South Africa
Significant Figures Regarding SA
group
63 million
Population
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45.34 million
Online Population
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6%
E-commerce of Total Retail
The Greatest Payment Gateways South Africa for Businesses
South Africa’s digital economy is booming. Its e-commerce sphere keeps on progressing. Specialists forecast a surge to USD 74.79 billion by the year 2033. This makes dependable payment gateways essential for business owners.
If you desire to accept online payments on the website, you will need a powerful payment gateway South Africa. This page investigates the top payment gateways in South Africa, highlighting their features, security, and strong points for unhindered online transactions.
Payment Gateway: Concise Clarification
A payment gateway is a shielded service. It handles online transactions by authorizing payments between shoppers and merchants. Trustworthy gateways deliver countless payment methods in South Africa. This makes digital payments effective, encrypted, and seamless.
Avoid Ignoring Critical Factors When Picking a Payment Gateway in South Africa
When analyzing payment gateways in SA, pay huge attention to supported currencies, defense, fees (setup, annual, and transaction), client backing, and mobile compatibility. This ensures you will guarantee safeguarded and successful transactions for your business.
Yoco
| Category | Details |
|---|---|
| Compact Explanation | Yoco is a dependable payment gateway. Being one of the most fantastic paying apps in South Africa, it provides business owners with an effortless and shielded way to accept payments. |
| Proposed Services and Features | Smart card machines, integration with eCommerce platforms, POS systems, online payments |
| Requirements and Rules | A South African business, a bank account, a valid South African ID |
| Payment Variants | Visa, Mastercard, American Express, Instant EFT |
| Geographic Accessibility | SA |
| Accepted Currencies | South African Rand (ZAR) |
| Compact ExplanationYoco is a dependable payment gateway. Being one of the most fantastic paying apps in South Africa, it provides business owners with an effortless and shielded way to accept payments. | |
| Proposed Services and FeaturesSmart card machines, integration with eCommerce platforms, POS systems, online payments | |
| Requirements and RulesA South African business, a bank account, a valid South African ID | |
| Payment VariantsVisa, Mastercard, American Express, Instant EFT | |
| Geographic AccessibilitySA | |
| Accepted CurrenciesSouth African Rand (ZAR) |
Pros
- flexible pricing
- rapid fraud detection
- 7-day specialist support
- large network of card machines
Cons
- limited to businesses in SA
SnapScan
| Category | Details |
|---|---|
| Compact Explanation | SnapScan is a mobile payment solution based in SA. Being a trustworthy online payment company, SnapScan lets users carry out contactless payments with the assistance of QR codes. |
| Proposed Services and Features | Remote payments, QR code-based mobile payments, face-to-face payments, integration with online stores and POS systems, payment links |
| Requirements and Rules | A bank account, a registered business or an individual trader |
| Payment Variants | Credit and debit cards, SnapScan wallet balance |
| Geographic Accessibility | SA |
| Accepted Currencies | ZAR |
| Compact ExplanationSnapScan is a mobile payment solution based in SA. Being a trustworthy online payment company, SnapScan lets users carry out contactless payments with the assistance of QR codes. | |
| Proposed Services and FeaturesRemote payments, QR code-based mobile payments, face-to-face payments, integration with online stores and POS systems, payment links | |
| Requirements and RulesA bank account, a registered business or an individual trader | |
| Payment VariantsCredit and debit cards, SnapScan wallet balance | |
| Geographic AccessibilitySA | |
| Accepted CurrenciesZAR |
Pros
- instant confirmation
- simple to employ for business owners and shoppers
- broadly accepted in SA
Cons
- clients should install the SnapScan application to employ the payment method
Paypal
| Category | Details |
|---|---|
| Compact Explanation | Paypal is one of the well-liked companies that makes online payments simpler. Being one of the South African payment gateways, PayPal provides business owners and individuals with the capability to send, accept, and govern payments. |
| Proposed Services and Features | Integration with almost all eCommerce platforms, shielded online transactions, payment links |
| Requirements and Rules | A valid email address, business verification for merchant accounts |
| Payment Variants | Credit/debit cards, PayPal balance, bank transfers |
| Geographic Accessibility | Accessible in more than 200 nations and regions |
| Accepted Currencies | Upholds over 25 currencies |
| Compact ExplanationPaypal is one of the well-liked companies that makes online payments simpler. Being one of the South African payment gateways, PayPal provides business owners and individuals with the capability to send, accept, and govern payments. | |
