Disturbing news from PayFast

[Glytch]

Vendors could create product categories and fill them with thousands of non-vape-related products that are all out of stock. That way vape-related products won't be their main source of business

#lateralthinking

 

[JakesSA]

Just for interest sake, the credit card issue is not a legal issue from the South African perspective at all, or not yet anyway, although Payfast seems to prefer to pose it as such. This comes down to Visa/Mastercard having rated the vaping industry as a "high risk sector". This may be either because of the amount of charge backs received (says the cynic in me) or the risk of sales of vaping goods to minors which in many parts of the world would now be illegal (as it always should have been). Body building stimulants etc. also fall in this category.

I know this because we applied for merchant accounts with 3 of the big banks in South Africa, and whilst the standard merchant "swipe your card" account posed no problem, all of them had the internet payment use of same merchant account declined by Visa/Mastercard who vet all merchant accounts to be used on the internet .. apparently.

There are overseas payment gateways who specialise in high risk transaction processing (and probably hide the source of the transaction from Visa/Mastercard), but they have very high transaction fees and no such institution exists in South Africa as far as I know.

Paypal could probably be used but once again the transaction fees are quite high.

 

[L30T3K]

Why not try Paypal.
I've already bought some vape gear locally and paid with my Paypal account, it's much easier to use and it would make the transaction process more secure(the customer doesn't have to use their card details on too many sites) and potentially easier.
Note: I'm just a consumer, not a shop owner...just offering some insight

 

[Zeki Hilmi]

I'm using VCS and it's working perfectly after payfast stopped my account. No problem at all.


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[JakesSA]

What bank are you with Zeki?

 

[Zeki Hilmi]

What bank are you with Zeki?

FNB @JakesSA

 

[Raindance]

Guys, I love buying online but with PayFast now forcing us to use the instant eft option, payment has become a pain in the butt. Not only the elaborate process but also because these systems never seem to sync up and verify payments without the need to submit verification requests and causing delays.

I know there are benefits for the vendor in terms of connecting orders to payments and so forth but I would rather just do an ordinary EFT and have the bank email confirmation directly to the vendor.

Ok, I know it is what it is, I just needed to vent...

Thanks for listening.

 

[Rob Fisher]

My last 4 transactions with the new system at different vendors has gone pretty smoothly... sometimes you have to ask the system to re-search and then it finds it a second time... I bank with FNB... yes having to fire up a second browser window and use your banking app is a pain but it does work for me anyway.

PS PayPal is way better!

 

[aktorsyl]

My last 4 transactions with the new system at different vendors has gone pretty smoothly... sometimes you have to ask the system to re-search and then it finds it a second time... I bank with FNB... yes having to fire up a second browser window and use your banking app is a pain but it does work for me anyway.

PS PayPal is way better!

Also zero issues for me - but I also bank with FNB.

 

[NielJoubert]

It's a shame I can't earn eBucks on all the Vape related purchases anymore


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