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PayFast
payfast.co.zaSummary
Ask questionsPayFast is a South African online payment gateway that enables businesses to accept a wide array of payment methods, including credit cards, Instant EFT, and various mobile payment options. It offers comprehensive developer tools for integration, supports recurring billing, and provides a dashboard for managing transactions and business operations. The platform also facilitates in-person payments through a POS device and offers business funding solutions.
Features15/46
See all15/46
Must Have
10 of 14
Payment Processing
Developer API Integration
Billing & Subscription Management
Fraud Detection
Dashboard & Reporting
Credit Card Processing
Online Payments
Developer Tools
Fraud Prevention
Recurring Billing
Global Payments
Credit Card Acceptance
Developer APIs & SDKs
Subscription & Recurring Billing
Other
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Stripe Terminal
Stripe Invoicing
Multi-Currency Support
Global Payment Methods
Webhook Event System
Stripe Connect
Stripe Issuing
Stripe Treasury
Stripe Atlas
Stripe Capital
Stripe Sigma
Stripe Tax
Customer Portal
Invoicing
Payment Intents
Reporting & Analytics
Marketplace Payments
In-Person Payments
Connect Platform
Issuing
Treasury Services
Identity Verification
Mobile App Management
Webhooks & Event Notifications
Multi-Currency Support
Dispute Management
Reporting & Analytics Dashboard
Payout Management
PCI Compliance
Test Mode & Sandbox
Customizable Checkout
Invoice Creation & Sending
PricingTiered
See allTiered
Payfast Aggregation
Custom
- Accept 18+ payment methods
- No monthly fees
- No setup fees
- No hidden fees
- Onsite Payments
- Subscriptions
- Payment Request
- Tokenization
- Merchant Refund
- Multi-Currency Pricing
- Immediate Payout
- Payfast by Network App
- Split Payments
- Easy Advance (business funding)
- Paybill Gateway e-billing
- Paybatch Gateway batched payments
- Real-time transaction reporting dashboard
- PCI-DSS Level 1 Service Provider
- Credit and Cheque Card: 3.2% + R 2.00 per transaction
- Instant EFT: 2.0% (min R 2.00) per transaction
- Capitec Pay: 2.0% (min R 2.00) per transaction
- Apple Pay: 3.2% (min R 2.00) per transaction
- Samsung Pay: 3.2% (min R 2.00) per transaction
- MoreTyme: 5.5% + R 2.00 per transaction
- MukuruPay: 3.9% + R 6.00 per transaction
- Masterpass: 3.5% + R 2.00 per transaction
- Store Cards: 3.2% + R 2.00 per transaction
- SnapScan: 3.5% + R 2.00 per transaction
- Mobicred: 3.2% per transaction
- Scode: 4.5% + R 5.00 per transaction
- Zapper: 3.5% + R 2.00 per transaction
- Immediate payout fees: 0.8% excluding VAT (minimum R14.00)
- Payout fee: R8.70 excluding VAT per payout
- Refunds: R2.00 excluding VAT per refund
Paygate Gateway
Custom
- Harnesses the power of your existing merchant account
- Expert payment processing technology
- Requires an existing internet merchant account with your bank
- Pricing is customized and requires contacting sales
Network Point-of-Sale (POS) Device
Custom
- Accept contactless payments in store
- Secure in-person payment solution
- Tap-and-pay card machine
- Requires a once-off device fee
- R49 monthly connectivity fee
Rationale
PayFast is a comprehensive payment gateway based in South Africa that offers a wide range of payment processing features, including online and in-person payments, credit card processing, and support for various local and international payment methods. It provides robust developer tools, APIs, and documentation for custom integrations, and includes features for recurring billing and subscription management. The platform also emphasizes security with PCI DSS Level 1 compliance, which implies fraud prevention measures. The dashboard and reporting features are explicitly mentioned for managing transactions and business operations. While it doesn't explicitly mention 'Stripe Connect', 'Stripe Issuing', 'Stripe Treasury', 'Stripe Atlas', 'Stripe Capital', or 'Stripe Sigma', it does offer similar functionalities like 'Split Payments' (similar to marketplace payments) and 'Easy Advance' (business funding). The core must-have features are strongly present.
