What type of PayFast account should a school register for?
Schools signing up with PayFast to receive payments should register for an Individual Account. For information about what’s required to verify an Individual Account, read this article.
Please Note: The bank account registered with PayFast needs to be in the school’s name.
Verify a Business Account
A Business Account on PayFast is for companies that are registered with CIPC/CIPRO. Examples of these are: Closed Corporation Pty (Ltd) Trust How do I verify my account? To verify your account, you will need to provide us with the documentation ...
Verify a Cause Account
A Cause Account is for registered charities that want to use PayFast to receive donations and/or payments. Examples of registered causes are: Non-Profit Organisation Public Benefits Organisation Section 21 or Not For Profit Company Trust How do I ...
Sign up with PayFast
If you would like to receive payments through PayFast you need to sign up for a PayFast account, which is free to do and can be done completely online here. Follow the registration steps and fill in all the required information. You can register as ...
Verify an Individual Account
An Individual account is intended for individuals or a sole proprietor or partnership that is not registered with CIPC/CIPRO and wants to receive payments. Examples of an Individual account are: A person Sole proprietorship Partnership How do I ...
Verify your account
Step 2: Verify your account To accept payments through PayFast, your account needs to be verified. To do this you need to submit FICA like documents. You do not have to submit original documents, scanned copies are fine. You can submit these ...