Instant EFT by PayFast makes inter-bank online payments quick and convenient. Immediate verification and notification of payments means no two day wait and no need for customers to send in proof of payments. Trust the market leader with your online payments.
More flexibility to access more buyers
Customers have the option to have the payment created automatically or to load the payment themselves through their preferred banking portal.
8 South African banks supported
Instant EFT is supported by Capitec Bank, FNB, Standard Bank, Absa, Nedbank, Investec, Tymebank and African Bank.
Trusted by customers
Instant EFT attracts a loyal and well-established user base. Instant EFT is also powered by PayFast, a PCI DSS Level 1 Service Provider.
Online and mobile payment friendly
Instant EFT payments can be made on any browser and most smart mobile devices.
No need to install special software.
Customers select their payment method and choose their bank account.
The customer then enters their internet banking login details and the type of account of which the payment should be made and click the submit button.
Customers then confirm their payment with their bank to complete the transaction.
The payment is complete. The transaction will show in your PayFast account and the customer will be notified of the successful payment.
In addition to Instant EFT payments, your PayFast account allows you to accept a range of payment methods, such as credit cards, Masterpass, debit cards, mobicred, Zapper and SCode. Activate these payment methods to reach even more customers and increase sales.
Because PayFast is compatible with over 80 shopping cart platforms, integration into your website is quick and easy. Our support team is happy to help you with your integration queries.