Calculator / Compare
Payfast by Network vs Paystack
South Africa merchant fee comparison covering card rates, Instant EFT, payout speed, monthly platform fees, and typical store platforms.
Cheapest match at R50 000 / month (R1000 AOV, cards): Paystack
| Feature | Payfast by Network | Paystack |
|---|---|---|
| Card rate | 3.2% + R2 excl. VAT | 2.9% + R1 excl. VAT |
| Instant EFT | 2% or a minimum of R2 excl. VAT | 2% excl. VAT |
| Payout fee | R8.70 | R0.00 |
| Payout speed | Standard payout | 2 working days |
| Monthly fee | R0 | R0 |
| Est. monthly cost* | R 1 995,02 | R 1 725,00 |
| Platforms | WooCommerce, Shopify, Magento, Wix, Custom API | WooCommerce, Shopify, Custom API, Wix |
| Best for | No-code setups that need many payment methods. | SaaS, developer-first apps, and recurring billing. |
*Estimated card fees at R50 000 monthly volume and R1000 average order, including payout, monthly fees, and VAT where the provider excludes it. Rates checked 29 October 2026. Run your own numbers.
Apply with Payfast by Network
No-code setups that need many payment methods.
Apply with Paystack
SaaS, developer-first apps, and recurring billing.