Payflex lets shoppers in South Africa split purchases into interest-free instalments while merchants receive payment upfront. Pay in 2 collects half immediately and the rest later; Pay in 3 takes the first instalment upfront and divides the balance across two paydays; Pay in 4 takes the first payment upfront and debits three more every two weeks over six weeks. Pay Now is also available. In participating stores, shoppers can scan a checkout QR code in the app and choose a plan. Merchants can integrate WooCommerce, Shopify, Magento V1 or V2, OpenCart, or a custom site through the Payflex API. Hosted redirect and embedded iFrame checkout options are documented. Payflex says it operates only within South Africa. Shoppers must be over 18, live there, hold a South African ID and Visa or Mastercard card, and have a good credit history. Spending limits depend on an individual assessment. Pricing is on request and there is no free plan.
Who it is for
It suits South African shoppers seeking instalment payments and merchants wanting online or in-store payment options with upfront settlement.
What is good
- Multiple instalment schedules
- Merchants receive payment upfront
- QR-code in-store checkout
- Integrations for major commerce platforms
- Hosted and embedded checkout options
What to know first
- Available only in South Africa
- Pricing is available on request
- Eligibility requires a good credit history
- Late-payment fees may apply
Verdict
Payflex combines consumer instalments with merchant integrations and upfront settlement. Its South Africa-only availability, eligibility requirements, assessed spending limits, and possible late fees should be checked first.
Compared on buy now, pay later platforms
- Free plan
- No
- Checkout channels
- omnichannel
- Repayment terms
- Pay in 2 over 2 paydays; Pay in 3 over 3 paydays; Pay in 4 over 6 weeks; Pay Now in one payment
- Merchant platforms
- Shopify; Magento; WordPress WooCommerce; custom websites via API
- Consumer regions
- South Africa
- Merchant dashboard
- Yes
