Capitec Pay

A first of its kind in South Africa, Capitec Pay is an open banking payment method that allows your customers to make secure digital payments directly from their Capitec Bank accounts.

Accept safe, card-free payments with Capitec Pay 

Capitec Pay is a revolutionary open banking payment method from Capitec Bank that is driving financial inclusion in South Africa. With Payfast, you can seamlessly accept Capitec Pay payments from millions of South Africans with smartphones who bank with Capitec Bank. 

How Capitec Pay works

  1. At checkout, the customer selects Capitec Pay as their payment method.  
  2. They enter their cell phone or ID number. 
  3. Via the Capitec App, they tap Transact > Capitec Pay and approve their payment. 
  4. Once the payment is processed it will reflect in your Payfast account.  
capitec pay illustration

Benefits of Capitec Pay

  • Quick, easy and secure payments  
  • Access over 12 million potential customers who actively use Capitec Bank’s digital channels 
  • Improved settlements, automated reconciliation and uptime due to bank-side monitoring  
  • Payment reflects in your Payfast account as soon as the payment is processed  
  • Pay an all-in-one transaction fee when you make a sale, we have no monthly, setup or hidden fees 

Simple, transparent pricing

No setup, monthly or hidden fees. Fees are negotiable based on online sales volumes.