What is Payfast?
Shopping online has become so intertwined in our society that it’s not even considered a trend anymore. In fact, according to campaignmonitor.com, 80% of the online population shop online!
How does this impact South Africa? Well, eCommerce in South Africa is massive and as of 2019, there were 29 200 WooCommerce shops live, and e-commerce is rapidly increasing every year. At Pathfind Media, we have done a number of eCommerce stores over the last 5 years and we expect that number to increase going forward.
For anyone that has built an eCommerce store in South Africa, you will know that the default payment gateway, PAYPAL, does not accept the South African Rand as a chosen currency so this would present a unique problem.
We have the solution: Payfast.
What is Payfast?
Payfast is the go-to eCommerce and online payment portal in South Africa. The benefits to using Payfast in South Africa include support available immediately as you are dealing with a South African company (No time zone delays and logging numerous support tickets until you get to the heart of the matter) and multiple payment methods to make it easier for your customers.
Benefits of using Payfast
According to Payfast.co.za, there are 4 main benefits to using Payfast on your local online store:
- No setup fees or monthly subscriptions.
- Accept credit card payments: Visa & MasterCard
- Accept Instant EFT: bank payments that clear instantly
- Reduced fraud through effective use of technology.
Web developers also have the use of the Payfast Sandbox system, they can now test the entire online shopping process and eliminate any bugs and teething problems before they occur which results in less shopping frustration from YOUR potential clients.
As web developers, we test a variety of plugins and systems to find what works best for our clients and we can definitely say that PayFast is right up there with the best. We use Payfast as the default Payment gateway across all the eCommerce stores that we set up and would highly recommend it.
Contact us if you would like to know more about Payfast or if you are interested in setting up your own online store.