Before you Register
What type of PayFast account should a school register for?
Schools signing up with PayFast to receive payments should register for a Sole Trader Account. Read more about what’s required to verify a Sole Trader Account. Please Note: The bank account registered with PayFast needs to be in the school’s name.
Sign up with PayFast
If you would like to receive payments online, you can sign up for a PayFast merchant account which is free to do and can be done completely online. You can register as a Sole Trader (sole-proprietor), Company (Close corporation, Pty (Ltd), Trust) or ...
I'm not from South Africa. Can I receive payments using PayFast?
To receive payments using PayFast for the goods or services that you sell, you will need to have a South African bank account for PayFast to pay the funds out to. If you don't have a South African bank account you unfortunately won't be able to ...
Collection and payout process
PayFast simplifies the purchasing process, providing a secure and trusted third-party with fast payment confirmation across multiple payment methods. We collect multiple payments on your behalf which accrue to your PayFast account. You can then ...
Which types of cards can be used on PayFast?
Visa and Mastercard credit or cheque cards (from both local and international buyers) can be used on PayFast, as well as RCS Store Cards. As long as the card has a card number, expiry date and CVV number on the back it can be used to make a card ...
Goods and services prohibited for processing through PayFast
Compliance has become a very important part of our operations at PayFast and we have to be very mindful of the rules, regulations and requirements of various bodies governing our operation including the Payments Association of South Africa (PASA), ...