PayFast co-founder returns to South African fintech
PayFast co-founder Jonathan Smit has returned to the payments industry, this time as the buyer rather than the entrepreneur, after acquiring iVeri Payment Technologies.
Smit became executive chair of iVeri in July 2025 and recently acquired...
Biggest Black Friday spenders in SA for 2023
There were several shoppers in South Africa who spent hundreds of thousands of rands during Black Friday 2023.
According to data from most major banks and big payment gateways, overall spending values and volumes on Black Friday itself declined or...
Payfast says 2023 Black Friday spending in SA more "strategic"
Online payment platform Payfast says South African shoppers were more strategic in their Black Friday purchases in 2023.
Payfast managing director Brendon Williamson explained experienced Black Friday enthusiasts approached the day...
Payfast owner pumping R500 million into South African platform
Payfast owner Network International has announced a R500 million investment to deploy processing capabilities in South Africa.
Its cloud-based, integrated payment suite for merchants, banks, fintechs and mobile network operators...
One Cyber Monday shopper in South Africa spent R200,000
One South African shopper has already spent R200,000 across four transactions on Cyber Monday deals, PayFast's Black Friday / Cyber Monday dashboard shows.
As of 15:00 on Monday, 28 November 2022, the biggest single transaction was...
Average South African Black Friday shopper spent R1,255
The average South African Black Friday basket spend was R1,255 this year, with one shopper spending R397,217 split over two transactions, PayFast has revealed.
The average spend is slightly higher than 2021's R1,208 per basket, and 70% of...
One South African Black Friday shopper has already spent nearly R400,000
PayFast's BFCM 2022 statistics portal is live, allowing users to track spending by South African shoppers over this year's Black Friday weekend and Cyber Monday.
Founded in 2007, PayFast has become one of South Africa's...
PayFast and PayGate appoint new managing director
Payment processing companies PayFast and PayGate have announced the appointment of Brendon Williamson as their new managing director.
The companies described Williamson as a veteran of the payments and ecommerce industry with more than 20...
Billions flowing into payment companies in South Africa
Competition in South Africa's payment gateway space is heating up as cash gradually becomes less popular, and more businesses head online to sell their goods and services.
South Africa has several payment gateway companies, some of which...
PayFast back online after major outage
PayFast is back online after being down for most of payday, the company has announced.
“On 25 April 2022, PayFast experienced technical difficulties at our data centre. This affected our services, including payment processing,” the company stated.
Using crypto to buy a cup of coffee in South Africa
MyBroadband could buy products like a cup of coffee and smartphone equipment using cryptocurrencies and without touching the South African banking system.
Cryptocurrencies had a tremendous run over the past two years, with prices breaching R1...
See how much South Africans are spending on Black Friday
Payfast's Black Friday/Cyber Monday online tracker is now live, revealing how much South Africans are spending on this year's sales.
Payfast is an online payment gateway that facilitates ecommerce payments. It currently serves more than...
PayFast founder Jonathan Smit resigns
After fourteen years at the helm of PayFast, Jonathan Smit says he is stepping down to prepare for a new chapter. His resignation is effective from the end of August.
Smit founded PayFast in 2007 with the vision to make ecommerce accessible to all South...
Big increase in beer, wine, and liquor online sales in South Africa
PayFast has released its new Ecommerce Performance Index (PEP Index) which revealed that beer, wine, and liquor was the fastest growing ecommerce category in South Africa.
The PEP Index researchers used payment and buyer data...
I wonder if this feature request would interest any other woocommerce shop owners: http://ideas.woocommerce.com/forums/133476-woocommerce/suggestions/36320923-add-gateway-fees-to-order
This image illustrates how it could look:
It can't be that hard to develop, so hopefully if enough people...
I'm starting an online store using Shopify. I want use Paygate or Payfast as my payment gateway, but I've read a lot of negative reviews about them, especially on Hellopeter. The problem is that is information is outdated by almost a decade.
Is there anyone who uses them or who has used them...
Hi everyone,
i was hoping someone could shed more light on this,
I have developed a marketplace website [People sign up to sell and users buy]
Currently - They pay me, goes into one account and then manually pay the vendors, which is not the best way to do things,
I have heard sage pay...
Hi,
I am trying to connect CiviCRM with my PayFast account through OmniPay (as suggested). However, the configuration is a bit tricky. Before sinking more hours into this, has anyone successfully integrated the two systems?
juro