Payfast by Network: Listing, products and coverage

Q: Who is Payfast by Network?

Payfast by Network is an online payment gateway that enables South African merchants to accept card and electronic payments.

Q: What does Payfast by Network compete in?

Payfast by Network competes in: Financials / Diversified Financials / Diversified Financial Services / Payments.

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Topics covered: 9

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Tokenization

No article in the knowledge graph for Payfast by Network yet.

Who is Payfast by Network?

Payfast by Network is an online payment gateway that provides merchants with hosted and API-based facilities for processing card and electronic funds transfer payments in South Africa.

Online payment gateway for card and electronic payment acceptance
Hosted checkout pages and API integration for web and mobile commerce
Recurring billing and subscription payment management
Payment processing for South African merchants and e-commerce platforms
Merchant dashboard for transaction reporting and reconciliation

More About Payfast by Network

Payfast by Network operates in the digital payments segment, where payment gateways sit between merchant storefronts and acquiring banks or card networks. In enterprise environments, the service is typically positioned as a gateway layer that handles authorization, capture, settlement reporting, and payment method routing, so merchants do not need to build card processing infrastructure themselves.

Integration is generally achieved through hosted payment pages, server-to-server application programming interfaces, and prebuilt plugins for common content management and e-commerce platforms. Hosted approaches reduce the scope of cardholder data that a merchant handles, which supports alignment with Payment Card Industry Data Security Standard (PCI DSS) requirements. Tokenization of stored payment credentials supports recurring billing and repeat transactions.

Comparisons are most relevant to other regional and international payment gateway providers serving online merchants. Like other gateways in this category, the platform separates payment orchestration from the acquiring relationship, which allows development teams to change checkout experiences while retaining a consistent integration model.

Business significance centers on payment acceptance rates, checkout conversion, and operational reporting. For merchants in South Africa, support for local payment methods, including bank transfer and electronic funds transfer options, is a relevant consideration when assessing a gateway. Reconciliation features and transaction notifications help finance teams align settlement data with accounting systems.

Within directory positioning, Payfast by Network is associated with its current solution area of online payment processing and gateway services within the financial technology and payments domain. Its active product focus is merchant-facing payment acceptance, recurring payments, and transaction management rather than broader banking services.

Our description of Payfast by Network. Updated October 2026.

Market segments

Financials / Diversified Financials / Diversified Financial Services / Payments

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