Company information

Company namePayFast (Pty) Ltd.
FoundedMay, 2007
Founders & directorsJonathan Smit (MD)
Andy Higgins
Company registration number2007/011558/07
VAT registration number4520238322
Postal addressPO Box 27021, Hout Bay, Cape Town, 7872
Physical locationCape Town, South Africa
Contact usPlease see our contact page

PayFast’s goal is to be an ecommerce enabler; helping businesses, individuals and causes to accept online payments in a variety of ways.

The South African online space has skyrocketed since 2007, the year PayFast was founded. We are all riding a hugely exciting wave, one that has been set in motion by a wonderful industry of online merchants: businesses, individuals and causes.

With over 55,000 receiving accounts registered with PayFast, trusting us with their payment needs, we continue to be the online payment processor of choice for South African sellers, large and small. Our merchants range from independent sole proprietors to large companies with hundreds of personnel.

We continuously try to reduce the friction in accepting online payments: sellers don’t require merchant accounts to accept credit card payments with PayFast and integrating is easy and user-friendly thanks to our more than 80 existing shopping cart integrations.

We have some of the tightest security measures in the industry, securing everything within a robust PCI DSS Level 1 environment. An immense amount of resources are also spent in fighting online fraud and keeping both buyers and sellers safe from abuse.

PayFast is a big supporter of local startups and we’re proudly involved in various meetups, hackathons, conferences, tech and charitable events. We provide resources worth tens of thousands of rand to charities each year to assist them with their online fundraising efforts.

We’re always looking for new ways to help connect buyers with sellers and donors with charities. This is done by continuously adding new payment methods for our sellers on a variety of payment platforms, forever looking at making online sales easier, faster and more secure.

In mid-2019 PayFast became part of the DPO Group, spurring the growth of Africa’s largest payment service provider.