Payfast by Network fees in South Africa
Payfast’s aggregation pricing is 3.2% plus R2 on cards, and 2% on Instant EFT with a minimum of R2. Both are excluding VAT. A standard payout is R8.70 excluding VAT. There is no monthly fee. Merchants averaging over R50,000 a month for three months can ask for custom pricing.
Rates checked 29 October 2026. Provider pricing page
| Card rate | 3.2% + R2 excl. VAT |
|---|---|
| Instant EFT | 2% or a minimum of R2 excl. VAT |
| Payout fee | R8.70 excl. VAT |
| Payout speed | Standard payout |
| Monthly fee | R0 |
| Est. card cost at R50 000 | R 1 995,02 |
| Est. Instant EFT cost at R50 000 | R 1 190,02 |
| Platforms | WooCommerce, Shopify, Magento, Wix, Custom API |
| Best for | No-code setups that need many payment methods. |
The payout fee is charged on each withdrawal. The sample cost below uses a weekly payout. An immediate payout is a different product: 0.8% excluding VAT, with a R14 minimum.
Sample costs use a R1 000 average order and include payout and monthly fees. Confirm the live rate with the provider. Run your own numbers.