Spend abroad with the mid-market exchange rate - no markups, and no sneaky transaction fees.
Each country has its own way of moving money, and choosing the right method can sometimes be difficult. That’s why we have curated the most popular and best payment options for you to use in South Africa.
Yes, PayPal is accepted in South Africa.
Wondering what the most popular ways to pay are in South Africa? Explore the top payment options and choose wisely.
South Africa, with a population of around 64.15 million people, has a GDP of approximately 410.34 billion making it the 39th largest economy in the world. The official currency of South Africa is the South African Rand (ZAR)
The most industrialized economy in Africa, it is driven by mining (platinum, gold), financial services, and manufacturing. It is a member of the G20 and BRICS, and is the anchor of the Southern African Customs Union (SACU).
In South Africa's formal economy, the most common non-cash payment method is the debit or credit card. For online payments, Electronic Funds Transfer (EFT), where customers transfer money directly from their bank account, is a very popular method. Physical cash, the Rand, remains critical for the country's large informal sector, public transport, and for many consumers' daily needs.
Whatever you need to buy during your trip, whether it’s a travel adapter, train ticket or an extra bottle of sunscreen, the Wise Multi-Currency Card has you covered.
You can spend like a local in 150+ countries, as this clever contactless card automatically converts currency at the mid-market exchange rate whenever you spend - for just a small conversion fee.
And for extra convenience, you can add your Wise Multi-Currency Card to your Google Wallet or Apple Wallet. Then you can travel even lighter and pay using just your phone, with no need to pack the physical card.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.