PayFast is a major online payment processing service in South Africa for individuals, non-profit organizations, and businesses of all kinds. The organization is committed to facilitating the simple, safe, and rapid transfer of funds to online merchants in order to assist them in growing, developing, and succeeding in the digital economy.
Rate
Services
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Personal IBAN
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Affiliate program
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Cashback
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SEPA
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Loyalty program
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Insurance
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Multicurrency account
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SWIFT
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Card
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Crypto
Details
| Has mobile app: | No |
| Has web version: | Yes |
| Contacts: | support@payfast.co.za |
| Languages: | English |
| Reference number: | 9233540161 |
| Founded: | 2,007 |
| Available in these countries: | RSA |
| Jurisdiction: | RSA |
| Licenses: | TPPP |
Main info
| Has bill split: | Yes |
| Has iban: | No |
| Has sepa: | No |
| Has swift: | Yes |
| Merchant service fee: | Credit card = 3.5%+ 2.00ZAR/transaction
EFT=2.0%(min 2 ZAR)/transaction Masterpass=3.5%+2 ZAR/transaction SnapScap= 3.5%+ 2ZAR/transaction Debit card=3.5%+2ZAR/transaction Mobicred=3.5%/trasaction Scode=4.5% + 5ZAR/transaction Zapper=3.5%+ 2ZAR/trasaction |
| Main service fee text: | 0 ZAR/MONTH |
| Account opening fee: | 0 ZAR |
| Main currency: | ZAR |
| Number of currencies: | 1 |
| Business account service fee: | 0 ZAR/month |
Business account
Merchant
Business account
| Business account has SWIFT | Yes |
| Business account service fee | 0 ZAR/month |
| Business account P2P fee | Credit card = 3.5%+ 2.00ZAR/transaction
EFT=2.0%(min 2 ZAR)/transaction Masterpass=3.5%+2 ZAR/transaction SnapScap= 3.5%+ 2ZAR/transaction Debit card=3.5%+2ZAR/transaction Mobicred=3.5%/trasaction Scode=4.5% + 5ZAR/transaction Zapper=3.5%+ 2ZAR/trasaction |
| Business account opening fee | 0 ZAR |
Merchant
| Merchant service fee | Credit card = 3.5%+ 2.00ZAR/transaction
EFT=2.0%(min 2 ZAR)/transaction Masterpass=3.5%+2 ZAR/transaction SnapScap= 3.5%+ 2ZAR/transaction Debit card=3.5%+2ZAR/transaction Mobicred=3.5%/trasaction Scode=4.5% + 5ZAR/transaction Zapper=3.5%+ 2ZAR/trasaction |
