PAYSTACK JOINS THE SL@VE MASTERS: AN UNJUST ATTACK ON MOREPLEXTV AND NIGERIAN BUSINESSES

PAYSTACK JOINS THE SL@VE MASTERS: AN UNJUST ATTACK ON MOREPLEXTV AND NIGERIAN BUSINESSES

 In a shocking and controversial move, Paystack has abruptly disabled MoreplexTV’s payment gateway, cutting off their ability to receive payments from subscribers in Nigeria. This unexpected action, executed without warning or prior communication, has left many questioning whether Paystack is deliberately working against Nigerian businesses.

MoreplexTV, a rising player in the digital entertainment space, has provided Nigerians and Africans access to affordable premium TV content, including live sports, movies, news, and entertainment channels. However, their operations have now been severely disrupted by Paystack’s unexplained decision.

FALSE ACCUSATIONS AND SUDDEN DISCONNECTION

According to MoreplexTV, Paystack claimed that their platform was hosting adult content—an allegation that the company has strongly denied. MoreplexTV insists that they do not stream or promote any form of adult content, a fact that their subscribers can readily confirm.

Even more troubling is that this isn’t the first time Paystack has taken such action against them. Just last week, MoreplexTV’s payment gateway was also abruptly disabled in South Africa, with Paystack citing another vague excuse—this time alleging the use of "unauthorized content." Again, no proof was presented, and the company was not given a chance to respond.

This pattern of behavior suggests that Paystack may be intentionally targeting certain businesses, working in favor of forces that want to stifle competition and keep Nigerian entrepreneurs struggling.

A THREAT TO NIGERIAN DIGITAL BUSINESSES

The implications of this situation go far beyond MoreplexTV. If a digital business can be cut off from financial transactions overnight, without a valid reason or due process, what does this mean for other Nigerian businesses relying on online payment gateways?

Many startups, e-commerce platforms, and subscription-based services depend on seamless digital payments to operate. A situation where payment processors can arbitrarily disconnect businesses without accountability is a serious concern that demands urgent attention.

CALL FOR REGULATORY INTERVENTION

MoreplexTV has called on relevant authorities to take action against what appears to be an unfair business practice by Paystack. They have specifically urged:

📌 @cenbank (Central Bank of Nigeria)
📌 @fccpcnigeria (Federal Competition & Consumer Protection Commission)
📌 @NgComCommission (Nigerian Communications Commission)

These regulatory bodies must investigate whether Paystack is abusing its power as a payment service provider to target specific businesses unfairly. There must be transparency and accountability to ensure that no Nigerian business is unjustly cut off from its revenue streams.

MOREPLEXTV’S RESPONSE: FINDING ALTERNATIVE PAYMENT SOLUTIONS

Despite this setback, MoreplexTV has assured its subscribers that their services remain available and uninterrupted. They are now directing customers to use bank transfers and other payment gateways to continue their subscriptions.

Their commitment to providing premium entertainment at affordable rates remains strong, and they continue to offer:

✅ Live Football & Supersports Channels
✅ CNN, Zee World, Telemundo, Nickelodeon
✅ Cinemachi Movie Channels, Nollywood, and more
✅ 100+ HEVC Channels for just 5k!

For subscribers looking to renew their accounts or sign up for MoreplexTV’s services, alternative payment options are available on their official website: http://moreplextv.com.

THE BIGGER PICTURE: A WAKE-UP CALL FOR NIGERIAN ENTREPRENEURS

This incident raises a critical question: Who really controls the Nigerian digital economy? The entire ecosystem is at risk if payment providers can dictate which businesses can and cannot operate based on arbitrary and baseless accusations.

Entrepreneurs, business owners, and policymakers must take this issue seriously. Nigerians cannot afford to have their businesses held hostage by foreign-owned financial services with unchecked power.

This is not just about MoreplexTV—it’s about every Nigerian business that depends on digital payments. It’s time for authorities, industry stakeholders, and the Nigerian public to demand fairness, transparency, and accountability in the fintech space.

MoreplexTV may be the latest victim, but if this pattern continues, who will be next?