What is Payfast and how does it work?

Payfast is a payment processing platform that enables merchants to accept secure online payments through multiple methods including credit/debit cards, mobile wallets, QR codes, and instant EFT transfers. It operates as either an Aggregator (requiring no merchant bank account) or a Gateway (for merchants with existing banking relationships) and supports ecommerce, invoicing, ticketing, in-store POS, and donations.

How much does Payfast cost?

Payfast's Aggregation solution has no monthly, setup, or hidden fees; you only pay a small transaction fee when you make a sale. The Gateway solution pricing is not specified in available information.

What countries does Payfast operate in?

Payfast primarily operates in South Africa, though it enables merchants to accept payments from customers worldwide.

Who is Payfast best suited for?

Payfast is suited for businesses of all sizes, from small startups to large enterprises. It's particularly useful for ecommerce stores, ticketing platforms, invoicing services, in-store retailers, marketplaces, and organizations accepting donations.

Does Payfast have a plan for teams or businesses?

Yes, Payfast offers both Aggregator and Gateway solutions designed to scale from small businesses to large enterprises. The Gateway solution is specifically developed for larger businesses with more complex payment needs.

Does Payfast offer an API or integrations?

Yes, Payfast offers robust APIs, SDKs, and integrations with 70+ platforms and plugins including Shopify, WooCommerce, WHMCS, and Magento. It supports custom integration, onsite payments, recurring billing, and Pay Now buttons.

Payfast: Overview, Features, Pricing & Funding

Payfast by Network is an online payment gateway for South African merchants that need to accept card and alternative payments on ecommerce sites, invoices, and in-store.

Key capabilities include:

18+ payment methods including credit cards, Instant EFT, QR codes, Mobicred, and store cards, with support for multi-currency pricing to accept payments from almost anywhere in the world.
Checkout and billing tools such as onsite payments, Pay Now buttons, payment requests via email, and subscriptions with tokenization for recurring card payments.
Operations and settlement features including immediate payout (access funds within minutes), merchant refunds, and split payments to share a transaction with a third party.