Calculator / Compare
Payfast by Network vs Peach Payments
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): Peach Payments
| Feature | Payfast by Network | Peach Payments |
|---|---|---|
| Card rate | 3.2% + R2 excl. VAT | 2.95% + R1.5 excl. VAT |
| Instant EFT | 2% or a minimum of R2 excl. VAT | 1.5% + R1.5 excl. VAT |
| Payout fee | R8.70 | R0.00 |
| Payout speed | Standard payout | Next business day |
| Monthly fee | R0 | R0 |
| Est. monthly cost* | R 1 995,02 | R 1 782,50 |
| Platforms | WooCommerce, Shopify, Magento, Wix, Custom API | WooCommerce, Shopify, Custom API |
| Best for | No-code setups that need many payment methods. | SME stores on the Growth plan, with free daily settlement. |
*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 Peach Payments
SME stores on the Growth plan, with free daily settlement.