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What is PayFast?

PayFast enables South African businesses of all sizes to accept payments online. We enable easy, secure and instant transfer of money from online buyers to sellers.

How does it work?

  • When a buyer clicks to pay, they get to choose their preferred payment method and securely completes the transaction on PayFast’s servers.
  • After payment has been completed, the buyer and seller are both notified of the successful transaction. The seller can immediately start fulfilment of their goods or services.

Do buyers pay a fee to use the facility?

No.

NuKe Marketing Clients can pay their monthly hosting via PayFast!

Please contact us if you would like to automatically pay your account each month via PayFast!

We will send you a link requesting the first payment & then the payment will automatically be charged to you on the same day each month.

This makes it more convenient for you as you would not need to make manual payments to us each month!

Email us at info@nukemarketing.co.za to setup automatic reoccurring billing on your account.

Payment methods accepted via PayFast

PayFast offers a variety of payment methods through the familiar and trusted PayFast interface. We process MasterCard and Visa credit cards, Instant EFT (with SA’s four biggest banks), Masterpass, credit facility mobicred and digital payment method Bitcoin.

Credit & cheque cards

Credit cards are well known and a de facto online payment method the world round. We process local and international credit cards and cheque cards, with a variety of fraud protection mechanisms in place to protect sellers against costly chargebacks. Learn more.

Instant EFT

Instant EFT enables buyers to make payments with traditional internet banking with SA’s four biggest banks. The electronic funds transfer (EFT) gets verified instantly. No two day waiting period, no proof of payment required and no disclosing of financial information. Learn more.

Bitcoin

Bitcoin is an innovative digital payment method, performed over a peer-to-peer network. Sellers can now receive payment from buyers who hold Bitcoin. The seller receives payment in South African rand; the buyer simply transacts at the current rate of exchange. Learn more.

ATM debit cards (via Visa Electron and Maestro)

You can accept payment from Visa Electron and Maestro issued debit card holders. Buyers enter their debit card and mobile phone number and then authenticate the transaction on their phone. The system works with devices on the Vodacom or MTN network and with debit cards issued by Absa, Nedbank, Standard Bank, and more. Learn more.

Masterpass

Masterpass is a simple, convenient, trusted digital wallet from MasterCard for faster, safer shopping at online merchants. A digital wallet makes online shopping safer and easy by storing payment information in one secure place. Learn more.

Security & Fraud Prevention

PayFast is committed to keeping you, your customers and all sensitive information secure. We have a multitude of automated and manual checks in place to protect both buyers and sellers from fraudulent transactions. Online retail has a fraud rate between 1 and 2% of all transactions. Through effective controls, PayFast’s is currently below 0,2% and still going down.

PCI-DSS Level 1 Compliant
SSL with 2048-bit encryption

PayFast uses Extended Validation SSL with 2048-bit encryption. Only two of the four major South African banks use this –the highest– level of encryption currently available.

Info

All sensitive info is encrypted within PayFast's own database.

Weekly Testing

PayFast runs penetration testing on their system on a weekly basis to look for vulnerabilities. They are only required to do it once every three months, but they run it every week.

Secure Server

PayFast's entire site, blog, payments page and help site are all served off secure servers, making it harder to perpetrate phishing attacks.

3D Secure

3D Secure is in place for all credit card transactions

Two-factor authentication

Two-factor authentication is available to restrict access to your PayFast account.

GEO IP tracking

PayFast uses GEO IP tracking to see where transactions are originating from and look for mismatches between this and the card’s issuing country.

GEO IP tracking

PayFast uses GEO IP tracking to see where transactions are originating from and look for mismatches between this and the card’s issuing country.

This content has been taken from PayFast’s website, for more information Please visit www.payfast.co.za