| Proposed Services and FeaturesIntegration with almost all eCommerce platforms, shielded online transactions, payment links | |
| Requirements and RulesA valid email address, business verification for merchant accounts | |
| Payment VariantsCredit/debit cards, PayPal balance, bank transfers | |
| Geographic AccessibilityAccessible in more than 200 nations and regions | |
| Accepted CurrenciesUpholds over 25 currencies |
Pros
- trusted brand
- powerful security and fraud defense
- handy interface
Cons
- complicated to set up and govern in SA
Payfast
| Category | Details |
|---|---|
| Compact Explanation | PayFast is one of the South African payment gateways. It enables online merchants to accept payments through miscellaneous methods. |
| Proposed Services and Features | Instant EFT and card payments, shielded online payment processing, integrations with e-commerce platforms |
| Requirements and Rules | A registered South African business, a valid bank account |
| Payment Variants | Credit & debit cards, Instant EFT, QR code payments, Mobicred, SCode, and others |
| Geographic Accessibility | SA |
| Accepted Currencies | South African Rand |
| Compact ExplanationPayFast is one of the South African payment gateways. It enables online merchants to accept payments through miscellaneous methods. | |
| Proposed Services and FeaturesInstant EFT and card payments, shielded online payment processing, integrations with e-commerce platforms | |
| Requirements and RulesA registered South African business, a valid bank account | |
| Payment VariantsCredit & debit cards, Instant EFT, QR code payments, Mobicred, SCode, and others | |
| Geographic AccessibilitySA | |
| Accepted CurrenciesSouth African Rand |
Pros
- access to numerous payment methods
- rapid transactions
- simple to utilize
Cons
- paygate fees are not the cheapest
Zapper
| Category | Details |
|---|---|
| Compact Explanation | Zapper represents an online payment variant based on the utilization of QR codes. Also, it is probably the best payment gateway for Shopify South Africa. |
| Proposed Services and Features | Instant payment processing, QR code integration, seamless e-commerce platform integration, cash-flow financing |
| Requirements and Rules | Business registration, compatible website or e-commerce platform |
| Payment Variants | Credit and debit cards, bank transfers |
| Geographic Accessibility | South Africa, Australia, Sweden, etc. |
| Accepted Currencies | USD, AUD, ZAR, and more |
| Compact ExplanationZapper represents an online payment variant based on the utilization of QR codes. Also, it is probably the best payment gateway for Shopify South Africa. | |
| Proposed Services and FeaturesInstant payment processing, QR code integration, seamless e-commerce platform integration, cash-flow financing | |
| Requirements and RulesBusiness registration, compatible website or e-commerce platform | |
| Payment VariantsCredit and debit cards, bank transfers | |
| Geographic AccessibilitySouth Africa, Australia, Sweden, etc. | |
| Accepted CurrenciesUSD, AUD, ZAR, and more |
Pros
- affordable transaction fees
- speedy payment handling
- protected payment options
Cons
- there is a need to install the Zapper application
Mobicred
| Category | Details |
|---|---|
| Compact Explanation | Mobicred is one of South African-based online payment platforms. It allows customers to shop online and pay in installments. |
| Proposed Services and Features | Effortless payment for expensive products, instant approval process, integration with South African e-commerce websites |
| Requirements and Rules | Valid ID, bank account, good credit history |
| Payment Variants | Pick any of the supported payment gateways and then activate Mobicred in your payment variants |
| Geographic Accessibility | SA |
| Accepted Currencies | South African Rand (ZAR) |
| Compact ExplanationMobicred is one of South African-based online payment platforms. It allows customers to shop online and pay in installments. | |
| Proposed Services and FeaturesEffortless payment for expensive products, instant approval process, integration with South African e-commerce websites | |
| Requirements and RulesValid ID, bank account, good credit history | |
| Payment VariantsPick any of the supported payment gateways and then activate Mobicred in your payment variants | |
| Geographic AccessibilitySA | |
| Accepted CurrenciesSouth African Rand (ZAR) |
Pros
- rapid approval procedure
- an extensive range of supported online stores in SA
- no interest if paid within the term
Cons
- the need to pass the Mobicred credit procedure before carrying out a purchase
Netcash
| Category | Details |
|---|---|
| Compact Explanation | Netcash is one of the leading payment providers South Africa. It offers effective solutions for business holders to payments over the Internet. |
| Proposed Services and Features | E-commerce integration, subscription billing, split payments, retail payments |
| Setup Fee | Varies |
| Requirements and Rules | A registered business in SA and a valid bank account |
