PayFast Adds Bitcoin as a Payment Option

PayFast sellers can start accepting Bitcoin payments from local and international buyers. (Note that Bitcoin payments are currently in beta testing mode.) PayFast entered into an exciting partnership with South Africa’s biggest Bitcoin exchange, BitX, which will allow buyers to make Bitcoin payments to PayFast sellers. What makes this different from most Bitcoin platforms/transactions, is

PayFast to Expand in Africa

South African payment platform PayFast is exploring its options for launching in other African countries. HumanIPO reported earlier this month on Jonathan Smit, managing director at PayFast, speaking on credit card fraud in South Africa at the eCommerce Conference held in Sandton.Whereas in South Africa 80 to 85 per cent of the adult population is