Simple & transparent

How FloatPay Works

Split any purchase into 4 equal payments. Pay 25% today and the rest automatically over 90 days. Zero interest, always.

Find a store near you

Interest, ever

Equal payments

200+

Partner shops

For shoppers

Your 4-step shopping journey

Find a store

Browse our 200+ partner shops online or in-store. Look for the FloatPay badge at checkout.

Add to cart

Shop as you normally would. Add items to your cart. No special account needed to start.

Select FloatPay

At checkout, choose FloatPay as your payment method. Enter your SA ID number and bank account details. Approval in under 10 seconds.

Pay 25% today

Pay 25% now. The remaining 3 equal instalments debit automatically — every 30 days. Get your items immediately.

Transparent fees

No hidden fees. Plain language.

We believe in transparency. Here's exactly what FloatPay costs — for shoppers, it's always free when you pay on time.

Charge	Amount	When it applies
Interest	R0.00	Never — on any instalment, ever
Account opening fee	R0.00	Free to start using FloatPay
On-time payment fee	R0.00	Pay on time — pay nothing extra
Late payment fee	R99	Only if a scheduled debit fails. One fee per missed payment. Not compounding.

Our responsible lending commitment

We assess affordability before approving any purchase. FloatPay is a registered credit provider under the National Credit Act 34 of 2005. We care about your financial wellbeing. Read our responsible lending policy.

Eligibility

Who can use FloatPay?

FloatPay is designed for South African adults with a valid bank account. Requirements are minimal — we want to make BNPL accessible.

South African ID number (valid, 13-digit RSA ID)
Active South African bank account (any major bank)
18 years or older
Valid mobile number (for OTP verification)
Email address

For purchases under R5,000: soft affordability check only — no hard credit bureau pull. For purchases R5,000+: full NCA-compliant affordability assessment.

For merchants

How it works for your store

Integrate

Install our Shopify app, WooCommerce plugin, or connect via our REST API. Go live in under 30 minutes.

Customer selects FloatPay

At your checkout, customers see FloatPay as a payment option. Approval happens in seconds.

We settle in full

FloatPay pays you the full purchase amount within 24 hours. You never wait for instalments. We absorb the collection risk.

You grow

Watch your average basket size increase. Shoppers spend more and come back more often with FloatPay.

Questions answered

Frequently asked questions

Is there really no interest?

Yes, absolutely. FloatPay charges zero interest on all purchases, regardless of size. The only charge you may ever face is a R99 late fee if a scheduled debit fails — and that fee does not compound.

Will using FloatPay affect my credit score?

For purchases under R5,000, we perform a soft affordability check only — this does not affect your credit score. For larger purchases, we conduct a full NCA-compliant affordability assessment which may include a bureau enquiry.

What happens if I miss a payment?

If a scheduled debit fails, you'll receive an SMS and email notification. A once-off R99 late fee applies. You'll have 5 days to make the missed payment manually before the next debit attempt. If you're struggling, please contact us — we'd rather work out a plan than charge fees.

Can I pay off my balance early?

Yes, you can pay off your remaining balance at any time with no penalty. Log in to your FloatPay account, navigate to your active order, and select "Pay off balance".

What stores accept FloatPay?

FloatPay is accepted at 200+ shops across South Africa, including fashion, electronics, home goods, sports, beauty, and more. Visit our store finder to find shops near you or online.

Is there a purchase limit?

The minimum purchase is R100 and there is no hard maximum limit — however, larger purchases require a full affordability assessment. Individual merchant checkout limits may apply based on their plan.

How do I return a purchase made with FloatPay?

Returns follow the merchant's returns policy. Once the merchant processes your refund, FloatPay will cancel any future instalments and refund your initial payment. If all instalments have been paid, a full refund will be issued to your bank account.

How do I integrate FloatPay into my store?

We offer plugins for Shopify, WooCommerce, Magento, and OpenCart. We also have a full REST API for custom builds. Visit our Partners page or contact us at [email protected] to get started.

When do merchants get paid?

Merchants receive the full purchase amount within 24 hours of the consumer's order confirmation (T+1 for Growth/Enterprise plans; T+2 for Starter). You are never responsible for collecting instalments.

Is FloatPay regulated?

Yes. FloatPay operates as a registered credit provider under the National Credit Act 34 of 2005 (NCR registration pending). We comply with POPIA (Protection of Personal Information Act 4 of 2013) for all data we handle. See our Responsible Lending page for more details.

How is FloatPay different from a credit card?

Unlike a credit card, FloatPay charges zero interest and has no revolving credit balance. You pay a fixed amount at a fixed schedule. There's no annual fee, no credit limit increase temptation, and no minimum payment trap. It's designed to be a responsible, planned payment tool — not open-ended credit.

What currencies does FloatPay support?

FloatPay operates exclusively in South African Rand (ZAR). All payments, instalments, and fees are displayed in Rand. We do not support foreign currency transactions.

Ready to split your next purchase?

Join thousands of shoppers and 200+ merchants across South Africa who are already using FloatPay.

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