| Payment Variants | Credit cards, Instant EFT, debit cards, direct bank transfers |
| Geographic Accessibility | SA |
| Accepted Currencies | ZAR |
| Compact ExplanationNetcash is one of the leading payment providers South Africa. It offers effective solutions for business holders to payments over the Internet. | |
| Proposed Services and FeaturesE-commerce integration, subscription billing, split payments, retail payments | |
| Setup FeeVaries | |
| Requirements and RulesA registered business in SA and a valid bank account | |
| Payment VariantsCredit cards, Instant EFT, debit cards, direct bank transfers | |
| Geographic AccessibilitySA | |
| Accepted CurrenciesZAR |
Pros
- popular payment provider
- dependable payment handling
- effortless integration
Cons
- restricted to South Africa
Ozow
| Category | Details |
|---|---|
| Compact Explanation | Ozow is considered one of the helpful online payment platforms South Africa. This payment gateway ensures momentary EFT payments for online merchants. |
| Proposed Services and Features | Instant EFT payments, refunding payments, integrations with shopping carts |
| Requirements and Rules | A South African business bank account, site or mobile application for integration |
| Payment Variants | EFT (Electronic Funds Transfer) from participating South African banks |
| Geographic Accessibility | SA |
| Accepted Currencies | ZAR |
| Compact ExplanationOzow is considered one of the helpful online payment platforms South Africa. This payment gateway ensures momentary EFT payments for online merchants. | |
| Proposed Services and FeaturesInstant EFT payments, refunding payments, integrations with shopping carts | |
| Requirements and RulesA South African business bank account, site or mobile application for integration | |
| Payment VariantsEFT (Electronic Funds Transfer) from participating South African banks | |
| Geographic AccessibilitySA | |
| Accepted CurrenciesZAR |
Pros
- upholds multiple banks
- simple to integrate
- safeguarded transactions
Cons
- payment variants restricted to EFT
Payflex
| Category | Details |
|---|---|
| Compact Explanation | Payflex is one of the useful online payment methods in South Africa. It allows shoppers to split their purchases into four interest-free installments. |
| Proposed Services and Features | Integration with eCommerce platforms, BNPL with four equal installments without interest |
| Requirements and Rules | A registered business in South Africa, a valid eCommerce store or online platform |
| Payment Variants | Debit and credit cards (Visa & Mastercard) |
| Geographic Accessibility | South Africa |
| Accepted Currencies | South African Rand |
| Compact ExplanationPayflex is one of the useful online payment methods in South Africa. It allows shoppers to split their purchases into four interest-free installments. | |
| Proposed Services and FeaturesIntegration with eCommerce platforms, BNPL with four equal installments without interest | |
| Requirements and RulesA registered business in South Africa, a valid eCommerce store or online platform | |
| Payment VariantsDebit and credit cards (Visa & Mastercard) | |
| Geographic AccessibilitySouth Africa | |
| Accepted CurrenciesSouth African Rand |
Pros
- interest-free installment payments
- effortless integration with miscellaneous eCommerce platforms
- flexible payment options
Cons
- merchants are charged a transaction fee
- there is a need to have a Payflex account
PayGenius
| Category | Details |
|---|---|
| Compact Explanation | For those searching for PayPal alternatives South Africa, PayGenius is a strong alternative . The company specializes in delivering revolutionary solutions to handle shielded payments online. |
| Proposed Services and Features | Multi-currency processing, single and recurring payments, developer-friendly API |
| Requirements and Rules | The need to register as a PayGenius merchant |
| Payment Variants | Credit cards, debit cards, Instant EFT, PayGenius wallets |
| Geographic Accessibility | South Africa |
| Accepted Currencies | ZAR, EUR, USD, GBP, and more |
| Compact ExplanationFor those searching for PayPal alternatives South Africa, PayGenius is a strong alternative . The company specializes in delivering revolutionary solutions to handle shielded payments online. | |
| Proposed Services and FeaturesMulti-currency processing, single and recurring payments, developer-friendly API | |
| Requirements and RulesThe need to register as a PayGenius merchant | |
| Payment VariantsCredit cards, debit cards, Instant EFT, PayGenius wallets | |
| Geographic AccessibilitySouth Africa | |
| Accepted CurrenciesZAR, EUR, USD, GBP, and more |
Pros
- powerful support
- flexible currency variants
- no concealed fees
Cons
- lesser-known provider
FAQ
Which payment variant is accessible in South Africa?
Several modes of payment are accessible in South Africa, including credit/debit cards, EFT, and others.
Which payment gateway is best in Africa?
The best payment gateway in Africa depends on the region and concrete business needs. Yet, well-liked variants include Payfast, Yoco, and SnapScan.
