Account Types

 

PayFast offers 3 different receiving account types detailed below:

 

Business

Business Account

A Business account is designed for businesses who need to accept money on a very regular basis. This account can use any payment method and the full range of integration methods and features.

  • Intended for: eCommerce sites, large online traders, businesses accepting large sums of money online etc.
  • Requirements: Name, Email Address, ID Number, South African Bank Account, Postal Address, Physical Address, Company Name, Company Registration Number

 

Register your free account

Cause

A Cause account is for registered NPOs (Non Profit Organisations) to aid them in fundraising by accepting donations online. This account comes with vastly reduced fees as well as a cause page hosted by PayFast.

  • Intended for: Registered NPOs who wish to expand their fundraising capability.
  • Requirements: Name, Email Address, ID Number, South African Bank Account, Postal Address, Physical Address

 

Register your free account

  Cause Account

Individual

Individual Account

An Individual account is intended for use by individuals (traders, sole proprietors etc.) who need to accept money from customers and is able to accept credit card payments. This account can use any payment method and the full range of integration methods and features.

  • Intended for: Online traders, market stall owners, shops with or without an eCommerce site wanting to accept payments online etc.
  • Requirements: Name, Email Address, ID Number, South African Bank Account, Postal Address, Physical Address

 

Register your free account