PayFast is a FinTech licensed and regulated by the

State Bank of Pakistan.

It allows any business to receive online payments

from its customers through a variety of
methods, thereby ensuring more sales
conversions and growth.
PayFast believes in Pakistan becoming a cashless economy and
placing its name on the global fintech landscape.

We aim to help Pakistanis avail the benefits of digital payments

Digitizing Pakistan’s
and facilitate financial inclusion.
economy
To maximize growth, outreach by offering safe, easy to use and
reliable payment solutions Global Fintech

To achieve and surpass international standards

of compliance and ensure customer
Financial Inclusion
satisfaction
 0096241
Syed Arshad Raza
Chairman
PKR 350 Million
Syed Arshad Abrar
Director
Syed Adnan Ali Letter No.
CEO & Director PSD.PR/03(viii)/5707/21
Date: 21 May 2021
Chief Executive Chief Information Chief Compliance & Risk
Head of Business
Officer Officer Officer
Timely transactions A certified, secure A simple and clear
and optimal and complete online pricing model
settlement period payment solution
 PayFast Checkout PayFast Billing

An invoicing solution
Built for E-commerce that allows businesses
businesses. and organizations to
receive bill payments

Unique shareable Powered by UnionPay.

links for freelancers Tap & Pay payments for
and businesses without customers partner
websites. banks.

Payment Links Mobile Payments

More payment options lead to more sales
conversions!

Built for E-commerce Businesses

With checkout merchants can receive payments

through multiple payment options.
PayFast integrates with the world’s most popular
platforms
Add product Select PayFast. You Select your Enter your Enter OTP Your
to cart are then redirected to preferred personal transaction
the Checkout page payment details and is complete
method select “Make
Payment”
Receive payments without a website or landing page!

Payment Links allow you to send payment links to

12
3
45
6
your customers and receive payments securely and 78
9

seamlessly. This is specially designed for freelancers,

entrepreneurs and budding businesses.

You can send the links to your customers through: 12

3
45
6
78
9

Email WhatsApp Text message

Your payments are just a click away

Create a Share the invoice Your customer has to

customized invoice through SMS, Email or simply click the link and
for your customer WhatsApp pay using their preferred
payment method on our
Checkout page
PayFast Billing is a digital invoicing solution that
allows businesses and organizations to send and
receive bill payments instantly and seamlessly.

PayFast Billing offers businesses:

• Customizable invoices
• Individual & Bulk Invoices
• Holistic dashboard to track payments
• Reports & Analytics
• Automated alerts
• Multiple payment options for customers
PayFast has partnered with 1LINK for payments through 1BILL.

The partnership allows businesses to accept bill payments

through multiple options:

• Mobile Banking
• Internet Banking
• ATMs

Customers simply have to select PayFast or 1BILL on any of the

channels above and simply enter their Invoice Number or
Consumer ID

Or alternatively
• Over-The-Counter Locations & TCS Express Centers
 Login to PayFast Go to Create Select customer Add amount and Save & send
invoicing platform Invoice and invoice customize as per
reference ID or your requirements
add customer
groups
Receive bill through Login to your Select PayFast Select Bill and Transaction
SMS, WhatsApp or mobile banking or 1BILL invoice enter your amount is complete
Email application or options to initiate
internet transaction
banking portal
Receive bill through Head to your Select 1BILL in Enter your Make the payment
SMS, WhatsApp or nearest ATM Payment options relevant and complete the
email information transaction
PayFast is UnionPay International’s third party
service provider. Through this partnership, we
enable Cashless and Secure Tap & Pay and QR
payments for customers.

Applicable on the following banks

We are
are Certified
Certified

Fully licensed and regulated by

the State Bank of Pakistan

All of our transactions are screened through

our data-driven fraud and risk management
solution, Guardian, along with Transaction
Monitoring and Information Security teams
working round the clock to ensure the security of
your payments.
• Security Deposit as per business model

TRANSACTION SLABS (PKR) PER TRANSACTION CHARGES (PKR)

1 to 10,000/- 30/-
10,001/- to 100,000/- 60/-
100,000/- to 250,000/- 120/-
250,000/- to 1,000,000/- 200/-
1,000,001/- and Above 300/-

DETAILS MDR % (PER TRANSACTION)

Account And Wallet Based 2% + FED

Card Based (Local) 2.75%+ FED

Card Based (International) 3%+FED

 Payment Instrument Settlement Method Settlement Period
Inter Bank Funds Transfer T+2
Account Based Transactions (IBFT) into Merchant’s Bank
Account Two Banking Day

Inter Bank Funds Transfer T+3

Card Based Transactions (IBFT) into Merchant’s Bank
Account Four Banking Days
 Document Required as per Business Entity
Sole Proprietor Partnership Public/Private Ltd Company
Valid CNIC of business Owner Valid CNIC of all Partners Valid CNIC of all Directors

Business Registration Document Registered Partnership Deed

Memorandum & Article of Association
(NTN etc.) / Copy of Form C

Business Address Document Business Registration Document Form A (where required)

(Utility Bill) (NTN etc.) & Form 29

Business Address Document

Nil Business Registration Document (NTN etc.)
(Utility Bill)

Business Address Document

Nil Nil
(Utility Bill)

CNIC of all Authorized Person(s) by Trustees

Certificate of Registration

Trust Deed duly signed by all trustees

Resolution duly signed by Authorized Person(s)

Business Registration Document (NTN etc.)

Business Address Document (Utility Bill)

Valid CNIC of Authorized Person(s)

Gazette Notification

Duly signed Copy of Resolution

Request Letter on Letter Head from Authorized Person
Telephone Address Website
+92 21 Office # 7-B9, www.gopayfast.com
37132793 Fakhri Trade
Center SR 6/10,
Shahrah-e-
Liaquat New Challi,
Karachi, Pakistan Copyright | PayFast. All rights reserved