What is PayFast?

What is PayFast?

PayFast is an online payment processing service for South African merchants of all sizes. PayFast allows merchants (individuals, businesses and charities) to accept secure payments from online buyers by offering a variety of payment methods, including credit cardInstant EFTMasterpass, mobicredSCode, RCS store cards, MoreTyme and debit card. Without the need of a merchant account, a PayFast account can be activated within 24 hours and incurs no monthly or setup fees.

PayFast supports both merchants and their customers and is packaged with advanced security layers and fraud detection. Integration with over 80 platforms provides seamless payment access to anything from ecommerce stores to invoicing and event ticketing.




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      Technically you can use the same PayFast account (that is the same PayFast Merchant ID and Key) on multiple websites. However, using the same PayFast account on multiple websites doesn’t cater for a good buyer experience because the same merchant ...
    • Is PayFast PCI Compliant?

      PayFast is PCI DSS Level 1 Service Provider, which is the highest level possible. What is PCI Compliance? PCI DSS stands for Payment Card Industry Data Security Standard and is a PASA (Payment Association of South Africa) regulation in South Africa. ...
    • How does PayFast handle international payments?

      You can receive international payments via Visa and Mastercard credit cards. A buyer can use a card that has been issued in any country. The amount will be in ZAR and the credit card provider will conduct the exchange, paying out ZAR to your PayFast ...
    • Is my PayFast account a bank account?

      No, your PayFast account is not a bank account. It is electronic money stored in an online stored-value account.  Any funds in your account can be moved to your bank account by clicking the Payout button on your dashboard.  If you have a high volume ...
    • Can I use PayFast for crowdfunding?

      What is crowdfunding? Crowdfunding is the practice of funding a project or venture by raising money from a large number of people. Well known crowdfunding platforms like Kickstarter and Thundafund allow people to list projects on their site and then ...