No credit card? No problem. Instant EFT allows online shoppers with access to internet banking to make an internet banking transfer (EFT) that gets instantly verified. There is no two day wait, you don’t need to send in proof of payments and it can be used with six of South Africa’s biggest banks.
6 South African banks supported
- Standard Bank
- Capitec Bank
More flexibility to access more buyers
With PayFast’s Instant EFT, customers have the most flexibility since they can choose whether to create a payment automatically or load the payment themselves through their preferred banking portal (only available for FNB, ABSA, Standard Bank and Nedbank). More payment options means access to more shoppers and increased sales.
- Clears immediately; no two day wait
- No proof of payment required
- No delays during checkout
- Works on all browsers and most smart mobile devices
- More payment options for greater flexibility
Did you know?
Instant EFT is the second most popular online payment method in South Africa after credit and cheque cards. Don’t miss out on potential sales and make sure you have enabled Instant EFT on your PayFast dashboard or sign up for your free PayFast account now.