Payfast
- Headquarters
- Not yet verified
- Founded
- Not yet verified
- Last verified
- 22 Oct 2026 Oldest figure checked 22 Oct 2026
We earn nothing from Payfast. It is ranked on the same numbers as everyone else.
Who it suits, and where it falls short
We have not written our verdict on Payfast yet. It comes after we have tested it.
What it costs
Fees are per payment, in the currency the customer pays in. A row for one payment method overrides the country's default. Each figure says where it came from and when we checked it.
| Route | Applies to | Fee | Exchange-rate margin | Limits | Settlement time |
|---|---|---|---|---|---|
| South Africa (ZAR) to South Africa (ZAR) | Any method Cards and wallets, including Visa and Mastercard credit cards from anywhere. Payouts: R8.70 standard, 0.8% instant (min R14). Refunds R2. Standard settlement timing not stated. | 3.2% + R2.00 Provider fee page, 22 Oct 2026 | No conversion | Not yet verified | Not yet verified |
| South Africa (ZAR) to South Africa (ZAR) | Customers pay by bank Instant EFT and Capitec Pay. | 2%, min R2.00 Provider fee page, 22 Oct 2026 | No conversion | Not yet verified | Not yet verified |
Where it works
- Customers pay from
- South Africa (ZAR)
- Merchants settled in
- South Africa (ZAR)
- Customers pay by
- Card in South Africa, Bank in South Africa
- Settled by
- Not yet verified
From: Provider fee page, 22 Oct 2026
Regulator and licences
We have not yet found a licence or registration for Payfast. Check with the provider before you send money.
Where these figures come from
Profile last reviewed 22 Oct 2026. The oldest figure on it was checked 22 Oct 2026.
- Desk research, 22 Oct 2026 Desk research, row G20 of the provider research sheet. Data confidence: Provider. Backs: research notes
- Provider fee page, 22 Oct 2026 · Open source Backs: coverage, payment methods, and fees