Secure online payments with Capitec Pay

Capitec Pay helps drive revenue by reducing failed payments, which lead to abandoned carts. Our enhanced user payment experience lets our clients make easy, fast and safe online payments with payment providers and their merchants without entering their bank card details or sharing their banking login information, putting them in control.

Interested in becoming a Capitec Pay payment provider?

What is Capitec Pay?

Capitec Pay is SA's first bank-endorsed simple and secure payment initiation API solution in market. It is based on open banking principles in accordance with the PSD2 standards, a European regulation for electronic payment services.

The API enables third-party providers to securely initiate payment requests from our clients while allowing them to choose the account they want to pay from and authenticate the payment safely through our banking app.

Key features

Benefits

• Improved checkout completion rates: Capitec Pay provides clients with a secure and convenient payment experience through our app, allowing you to increase your conversation rates
• New audience reach: Access to our actively growing digital client base (11+ million as of March 2023)
• Simplified API integration: Our integration process is easy and fast
• Rich data: Detailed error messages allow you to better interact with your customers on the front-end
• Less risk: Payment providers don't need to store sensitive information, lowering the risk of being targeted by fraudsters
• Lower cost: Capitec Pay is more cost-effective than card payments. Our commission fees start at 0.7% of the transaction amount and can get as low as 0.55% based your monthly total transaction values. For transactions over R1 000, the commission fee is capped starting at R7 and goes as low as R5.50
• Broader acceptance: By offering maximum capped fees on commission rates for payments accepted above R1000 it makes Capitec Pay acceptable to a broader range of business and use-cases