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South African Payment Gateways

E-commerce payment gateways are the most crucial tool for any kind of retail store or online store since they not only enable customers to make purchases from you online but also accept payments at any time, day or night, 365 days a year.

Gateways for payments made in South Africa:

Gateways for making payments in South Africa
PayPal, PayFast, Pay4IT, MonsterPay, and 2CheckOut are some of the payment options available.


Provides transaction rates ranging from 2.4% to 3.4%, in addition to $0.30 USD, and does not charge any setup or cancellation fees.
The disadvantage of PayPal is that it is not widely used in South Africa because it continues to collect payments in US dollars and other major foreign currencies rather than in South African rand.

South Africa's FNB and PayPal have closed the deal so many South African where waiting for, the agreement will enable customers to make or receive payments for goods and services online, and be able to pay for things and send money without sharing their financial information. FNB customers in South Africa would be able to sell goods and services to PayPal global users base of more than 81 million active customers and 190 markets.

Cons: Only in $ USD not in Rands. Pros: Can do subscription recurring payments.


Merchant Benefits: Secure, instant and irrevocable bank-to-bank payments. The merchant is only required to set up an account with Ozow and make the functionality available to consumers as a payment method.
Because it delivers real-time payments and invoicing to the merchant, a continuous workflow can be ensured that could result in more sales. Given that Ozow only takes a small percentage of each sale, none of the monthly or transaction fees typically associated with online gateways applies.
This means that fees will never outweigh profits. For small merchants trying to compete with bigger, well-established brands, this provides further impetus for growth. For Payment gateway users in South Africa.


Incorporate the 4 larger banks – Standard Bank, First National Bank, ABSA and Nedbank and is able to guarantee service levels and payment clearance times. Netcash charge a R450 setup fee, with a R160 per month retainer. Netcash charges R1 per transaction, plus 5% of the transaction value. Cons: monthly fee.
MonsterPay: Provides Rand and US Dollar credit card acceptance.  Acceptance of Instant EFT via SID and direct deposits are also provided for Rand. This service is unique to MonsterPay and no other payment gateway can provide Instant EFT facilities. To receive payments via MonsterPay will cost you 2.9% per transaction plus $0.30 USD for Dollars. For South African Rand transactions, it will cost you 2.9% per transaction, plus R2 ZAR. Pros: EFT and Credit Cards.

Netcash Shop

Netcash shop allows you to sell online from your own website or from any other location.

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Signup fee of $49USD is levied by 2CheckOut and a 5.5% commission on each transaction, along with a $0.45USD charge per transaction. With just a 5.5% and %.45USD charge per sale, no monthly, gateway or statement fees, 2CheckOut also makes it possible for customers to purchase products with PayPal, as well as the most popular online payment methods. 2CheckOut provides its clients with an easy to integrate payment gateway service, which will work with existing shopping carts and includes a range of comprehensive account management tools. Pros: Can do ZAR and subscription recurring payments.


Does not charge monthly fees – only per-transaction fees. Offering four types of accounts, Payfast is geared entirely towards payment processing for South Africa only.  Payfast does not require a client to register as a merchant with a South African bank. The Basic Account does not require you to have a South African Bank Account but, the Personal, Premier and Business accounts do. To receive funds, Payfast charges a minimum of 2% on an Instant EFT and PayFast Voucher transaction. For a credit card transaction, Payfast charges 4.9% of the transaction plus an extra R2, and 7% of the transaction amount on a Ukash transaction. Payouts cost R8,77 and all selling tools offered by Payfast are free to use. Payfast accepts payments from South African clients; by credit card and by UKash clients from all over the world. Pros: EFT, Credit Cards, Ukash easy user interface for online payments.


For South Africa it's all about convenience, simplicity and effectiveness. The current Payflex solution is not only simple to acquire and use but also easy for merchants to accept online payments. One service, one contract, no setup fees.


Modern online and offline payments for Africa

Paystack helps businesses in Africa get paid by anyone, anywhere in the world.

  • Card
  • Bank Account
  • Bank Transfer
  • USSD
  • Visa QR
  • Mobile Money

Paystack route payments through the most optimal channels, best transaction success rates in the market.



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