You only pay per transaction

Yup, you only pay if you earn. No minimum costs, no lock-in contracts, no hidden fees. With Payfast, you only pay a small fee for every successful transaction.

What’s included in your transaction fees?

  • Fraud prevention
  • 5-star support service
  • Access to all of our features
  • 9+ popular payment methods
  • Easy refunds
  • No lock-in contracts

Pay less as you grow

If you process over R50, 000 in monthly transactions, first give yourself a high five then get in touch with us ASAP so we can discuss a customised pricing solution for you.

We offer:

  • Volume-based fee reductions
  • Priority account support

More ways to get you paid.

We support pretty much every popular payment method out there in South Africa. So when your customers want to show you the money they, well, can. In just about any way they like.

Payment Method

Payment Method and Transaction Fees (excl VAT)

Transaction Fees (excl VAT)

Credit and Cheque Card

The world’s most popular online payment method.

3.2% plus R 2.00

Credit card and cheque fees:

Only pay 3.5% plus R 2.00 per transaction

Example:

Transaction cost: R500.00

You only pay: R19.00 (ex VAT)

Instant EFT

An electronic funds transfer that gets verified instantly.

2.0% (minimum R 2.00)

Instant EFT Fees:

Only pay 3.5% plus R 2.00 per transaction

Example:

Transaction cost: R500.00

You only pay: R10.00 (ex VAT)

MoreTyme

A buy now, pay later option with TymeBank.

5.5% plus R 2.00

MoreTyme EFT Fees:

Only pay 5.5% plus R 2.00 per transaction

Example:

Transaction cost: R500.00

You only pay: R29.50 (ex VAT)

Masterpass

A digital wallet that streamlines the checkout process.

3.5% plus R 2.00

Masterpass Fee:

Only pay 3.5% plus R 2.00 per transaction

Example:

Transaction cost: R500.00

You only pay: R19.50 (ex VAT)

Store Cards

RCS Store Cards provide customers with the ability to make online purchases.

3.2% plus R 2.00

Store Card Fees:

Only pay 3.2% plus R 2.00 per transaction

Example:

Transaction cost: R500.00

You only pay: R18.00 (ex VAT)

SnapScan

A free ‘scan to pay’ app for convenient online shopping.

3.5% plus R 2.00

SnapScan Fees:

Only pay 3.5% plus R 2.00 per transaction

Example:

Transaction cost: R500.00

You only pay: R19.50 (ex VAT)

Debit Card

A popular payment option for many South African shoppers.

3.5% plus R 2.00

Debit Card Fees

Only pay 3.5% plus R 2.00 per transaction

Example:

Transaction cost: R500.00

You only pay: R19.50 (ex VAT)

Mobicred

An online account that gives buyers access to credit.

3.2%

MobieCred Fees:

Only pay 3.2%

Example:

Transaction cost: R500.00

You only pay: R16.00 (ex VAT)

Scode

A platform for buyers to pay for online purchases in-store.

4.5% plus R 5.00

Scode Fees:

Only pay 4.5% plus R 5.00 per transaction

Example:

Transaction cost: R500.00

You only pay: R27.50 (ex VAT)

Zapper

A free ‘scan to pay’ app for convenient online shopping.

3.5% plus R 2.00

Zapper Fees:

Only pay 3.5% plus R 2.00 per transaction

Example:

Transaction cost: R500.00

You only pay: R19.50 (ex VAT)

We charge a payout fee of R8.70 excluding VAT, regardless of the value of the payout.
Refunds are charged at R2.00 excluding VAT per refund.

Try our handy fees calculator

PAYMENT METHOD

Select payment method

  • Credit and Cheque Card
  • Instant EFT
  • MoreTyme
  • Masterpass
  • Store Cards
  • SnapScan
  • Debit Card
  • Mobicred
  • Scode
  • Zapper

TRANSACTION COST

5000

YOU’LL ONLY PAY

0

(ex VAT)

Why you should trust us with your business

16

Years of experience

Continuously updated network security and data encryption provide reliability.

7m

Buyers

Your buyers can feel comfortable paying via Payfast, knowing they’re in expert hands.

80+

Plugins

We have integated with plugins including leading e-commerce platforms.

9+

Payment methods

With our simple and negotiable fee structure, as you grow, you’ll pay even less.

Got questions?

Do I need to be a South African resident to open a Payfast account?

Can I accept international payments?

Can I accept mobile or app payments?

Do I need a merchant bank account?

Is Payfast secure?

Have more questions you’d like answered? Please take a look at our knowledge base or contact sales.

Get access to funding with Easy Advance.

Get pre-approved funding offers sent directly to you without the hassle. You can use this capital to refund whatever you need, like marketing, buying stock or renovations.