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<\/a><\/p>\nHow it works\u00a0<\/strong><\/p>\n To pay for purchases, Fasta cardholders receive a 16-digit card number, security code and expiry date, which they use to complete an online purchase, much like they would with a physical card.<\/p>\n For in-store purchases, the FastaCard can be loaded into Samsung Pay, or any Masterpass-enabled digital wallet available from all the major banks, as well as SnapScan or VodaPay.<\/p>\n Once loaded, the cardholder can use their mobile phone to Scan a QR code displayed at checkout at more than 200,000 retailers and billers that accept Masterpass payments in South Africa.<\/p>\n Consumers can apply for a Fasta at participating online retailers at checkout by selecting Fasta as their payment method or by visiting the fintech’s website<\/a><\/strong>.<\/p>\n Applicants are required to provide their South African ID number and permission to access their transactional banking details \u2013 without having to upload any documents.<\/p>\n Applicants also need to be 18 years or older with a verifiable regular income.<\/p>\n Consumers can select their own credit limit, up to R8,000, and repayment plan with up to three instalments paid over four months.<\/p>\n Cardholders can check their balance and re-load their card once the credit limit is reached via the Fasta website and the FastaCard is valid for three years.<\/p>\n
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