Network International's payment businesses will now be integrated under Payfast, creating the largest payments services provider in Southern Africa. Picture: Payfast
In 2007, two self-proclaimed"technophiles", Jonathan Smit and Andy Higgins, developed a payments platform that started with humble ambitions of helping small businesses receive payments from online shoppers. It was initially a tiny one-man startup, with Higgins providing the financial backing. Five years later, it bought the global e-commerce platform Shopify. And over a decade later, it was servicing 80 000 businesses.
By that time, Payfast had already caught the attention of African payments giant, the DPO Group, which acquired the local fintech firm in 2019.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
_Business Amazing payment gateway well done fellas 👏 👏