Instant EFT is PayFast’s patented, revolutionary method of completing online purchases by making an internet banking transfer (EFT) which gets instantly verified. There is no two day wait, you don’t need to send in proof of payment and it can be used with South Africa’s four biggest banks: ABSA, FNB, Nedbank and Standard Bank. Instant EFT puts you in touch with the large number of online shoppers without credit cards but with access to internet banking.
See the slideshow on the right for more information on this unique payment method.
The reason why we cannot support Capitec Instant EFT payments is because Capitec does not offer business bank accounts, only personal accounts. Therefore, we cannot open a business bank account to receive payments. Sadly, until Capitec offers business bank accounts there is no way around this.