Choose PayFast if
You need many online payment methods in one place, including Instant EFT, cards, QR and alternative payments.
Summary
Choose Yoco if
You already use Yoco card machines, want one dashboard for online and offline sales, and mainly need card payments or payment links.
The key trade-off
Yoco has a clean setup and no payout fee in this model, but it is card-centric. PayFast covers more online methods but can be more expensive for many merchants.
Comparison Table
| Factor | PayFast | Yoco Online |
|---|---|---|
| Best fit | Online stores needing broad payment methods | Omnichannel merchants |
| Card pricing signal | 3.2% + R2.00 | 2.55% - 2.95% online signal |
| Instant EFT | Yes | Not a traditional Instant EFT gateway |
| Payout fee | R8.70 excl. VAT in this model | R0 standard in this model |
| Physical card machines | No core hardware offering | Strong Yoco ecosystem |
FAQ
Is Yoco cheaper than PayFast?
For card-heavy merchants, Yoco can be cheaper, especially as volume improves. But Yoco is not a traditional Instant EFT gateway.
Is PayFast better for online-only stores?
PayFast can be better when you need many payment methods quickly. It may not be the lowest-cost option.
Can I use Yoco and Ozow together?
Yes. Many merchants can benefit from pairing a card-first gateway with a bank-payment/EFT option.
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