Payfast, South Africa’s answer to paypal launches
2008 August 26
Payfast, out of South Africa is a paypal like service. The site bill’s itself as a payment processing system and has already integrated with bid or buy.
For merchants payfast offers several ways to recieve money:
- Request Money: No coding or skills required
- Pay Now Button: Basic HTML skills required
- Website Payments: Using the API, Programming skills required
- Payment Data Transfer and Instant Transaction Notification provide additional reliability and enhanced security.
For personal users and shoppers, payfast offers a personal account which allows you to send up to R20,000. The most interesting feature it offers is EFT transfers rather then credit card payments, for people who have had problems making payments with paypal, payfast will be a good relief. The registration for the website is quick and easy as well.
Thanks to Eved for the tip
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