be some Paystack API integration for you to be able to accept international payment for your Woocommerce store

I explained in the tutorial that you will find this option very challenging if you are not a Web Master.

I will also be here to assist you.

But if you think you can't handle it yourself, then you can order for my service to setup everything for you

cmoney22222:
How much for you to set it up for me and how can I populate the store? What is the charge for paystack to withdraw in dollars.

1.50% + N100 fee for local transactions

3.90% fee for international transactions.

The answer to your other questions should be private.

jms.ebenezer@gmail.com

+234 703 674 1556 whatsapp

Is it only GTB dorm account that's available what of other banks dorm account?

Classiqueman93:
Is it only GTB dorm account that's available what of other banks dorm account?

Currently, only GTB is available.
But I think with time, other banks will be available

Is there any other payment gateway I can use CosmicJames