Paystack Introduces Virtual Accounts called Paystack-Titan
Paystack, Africa’s best online payment system has announced the Introduction of Paystack-Titan Virtual Accounts. According to the company, Paystack-Titan is a fast Virtual Account, that allows businesses to accept bank transfers instantly, reliably, and at scale.
The Paystack-Titan can help clients process bank transactions super fast. It added that “99% of bank transfers collected via Paystack-Titan are confirmed within 8 seconds.”
A Paystack Virtual Account is a digital bank account created on your behalf or in your customer’s name to enable seamless payments via bank transfer.
We’re thrilled to announce Paystack-Titan, a blazing-fast improvement to Virtual Accounts, that allows businesses accept bank transfers instantly, reliably, and at scale.
Three years ago, we introduced Paystack Virtual Accounts — unique bank accounts that we auto-generate for you to accept payments, or assign to your customers. Since then, we’ve processed millions of transactions for businesses, powered by Wema, Access, and Zenith Bank
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Nov 7, 2026Today, we’re excited to extend this relationship to our friends at Titan Trust Bank, a commercial bank licensed by the Central Bank of Nigeria.
⚡️ Where most comparable transfer products require over 60 seconds or more to be confirmed, 99% of bank transfers collected via Paystack-Titan are confirmed within 8 seconds.
Paystack-Titan is a partnership between Paystack and Titan Trust Bank. The partnership enables customers to make instant, reliable bank transfers at scale to Paystack merchants.
The Paystack-Titan relationship allows Paystack to integrate directly with the Nigerian Interbank Settlement System (NIBSS), which gives us real-time insights into the progress of every single transaction and helps us deliver a markedly superior customer experience.
READ: Paystack.com online payment platform: Africa’s best for African businesses
In practice, this translates to extremely high reliability and high success rates (you’ll get your money every time the customer attempts a valid payment), very fast bank transfers (the transaction will be completed in seconds), and instant refunds in the rare case where there’s an issue with a payment.
