What is a Payfast payment gateway?

03 May 2023 By PAYCEC

PayFast supports various payment options, including credit and debit cards, instant EFT, and Masterpass, and can be integrated with plugins available for popular platforms like WooCommerce, Shopify, and Magento. The simple integration with popular e-commerce makes PayFast a convenient and user-friendly payment gateway.

However, some users have reported that the payout time of Payfast can be slow, taking up to five business days to transfer funds to the merchant's account. Another disadvantage comes from Payfast's dispute resolution process, which can take longer than expected and may result in unfavorable outcomes.

If you are looking for an alternative to Payfast, PayCEC may be a better option for several reasons. Firstly, PayCEC offers faster payout times, with funds typically transferred to the merchant's account within 24 hours. Additionally, PayCEC offers an efficient dispute resolution process designed to resolve issues quickly and fairly, helping merchants avoid prolonged disputes.

PayCEC believes in simplifying the payment process for merchants while ensuring top-notch fraud prevention and authentication measures are in place. Using PayCEC, you can offer your clients a convenient and affordable solution that doesn't break the bank. Our cutting-edge Tokenization and 3D Secure systems guarantee seamless transactions across devices, 24/7. Join us to wave goodbye to those pesky operating costs and focus on growing your business.

Read more:

Types of payment gateway.

Benefits of online payment gateway.

Online payment gateway list in the world.

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We are honored to serve as your reliable business partner and financial service provider in the industry and other business-related services. With the help of our professional staff, to help merchants to achieve their goals for the development and expansion of the international business market.

Our payment flow has developed in the e-commerce world to perform seamlessly and effectively across all platforms and devices. We take pleasure in combining technology with customer service, to solve your concerns at the moment.

PayCEC is a fully worldwide payment network that not only allows merchants to be paid immediately and securely, but also allows them to withdraw money in multiple currencies to their company accounts.

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