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PayFast and Xero partner to include South African payments

By in Business, Economy, Finance on June 22, 2016

As a leading online payment service provider, PayFast offers merchants the ability to receive funds via a variety of payment methods including credit cards, debit cards, Instant EFT and mobicred.

Xero has fast become a leader in the online accounting arena with a particular focus on small businesses.

The significant growth of e-commerce and strong SME market in South Africa, makes Xero a natural fit to add to PayFast’s extensive list of over 70 integrated platforms.

Customer centric businesses are the name of the game, and technology is offering more ways to create a positive customer experience. It is no surprise that businesses are looking for more ways to streamline their systems and offer more convenience to customers.

Connecting PayFast and Xero does just that by allowing a “pay now” link to be included on any invoice. Customers can immediately settle invoices creating a quick and seamless experience. Small businesses get paid faster with the added benefit of no longer needing to manually reconcile invoice payments.

“Xero is one of the leading cloud based accounting platforms used by hundreds of thousands of small businesses around the world. We wanted to make it even more useful for South African businesses, by providing local payment options. Through integrating our great services, Xero and PayFast now provide a best of breed and locally relevant accounting, invoicing and payment solution for small businesses in South Africa” says Jonathan Smit, Founder and Managing Director of PayFast.

“Having freshly launched in South Africa we’re thrilled to now welcome PayFast – an innovative local business, to our growing ecosystem of third party tools,” comments Gary Turner, Xero MD EMEA.”South African small businesses will have access to an easy and secure payments processing service that is seamlessly integrated within their accounting software.”

With the recent official launch of Xero in South Africa, PayFast is looking forward to a partnership of continued support for the SME market.