PayFast is an online payment gateway that allows merchants to accept payments via credit cards, bank transfers, and e-wallets. It is one of the most popular payment processors in South Africa, and it also works with WooCommerce.
PayFast offers a variety of features that make it a good choice for online businesses, including:
- Security – PayFast uses SSL encryption to protect your data, and it is PCI DSS compliant.
- Ease of use – PayFast is easy to set up and use, even for businesses that are new to online payments.
- Flexibility – PayFast offers a variety of payment options, including credit cards, bank transfers, and e-wallets.
- Customer support – PayFast has a dedicated team of customer support agents who are available to help you with any problems you may have.
Overall, PayFast is a good choice for businesses that want to accept online payments. It is easy to use and offers a variety of payment options.
PRO TIP: If you are considering using PayFast with WooCommerce, be aware that there are some potential risks involved.
First of all, PayFast is not an official WooCommerce payment gateway. This means that it is not subject to the same security and quality standards as other WooCommerce-compatible payment gateways.
Secondly, PayFast is not currently compatible with the latest version of WooCommerce (3.0). This means that if you upgrade to WooCommerce 3.0, you will not be able to use PayFast as your payment gateway.
Finally, PayFast charges transaction fees of 2.9% + $0.30 per transaction. This is higher than the standard transaction fee charged by most other payment gateways (which is typically around 2.5% + $0.30 per transaction).
For these reasons, we recommend that you carefully consider whether using PayFast with WooCommerce is right for your business. If you have any questions or concerns, please feel free to contact our support team for more information.
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