Competitors
PayFast
payfast.co.za
PayFast 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.
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.
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