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Payment Gateway Summary

The list of payment gateways below is not comprehensive, but simply a guide to some of the South African payment gateways available. These are listed in no particular order. The prices below are an indication so please visit the site of each payment gateway for the latest prices.

Iveri

Monsterpay previously Setcom

Sage Netcash

Price

Price

Price

  • Once-off setup R 1200.00
  • R 385.00 pm
  • 2.50% monthly commission on all credit cards processed
  • Extra fees may apply
  • Receive Payments 4.5% + R2.00 for South African Rand
  • Make Payments – Free
  • Monthly fee – Free
  • Setup fee – Free
  • Extra fees may apply
  • Once-off setup R 1200.00
  • R 385 pm
  • 2.50% monthly commission on all credit cards processed
  • Extra fees may apply

Nice to know

  • Part of Nedbank
  • No debit cards
  • Maestro and Visa Electron debit cards cannot be used on the internet
  • Visa works
  • Mastercard works
  • Diners Club works, but costs more
  • American Express works but costs more
  • You need to create own shop website

Nice to know

  • Free Shopping cart
  • Free fraud protection
  • Visa works
  • Mastercard works
  • Offers SID (Instant EFT)

Nice to know

  • No debit cards
  • No Diners Club
  • American Express
  • Offers other facilities like debit order processing

 

PayFast Secure online payment processing

Virtual Card Services

At MyGate we help thousands of merchants accept payments online

Price

Price

Price

(www.vcs.co.za)

  • Once-off setup FREE
  • Monthly fee FREE
  • Receiving funds
    • Instant EFT 2.0% (minimum R2.00)
    • Credit Cards 3.9% (plus R2.00)
    • Ukash 7.0% (minimum R2.00)
    • Payout to bank account R 8.77
  • Extra fees may apply
  • Prices Ex. VAT
  • Once-off setup – Not during test phase
  • Monthly fee – Minimum from  R145+VAT
  • Authorisation Fee: R 0.50c per authorisation
  • Settlement Fee: R 0.50c + 0.5% of the value of the transaction
  • The maximum value (ceiling) of the % fee is R 4.00
  • Extra fees may apply
  • Once-off setup R250
  • Monthly fee FROM R250
  • R1.80 per transaction (depending on transactions)
  • Extra fees may apply
  • Prices Ex. VAT

Nice to know

  • No debit cards
  • Visa works
  • Mastercard works
  • Other payment methods
    • Instant EFT
    • Mimomey
    • Ukash
  • Reduced fees for accepting donations

Nice to know

  • No debit cards
  • Visa works
  • Mastercard works
  • Diners Club works, but costs more
  • American Express works but costs more
  • Other payment methods
    • Std Bank autopay
    • FNB cell paypoint
    • PayD
    • SID

Nice to know

  • No debit cards
  • Visa works
  • Mastercard works
  • Diners Club works, but costs more
  • American Express works, but costs more
  • Other payment methods
  • Includes minimum 138 FREE transactions per month
  • Reduced fees for accepting donations

Paygate Value-adding client experiences from the leaders in online payments

Price

Paygate pricing is only available on request and hence not published here. You can request their prices here on their website.

Nice to know’s

  • Debit cards works via payD
  • Visa works
  • Mastercard works
  • American Express works
  • Diners Club works
  • Other payment methods
    • SID Instant EFT
    • Ukash
  • You need your merchant account