Payment Gateways

Payment Gateways

To allow users to checkout, we need a payment processor – we use any of them, some of them provide a slightly better user experience.
They are all free to use, they make their money from a % of sales they process (approx. 3 to 5%)

Recommendations for local payment processors:

  1. https://payfast.co.za
  2. https://paygate.co.za
  3. https://yoco.co.za
  4. https://snapscan.co.za 
  5. https://www.peachpayments.com/​

We also find that locally, there is a 15 to 30% increase in sales if we enable EFT payments. This adds to your internal process as someone needs to cross-reference payments against the Bank account.

Recommendations for international payment processors:
  1. If you process over R300,000 per month, https://www.peachpayments.com/ is the only South African Gateway that allows international payments
  2. If you have an offshore (US) bank account – https://stripe.com is best
  3. If you do not have an offshore account, you can use https://PayPal.com, but need to get an account at FNB to transfer the money from PayPal into SA.
  4. If you are processing both International and local, you will need one of each (local & intl)
IMPORTANT: The application for this takes some time, so best to get the ball rolling as soon as possible. The business needs to have paperwork submitted, checked and verified.



    • Related Articles

    • Accounts and Payment Details

      We have the following accounts available for payment: US Dollar - USD - $ Bank name: First Century Bank Bank address: 1731 N Elm St Commerce, GA 30529 USA Routing (ABA): 061120084 Account number: 4027607372479 Account type: CHECKING Beneficiary name: ...

    • What Payment Gateway do you use?​

      We use PayFast.co.za, who provide a very robust payment gateway with sufficient payment methods. Same gateway as Takealot! Click their logo below to go to their site.

    • What happens if my payment doesn’t go through?​

      Subscriber Out of Funds PayFast will try a number of times to reprocess a payment where the buyer does not have funds on their credit card. On failure, the buyer will be notified, allowing some time for the problem to be resolved. On a complete ...

    • What are my payment options?​

      We accept all Credit Cards, Debit Cards, EFT and Instant EFT.

    • How is my subscription charged?​

      When you make the payment on PayFast, the transaction is processed immediately against the payment method you provide. The bank will show the following reference on your payment:    PAYFAST*Elastic TechnolCape Town WCZA The radiantWEB service is a ...