About FX Paymaster

Banks are average, we’re awesome!

4 years ago, we set out to transform the South African payment space by bringing innovation and transparency to the market. We got tired of banks overcharging clients just to transfer funds abroad. Seeing a gap in the market for a modern, streamlined money transfer solution, we established FX paymaster – a great alternative to banks.

Interested in a better payment experience, then you’re in the right place. We’re focused on solving problems, treating you fairly and being totally transparent. Join us as we change the way South African businesses move money around the world.

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A disruptive philosophy 

We are tech centric business. We understand our customers pain points and use technology to streamline payment processes, reduce costs and eliminate unnecessary administration.

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We’re setting a new standard for international payments

Most banks don’t disclose their margins and fees. At FX Paymaster, we never hide our fees or charges and always disclose our dealing margin. A promise we’ve maintained since our launch in 2015. Today, over 1,000 businesses use our online payment system to transfer funds abroad.

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About FX Paymaster

Transferring money just got even easier

  • Open an account online directly through our website.
  • You don’t need to switch banks in order to use FX Paymaster.
  • We’ll open a new account in your name at our partner Bank.
  • The account is completely free and there’s no obligation to use it.
  • When transferring money, you will always fund your own account, we will never handle your funds directly.
  • FX paymaster is an Authorised Financial Services Provider: FSP 46213