If you are looking for answers to your questions about Payfast, you are on the right spot. Either take a look at below FAQs about Payfast or directly learn from our 24/7 Support Team!
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Payfast is a leading online payment processor for businesses of all sizes in South Africa. It’s dedicated to helping online merchants grow by making transactions seamless and secure.
Payfast provides a seamless checkout experience by integrating with Jotform. To use Jotform’s Payfast integration, create a custom payment form, connect it to your Payfast account, and publish it on your website. Customers will be redirected to Payfast to complete their transactions.
Yes! Like Jotform, Payfast is PCI DSS Level 1 compliant and ensures that sensitive financial information like credit and debit card details are protected from third parties during online transactions.
Payfast only supports South African rand (ZAR). However, you can receive international payments via Visa and Mastercard credit cards issued in any country. The amount will be in ZAR and paid to your Payfast account by the credit card provider.
Payfast supports eight payment methods: Visa and Mastercard credit cards, Maestro and Visa Electron debit cards, Masterpass, Mobicred, MoreTyme, SnapScan, SCode, and Instant EFT by Payfast.
Payfast doesn’t charge any setup, monthly, or hidden fees, so you’ll only have to pay per transaction. The standard credit card transaction fee for Payfast is 3.5% plus R 2.00. Plus, you won’t be charged additional transaction fees for using Payfast payment forms powered by Jotform. You can learn more about Payfast transaction fees here.
Ready to integrate your online form with Payfast? Open our Form Builder and click on the Add Form Element menu to see the list of Jotform’s payment integrations. Search for Payfast and connect your account by providing your Payfast Merchant Key, ID, and passphrase. You’ll also need to indicate whether you’re selling products or subscriptions, accepting donations, or collecting user-defined payments. Publish your form on your website to start accepting Payfast payments.
For each transaction, Payfast will process the funds and then pay out to your account upon request. Payouts are subject to a 48- to 72-hour holding period. You can also set up scheduled payouts with Payfast to receive funds automatically on a scheduled basis.