NM
Nigel M

1 reviews | Active since Mar 2020

12 Jan 2024, 16:44

Payfast should be called Payslow/Pay*******

I purchased items through a merchant of PAYFAST. The money was taken IMMEDIATELY from my bank account. Long story short, a refund was processed by the merchant. I called payfast to request information on the turn-around-time for payments to my account. I was told yesterday by an agent that it would reflect either yesterday or today being the 12 January 2024. I then called today again and I was told by Monday 15th of January 2024. I asked for a manager to call back and nothing. I then called at 4:20pm and I asked to speak to a manager and was put through to Kayleen(spelling might be different). I explained what happened and I was then told by her that a refund takes 14 business days. She said that it is my bank that holds the money for that period of time. She then puts the phone down in my ear. I call back and they once again put me through to Kayleen, who now tells me that I just have to wait up to 14 days to get my refund. So they hold on to the money for a long period of time to benefit from the interest they pull from having the money if their accounts. ******* comes in all shapes and sizes. I wil never ever use a merchant that uses PAYFAST, contrary to their name, they do NOTHING fast.

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Replies (1)
PayFast
PayFast's reply15 Jan 2024, 15:20
Official
Hi there Nigel and thank you for sharing. We have escalated this matter to our Support team as well as management team for review. We have also requested that urgent feedback is provided to you as quickly as possible. 

Best regards,