PayFast is a South African online payment processing solution for individuals, NPOs, and businesses of all sizes in South Africa. The venture was founded in 2007 by Jonathan Smit and Andy Higgins with the vision of helping online merchants (businesses, individuals, and causes) grow their business. PayFast is part of the African-Irish DPO Group (profile), which is focused on providing payment services in Africa.
PayFast offers an online payment service to merchants of all sizes, providing access to a variety of payment methods, including credit cards, Instant EFT, Masterpass, and debit cards.
Without the need for a dedicated merchant account, a PayFast account can be activated within 24 hours and incurs no monthly or setup fees.
By 2015, more than a million online shoppers had made a payment using PayFast. However, no Trustlevel rating is currently available.
We have no negative feedback and thus included PayFase in our “Green Compliance” list.