Thats right, we’re dropping our fee for accepting credit card payments by over 20%! Starting next Monday (April 1st, 2013 *) all Visa and MasterCard payments through PayFast will now only be subject to a base fee of just 3.9%. **
For PayFast sellers who don’t currently accept credit cards, you can easily do so by verifying your account. For those who do, you don’t have to do anything, the rates will automatically get adjusted on your account starting next week. For those interested in selling (or getting paid for services) online, this is a great time to sign up. It’s free to do so, we’ve got world-class support and we integrate with over 30 shopping cart and online billing systems.
The Team @ PayFast
* As crazy as this sounds (and despite the date) this really isn’t an April Fool’s joke. We don’t make jokes like that.
** The full, fine-print fee is 3.9% plus R2.00 and excludes VAT. Fees of high-volume merchants already lower than 3.9% will remain unchanged.