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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

PayFast vs Elliptic

E-Commerce & SaaS Businesses · South Africa

Payment Processing API

PayFast

E-Commerce & SaaS Businesses · South Africa

Visit PayFast

Crypto Compliance

Elliptic

Banks & Crypto Exchanges · Global

Visit Elliptic

Specification Matrix

MetricPayFastElliptic
Starting PriceCustomBetter$4167/mo
API Rate Limit60 req/min120 req/minBetter
Target CountrySouth AfricaGlobal
CategoryPayment Processing APICrypto Compliance
CompliancePOPIA, PCI-DSSFATF Travel Rule, OFAC, EU AMLD 6, FCA, MAS, AUSTRAC
Hosting RegionsZA-Cape-Town, ZA-JohannesburgUK-London, US-New York, AP-Singapore
Native Integrations6 listedBetter5 listed

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

Elliptic — Key Specs

  • Only crypto compliance platform trusted by both crypto companies AND banks
  • Holistic screening — wallet, transaction, and counterparty risk in one view
  • Coverage of 100+ blockchains including DeFi protocols
  • Elliptic Discovery — proactively identifies sanctioned crypto entities
  • Trusted by Santander, Barclays, ANZ, and 200+ financial institutions

Frequently Asked Questions

What is cheaper, PayFast or Elliptic?+

PayFast starts at $0/mo, which is lower than Elliptic at $4167/mo.

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

PayFast additionally supports POPIA, PCI-DSS. Elliptic additionally supports FATF Travel Rule, OFAC, EU AMLD 6, FCA, MAS, AUSTRAC.

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

PayFast supports POPIA compliance. Elliptic does not list POPIA as a supported framework.

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

Elliptic has a higher API rate limit at 120 requests per minute. PayFast: 60 req/min. Elliptic: 120 req/min.

Which tool is better suited for South Africa?+

PayFast is evaluated for E-Commerce & SaaS Businesses in South Africa with hosting regions: ZA-Cape-Town, ZA-Johannesburg. Elliptic has hosting regions: UK-London, US-New York, AP-Singapore. For data residency in South Africa, check each vendor's data processing agreements.

Data last verified: 10 July 2026

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