Instant EFT by PayFast gets a Refresh

PayFast Instant EFT Refresh Campaign Image iphone with South African bank logos

We’re pleased to announce we’ve refreshed and streamlined our Instant EFT payment method. Now, your customers will experience a more flexible and efficient payment process.

Let’s get to the biggest news, Instant EFT by PayFast now supports payments from Capitec Bank and Investec (in addition to existing banks – FNB, ABSA, Nedbank, and Standard Bank). That means merchants can access more customers across South Africa.

We’ve also gone a step further by offering an automated payment option. Now, when customers checkout and select the Instant EFT option followed by their preferred bank, all they need to do is provide their Internet Banking credentials and authorise the payment. (The manual option is still available to those who prefer this option).

And for the cherry on top, Instant EFT still gives your customers the same great features from before:

  • Mobile friendly so customers can pay on the go.
  • Support for all internet banking options (mobile app, internet, cellphone banking).
  • An improved customer experience for quicker, more efficient payments.

This refresh makes payments easier and simpler for both merchants and their customers.

Find out more on our Knowledgebase.

Please note: This new feature will be rolled out on all merchant accounts within the next 7 days, so if your customers are not seeing the option on the checkout page it’s because it’s not activated on your account yet. You’ll be up and running by 22/11/2017.