VVektorIndex
Independent directory. VektorIndex is not affiliated with or sponsored by any third-party vendor. (VektorIndex's own developer tools are also listed, identified by name.) All specifications are sourced from official vendor documentation and are not independently audited.
Note: Luno (Cryptocurrency Exchange) and PayFast (Payment Processing API) are in different software categories. This comparison may be relevant if you are evaluating them for overlapping use cases. For same-category comparisons, browse Cryptocurrency Exchange tools.

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 Price$0/moTie$0/moTie
API Rate Limit100 req/minBetter60 req/min
Target CountrySouth AfricaSouth Africa
CategoryCryptocurrency ExchangePayment Processing API
Compliance (vendor-stated)FSCA, FICA, POPIAPOPIA, PCI-DSS
Hosting RegionsZA, EUZA-Cape-Town, ZA-Johannesburg
Native Integrations2 listed6 listedBetter

Luno — Key Specs

Vendor-stated
  • 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

Vendor-stated
  • 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

Which is lower-priced, Luno or PayFast?+

Both tools start at Free plan available on their entry plans.

Which compliance frameworks do Luno and PayFast list?+

Both list POPIA in their vendor documentation. Luno additionally lists FSCA, FICA. PayFast additionally lists PCI-DSS. These are vendor-stated frameworks. VektorIndex has not independently audited these claims.

Does Luno or PayFast list POPIA as a supported compliance framework?+

Luno lists POPIA (Protection of Personal Information Act) as a supported compliance framework per its vendor documentation. VektorIndex has not independently verified this claim. South African organisations should request the vendor's current Data Processing Agreement and confirm data residency settings before processing personal information. PayFast lists POPIA (Protection of Personal Information Act) as a supported compliance framework per its vendor documentation. VektorIndex has not independently verified this claim. South African organisations should request the vendor's current Data Processing Agreement and confirm data residency settings before processing personal information.

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

Luno has a higher documented API rate limit at 100 req/min versus PayFast at 60 req/min.

Which data hosting regions do Luno and PayFast support?+

Luno lists hosting regions: ZA, EU. PayFast lists hosting regions: ZA-Cape-Town, ZA-Johannesburg. For data residency requirements in South Africa, confirm exact region configuration directly with each vendor.

Data last updated: 29 August 2026Sourced from official vendor documentation. Not independently audited. Report incorrect information

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