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Payflex

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What Payflex is

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 suits

It suits South African shoppers seeking instalment payments and merchants wanting online or in-store payment options with upfront settlement.

What it does well

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

Limits

Payflex has no free plan, and pricing is provided on request. Shopper spending limits depend on an individual assessment; late-payment default fees are R95 for Pay in 2 and Pay in 4, and R125 for Pay in 3, with stated caps for Pay in 2 and Pay in 4.

Getting started

Open the Payflex website
Install the Payflex app on Android, iOS, or Huawei AppGallery, or use the web service
For a merchant, connect WooCommerce, Shopify, Magento, OpenCart, or a custom site through the API
Choose hosted redirect or embedded iFrame checkout for developer integration
Select Pay in 2, Pay in 3, Pay in 4, or Pay Now at checkout

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.

Questions

Where does Payflex operate?

Payflex currently operates only within South Africa, and its listed consumer region is South Africa.

What payment schedules are available?

Pay in 2 uses two paydays, Pay in 3 uses three paydays, Pay in 4 runs over six weeks, and Pay Now is also listed.

Which merchant platforms integrate with Payflex?

WooCommerce, Shopify, Magento V1 and V2, and OpenCart are listed. Custom-built websites can connect through the Payflex API.

What does a shopper need to use Payflex?

The shopper must be over 18, live in South Africa, have a South African ID, a Visa or Mastercard debit or credit card, and a good credit history.

Does Payflex have a free plan?

No. Payflex is a paid service, with pricing available on request.

Facts from Payflex's own pages

App platforms: Payflex offers its free app for Android, iOS, and Huawei AppGallery. · qr.payflex.co.za, 8 Oct 2026
Checkout integrations: The developer documentation describes hosted redirect checkout and embedded iFrame checkout options. · docs.payflex.co.za, 8 Oct 2026
Company founding: LinkedIn lists Payflex as founded in 2018. · za.linkedin.com, 8 Oct 2026
Company headquarters: Payflex lists its head office at 3rd Floor, Building 3, Commerce Square, 39 Rivonia Road, Sandhurst, Johannesburg, Gauteng, 2196. · payflex.co.za, 8 Oct 2026
Developer checkout: The developer documentation describes hosted checkout by redirect and an embedded iFrame option. · docs.payflex.co.za, 8 Oct 2026
Eligibility: The support page says shoppers need to be over 18, live in South Africa, have a South African ID, a Visa or Mastercard debit or credit card, and a good credit history. · payflex.co.za, 8 Oct 2026
Headquarters: Sandton, Johannesburg, Gauteng, South Africa · payflex.co.za, 28 Sept 2026
In-store shopping: Shoppers can use the Payflex app to scan a checkout QR code and choose a payment plan in participating stores. · payflex.co.za, 8 Oct 2026
In-store use: Merchants can integrate Payflex online or let shoppers pay in store through the Payflex app. · payflex.co.za, 8 Oct 2026
Integrations: Payflex lists WooCommerce, Shopify, Magento V1 and V2, and OpenCart, and says custom-built sites can use its API. · payflex.co.za, 8 Oct 2026
Late payment fees: The support page lists default fees of R95 for Pay in 2 and Pay in 4 and R125 for Pay in 3, with stated caps for Pay in 2 and Pay in 4. · payflex.co.za, 8 Oct 2026
Merchant fees: A Payflex merchant page says there are no setup or other transaction fees and merchants do not pay additional card fees on Payflex transactions. · payflex.co.za, 8 Oct 2026
Merchant integrations: The merchant page lists WooCommerce, Shopify, Magento V1 and V2, OpenCart, and a Payflex API for custom-built websites. · payflex.co.za, 8 Oct 2026
Merchant pricing: Merchants pay no setup fee and are charged a monthly service fee plus transaction fees on successful orders; the page does not state the fee amounts. · payflex.co.za, 8 Oct 2026
Merchant settlement: Payflex says it pays merchants upfront and handles collection from shoppers. · payflex.co.za, 8 Oct 2026
Pay in 2 and Pay in 3: Pay in 2 collects half upfront and the remaining half later; Pay in 3 collects the first instalment upfront and splits the balance over the next two paydays. · payflex.co.za, 8 Oct 2026
Pay in 4: Pay in 4 splits a purchase into four instalments, with the first paid upfront and the other three debited every two weeks. · payflex.co.za, 8 Oct 2026
Payment options: Payflex describes Pay in 2 as a 50% payment now and the remainder later, and Pay EFT as an instant bank transfer option. · payflex.co.za, 8 Oct 2026
Privacy: Payflex says it implements data security safeguards and may transfer personal information to other countries under specified data-protection conditions. · payflex.co.za, 8 Oct 2026
Regional availability: Payflex’s developer documentation says the service currently operates only within South Africa. · docs.payflex.co.za, 8 Oct 2026
Security: Payflex says its website is SSL-secure, it does not store card details, and payments are handled by a PCI-compliant South African payment gateway. · payflex.co.za, 8 Oct 2026
Spending limit: The shopper’s spending limit depends on an individual Payflex assessment and can be viewed in the app or customer portal. · payflex.co.za, 8 Oct 2026
Support: Customer support hours are Monday to Friday 8:30–17:00, Saturday and Sunday 09:00–15:00, and public holidays 09:00–13:00. · payflex.co.za, 8 Oct 2026
Support hours: Customer support hours are Monday to Friday 8:30 to 17:00, Saturday and Sunday 09:00 to 15:00, and public holidays 09:00 to 13:00. · payflex.co.za, 8 Oct 2026

Where Payflex stands on Freedom251

Buy Now, Pay Later Platforms#23 of 26