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Payment Methods

Cash Deposit


Cash Deposit by PayFast enables online shoppers to make cash deposit payments for online purchases directly at the bank, either over the counter or at an ATM.
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Let your customers pay with cash and effortlessly receive funds in your PayFast account

For many South Africans cash is still king. With Cash Deposit by PayFast you can start accepting cash deposits for online purchases quickly, easily and securely. Activate Cash Deposit by PayFast as a payment option in your PayFast account to start receiving cash payments.

Supported banks:
ABSA
FNB
grey atm with bank notes being withdrawn
How cash deposits work
1

When the buyer chooses Cash Deposit by PayFast during the checkout process, they will be prompted to select at which bank they will be making their cash deposit.


2

Buyers are then provided (via email or SMS) with banking details for the cash deposit slip, including the PayFast reference code.


3

Once a cash deposit has been made you will be notified and the payment will show instantly in your PayFast account.


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Benefits of Cash Deposits

Enables cash payments for online purchases

Cash deposits reflect instantly in your PayFast account

Only pay a small all-in-one transaction fee when you make a sale

simple, transparant pricing

Simple, transparent pricing

No setup, monthly or hidden fees. Fees are negotiable based on online sales volumes.

Start using PayFast today

Our online registration process makes it easy for you to sign up for an Individual, Business or Cause account.

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