About Payfasta
Payfasta is a payment software from Payfasta that facilitates bill payments and tracking. It provides features such as buying electricity, buying internet data, paying TV subscriptions, purchasing airtime, and buying exam pins (Jamb, WAEC) so users can manage various payment needs efficiently. The platform includes a free Virtual Account with no additional costs, ensuring secure online payments for users. This makes it easier to stay organized and keep track of expenses related to essential services. Key capabilities: buy electricity buy internet data pay TV subscriptions buy airtime buy exam pins Best for: consumers and students that need a reliable solution for managing multiple bill payments.
Payfasta Details
Payfasta's In-App Market Place
Does Payfasta have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
NGN, USD
Pros & Cons
- Saves up to 20% on logistics costs by streamlining the payment process.
- Logistics providers are more likely to prioritize shippers who pay instantly via Payfasta.
- Eliminates the "paper trail" of manual invoices and bank transfer screenshots.
- Very high utility for logistics but limited features for standard retail businesses.
- The cost of "getting paid early" is a percentage of the invoice, which can eat into thin logistics margins.
- Requires vendors to be onboarded onto the platform, which can be a hurdle for small, independent truckers.