Good News! We dropped our credit card fees by over 20%. Now only 3.9%.

PayFast doesn't charge any setup or monthly fees. Making payments is free, but we charge a fee for receiving payments.
When you request money to be sent from your PayFast account to your bank account, we also charge a Payout fee.
You don't require a merchant account with your bank to use PayFast.

Description Fee
Setup Fee Free
Monthly Fee Free
Receiving funds
Instant EFT 2.0% (minimum R2.00)
Credit Cards 3.9% (plus R2.00)
Ukash 7.0% (minimum R2.00)
Payout to bank account R 8.77
All fees exclude VAT
PayFast Fees

Fee reduction

We give discounts on the fees above based on monthly transaction volume. The month
after which your volume surpasses a given bracket, you may apply to PayFast for a
reduction in your fees as indicated below.

We also offer reduced fees for registered charities with our Cause accounts.

Our reduced fees