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PayFlex is essentially a Buy Now Pay Later (BNPL) payment method. It came into operation back in 2017. The founders realized South Africans needed a more convenient way to pay for things. And there's nothing better than allowing the consumers to buy something instantly and letting them pay in instalments.

The founders also did intense market research and took inspiration from Afterpay, Zip, Klarna, etc., services. None of these options is available in South Africa, so they had to develop their own.

The result is PayFlex. 2018 marks the year when the prototype was developed and launched in the market to test. 2019 will be written in golden letters in the company's history as it launched the full-fledged service with Superbalist, the largest fashion merchant in SA. By 2020, PayFlex became a mainstream payment option as more than 200 merchants partnered up.

Currently, the company is working to push the limits and enrol every single merchant in South Africa. It will be a long and bloody (metaphorically, of course) battle, but the early results show intense potential.

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As the payment method in question uses the "Buy Now Pay Later" modality, it's only normal for you to be confused about how to use it. So, let us help.

As long as you're 18 years old and are a registered citizen of South Africa, you're free to use PayFlex. On top of that, you'll need a Visa, Mastercard, or American Express credit/debit card. How else do you plan to pay for your purchases?

Once you get these things ready, here's how you deposit into PayFlex online casinos within a few minutes.

1. If you're shopping with PayFlex, choose whatever you want to buy and add it to your cart. On the checkout page, choose PayFlex as your designated method.
2. If you've never used this method for a deposit before, you need to provide your name, email address, and ID number issued by the government to get started. The verification process is done in real-time, so you can complete these steps standing inside the store if you want. But we recommend doing it beforehand, so you don't face any difficulties.
3. You need to connect the payment method you want to use to your PayFlex account. For the purchase to go through, you need to pay 25% upfront.
4. You get your product as scheduled. You get the entire amount in your account if it's an online casino.
5. Then, you need to pay the remainder over six weeks. After two weeks from the purchase date, PayFlex will automatically deduct the amount from your added payment method. If it doesn't work, you have to pay it manually.

PayFlex Deposit Fee

There are no fees! That's the best thing about PayFlex, in our opinion. Most BNPL models charge an additional fee for letting the shoppers delay the payment. PayFlex doesn't.

However, you'll need to pay the default fees if you miss a payment. At the time of writing, it was R65.00. Unless you take care of the payment, R75.00 will be added to the due weekly. It might look counterintuitive to a lot of you. But PayFlex is a business model, and all businesses need a steady flow of money.

On the bright side, the fee is no higher than R225.00. But waiting for that long isn't a good idea from any angle imaginable.

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Well, PayFlex is designed with shoppers in mind. So, you can't withdraw money from your online casino account if that's what you're looking for. So, the question of withdrawal fees is redundant in this case. You can use bank transfer casinos for withdrawals.

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We not only have included all the major online casinos that accept PayFlex deposits but also gathered the fastest withdrawal casinos. Unfortunately, you can't use the same method for withdrawal. But these fastest online casinos will surely help you mitigate disappointment.

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Every online payment method in the world has some benefits and some drawbacks. PayFlex is no different. So, let's go over the ones you can expect to find.