VVektorIndex
Independent directory. VektorIndex is not affiliated with or sponsored by any listed vendor. All specifications are sourced from official vendor documentation.

Head-to-Head Specification Audit

Luno vs PayFast

Businesses Accepting Crypto Payments · South Africa

Cryptocurrency Exchange

Luno

Businesses Accepting Crypto Payments · South Africa

Visit Luno

Payment Processing API

PayFast

E-Commerce & SaaS Businesses · South Africa

Visit PayFast

Specification Matrix

MetricLunoPayFast
Starting PriceCustomBetterCustom
API Rate Limit100 req/minBetter60 req/min
Target CountrySouth AfricaSouth Africa
CategoryCryptocurrency ExchangePayment Processing API
ComplianceFSCA, FICA, POPIAPOPIA, PCI-DSS
Hosting RegionsZA, EUZA-Cape-Town, ZA-Johannesburg
Native Integrations2 listed6 listedBetter

Luno — Key Specs

  • FSCA-registered in South Africa
  • ZAR on/off ramp
  • API for business accounts
  • Supports BTC ETH XRP USDC
  • Trusted by 10M+ users in SA

PayFast — Key Specs

  • Only major payment gateway with POPIA-compliant ZA data residency by default
  • Supports EFT, credit card, Instant EFT, Mobicred, and SnapScan natively
  • No monthly fee — pay 2.0–3.5% per transaction only
  • Recurring billing API supports subscription SaaS models out of the box

Frequently Asked Questions

What is cheaper, Luno or PayFast?+

Both tools start at $0/mo on their entry plans.

Which tool is better for compliance — Luno or PayFast?+

Both support POPIA. Luno additionally supports FSCA, FICA. PayFast additionally supports PCI-DSS.

Is Luno or PayFast compliant with South Africa's POPIA?+

Both Luno and PayFast support POPIA compliance frameworks according to their official documentation.

Which has a higher API rate limit — Luno or PayFast?+

Luno has a higher API rate limit at 100 requests per minute. Luno: 100 req/min. PayFast: 60 req/min.

Which tool is better suited for South Africa?+

Luno is evaluated for Businesses Accepting Crypto Payments in South Africa with hosting regions: ZA, EU. PayFast has hosting regions: ZA-Cape-Town, ZA-Johannesburg. For data residency in South Africa, check each vendor's data processing agreements.

Data last verified: 25 June 2026

Is this your tool?

Claim or upgrade your VektorIndex listing

Get a Verified badge, add your own specs, and appear at the top of comparison pages.