PaySika review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
PaySika is a no monthly fee everyday account for businesses, freelancers and teens in Cameroon, with cards issued by Ecobank Cameroon SA and a currency conversion fee of 1% to 2%. It suits people who mostly hold and spend in a single market and want a card without a monthly charge.
Key facts
- Best for
- A free everyday account with a card for business, freelance or teen spending in Cameroon.
- Monthly fee
- FCFA 0↗
- Currency conversion fee
- 1% to 2%↗
- Transfer fee
- 0 FCFA for PaySika-to-PaySika card-to-card transfers↗
- Legal entity
- PaySika Holding SAS (RCS Toulouse 881 936 744)↗
- Headquarters
- France↗
- Support channels
- Chat, Email, Help-centre, Phone↗
- Audience
- Business, Freelancers, Teens
- Pricing model
- No monthly fee
- Official website
- paysika.co
Facts checked September 26, 2026, 3 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
Pros and cons
Pros
- No monthly fee: the account charges XAF 0 to keep open
- Transfers between PaySika accounts by card cost 0 FCFA for PaySika-to-PaySika card-to-card transfers
- Currency conversion fees run 1% to 2%, in the middle of the everyday accounts field
- Support covers chat, email, a help centre and phone
Cons
- Currency conversion is the real cost: fees run 1% to 2%, while the everyday accounts median is 0.22%
- Card issuing sits with a partner bank, Ecobank Cameroon SA, rather than with PaySika (DLA/2000/B/025516)
Who it suits
- Businesses and freelancers who want a card and account with no monthly charge
- Teens and students in Cameroon starting a first everyday account
- Anyone whose spending stays mostly in a single market
Who should look elsewhere
- Plazo ES, if you want a savings account with a stated term rather than an everyday card account
- Skrill, if your main need is an online wallet for receiving payments from outside the country
- PayPal Colombia, if you are paid into an account outside Cameroon
The company behind it
PaySika is run by PaySika Holding SAS (RCS Toulouse 881 936 744), a French registered company with its headquarters in France. Cards are issued by Ecobank Cameroon SA, the card issuing bank authorised to issue cards in Cameroon, and Visa International appears in the scheme list for the country. Support runs on chat, email and help centre. The licence reference for the card issuing bank is DLA/2000/B/025516.
How PaySika compares
9.3 vs 8.7
9.3 vs 8.6
9.3 vs 8.0
9.3 vs 8.9
9.3 vs 9.1
9.3 vs 9.2
9.3 vs 8.7
9.3 vs 8.7
9.3 vs 8.7
9.3 vs 9.0Skrill charges €0 a month and is built as an online wallet, so it suits receiving money from abroad rather than everyday card spending in Cameroon.
9.3 vs 8.7
9.3 vs 9.5
9.3 vs 9.4
9.3 vs 9.3
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.1
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 8.9
9.3 vs 8.9- 9.3 vs 8.9
9.3 vs 8.7
9.3 vs 8.5
9.3 vs 8.5
9.3 vs 8.5
9.3 vs 8.4
9.3 vs 8.3
9.3 vs 8.2
9.3 vs 8.1- 9.3 vs 8.1
9.3 vs 8.0
9.3 vs 8.0
9.3 vs 8.0
9.3 vs 9.1
Where PaySika is available
- Available
- Cameroon, Central African Republic, Chad, Congo, Equatorial Guinea, Gabon
- Licence in Cameroon
- Visa International, checked September 26, 2026
- Licence in Cameroon
- Ecobank Cameroon SA (card issuing bank, authorised to issue cards in Cameroon) (DLA/2000/B/025516), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does PaySika cost to keep open?+
There is no monthly charge, and the fee to hold the account is XAF 0. PaySika is listed as a no monthly fee account, which is the most common model in the everyday accounts field at 88%. What you pay is the cost of using the card and converting currency.
What does it cost to change currency?+
Currency conversion fees run 1% to 2% on PaySika. Across everyday accounts the median conversion fee is 0.22% and the upper quartile reaches 2%. If most of your money stays in a single currency, you pay little of it.
Are transfers between PaySika accounts free?+
Yes, card to card transfers from one PaySika account to another cost 0 FCFA for PaySika-to-PaySika card-to-card transfers. The terms of that rate apply only to PaySika to PaySika card to card transfers, so payments to other services can still carry a fee. Check the price page for the rates on outbound payments.
Who issues the card and where is the company based?+
Cards come from Ecobank Cameroon SA, the bank authorised to issue cards in Cameroon, under the licence DLA/2000/B/025516. The company behind the app is PaySika Holding SAS (RCS Toulouse 881 936 744), headquartered in France. Visa International is listed for the country.
Who can open an account?+
PaySika lists business, freelancer and teen as its audience, so businesses, freelancers and teens are the groups it targets. That matches how the field is used: 94.4% of business accounts serve businesses, and 74.8% of teen and student accounts serve teens.
How do I get help?+
Support runs on chat, email and help centre, so you can reach the team by chat, email, a help centre or phone. Phone support is common in this field, at 79.7%, and a help centre is offered by 69.4% of accounts.
How does PaySika compare with a paid everyday account?+
Most accounts in the field charge no monthly fee, with a median of €0, though the maximum in this ranking is €348.65. PaySika charges XAF 0, so the difference against rivals usually shows up in conversion costs rather than the monthly bill.
Sources
- paysika.co checked September 26, 2026
Backs: Audience, Headquarters, Support channels, Licences
“You can receive payments from Paypal, from trading platforms or online betting, royalties from Youtube, Facebook, Instagram, TikTok and many others”
- paysika.co/conditions-generale-dutilisation checked September 26, 2026
Backs: Legal entity
“paysika.co is a site published jointly by the company PaySika Holding SAS and PaySika Cameroun SAS”
- paysika.co/en/price checked September 26, 2026
Backs: Currency conversion fee, Pricing model, Monthly fee, Transfer fee
“Withdrawal Gab 1% locally * 2% for international transactions”
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Licence type, Deposit protection, Currencies.
Related by the facts
Guides
PaySika
A free everyday account with a card for business, freelance or teen spending in Cameroon.