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2Checkout (Verifone)
Digital Goods
A global payment platform now owned by Verifone, with particular strength in digital goods and subscription billing. 2Checkout supports 45+ payment methods across 200+ countries with built-in tax management and localized checkout experiences. A solid choice for SaaS companies and digital product sellers needing global reach.
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PayFast
South African Market
South Africa's most popular payment gateway, now part of Network International, serving over 80,000 merchants. PayFast offers 18+ payment methods including cards, Instant EFT, and local options like Mobicred. The go-to payment solution for South African e-commerce businesses with easy integration and no monthly fees on the basic plan.
Visit PayFastDetailed Comparison
Side-by-side feature breakdown
3.5% + €0.30 to 6% + €0.50
2.9% + R1.50
5 Available
6 Available
16 Supported
8 Supported
When to Choose 2Checkout (Verifone)
Choose 2Checkout (Verifone) if you need features like Recurring Payments or Instant Sandbox, or your business operates in North America or Europe. With fees of 3.5% + €0.30 to 6% + €0.50, it's ideal for businesses focused on digital goods.
When to Choose PayFast
Choose PayFast if you need features like Instant Payments or Startup Friendly, or your business operates in Africa. With fees of 2.9% + R1.50, it's ideal for businesses focused on south african market.
Frequently Asked Questions
What is the difference between 2Checkout (Verifone) and PayFast?
2Checkout (Verifone) is best for digital goods, while PayFast is best for south african market. 2Checkout (Verifone) charges 3.5% + €0.30 to 6% + €0.50 and PayFast charges 2.9% + R1.50. They differ in supported features, regions, and payment methods.
Which is cheaper, 2Checkout (Verifone) or PayFast?
2Checkout (Verifone) charges 3.5% + €0.30 to 6% + €0.50 while PayFast charges 2.9% + R1.50. The best value depends on your transaction volume, business type, and required features. Compare their full fee structures for your specific use case.
Can I use both 2Checkout (Verifone) and PayFast together?
Yes, many businesses use multiple payment providers for redundancy, regional coverage, or to offer more payment methods. 2Checkout (Verifone) and PayFast can complement each other depending on your needs.
How do 2Checkout (Verifone) and PayFast differ in their focus?
2Checkout (Verifone) is a traditional payment provider, while PayFast focuses on regional solutions. This means they serve different market segments and may have different strengths.